13-15 May St, Newark, NJ 07104
Local realty services provided by:ERA Suburb Realty Agency
13-15 May St,Newark City, NJ 07104
$898,000
- 10 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: francis shearon
Office: robert defalco realty llc.732-845-3200
MLS#:4018225
Source:NJ_GSMLS
Price summary
- Price:$898,000
About this home
Rare investment opportunity in North Newark offering a 7% cap rate with strong upside potential. Fully occupied property featuring a unique side-by-side layout with two spacious 3 story units, each offering 5 bedrooms, multiple bathrooms, and large living areas. Additional income potential with 4 detached garage/storage units, a large finished basement with separate entrance, and a central laundry room. Property includes separate heating systems for each unit and a private driveway leading to a 4-car garage. Conveniently located near NYC transportation, major highways, schools, shopping, and public transit. Ideal for investors seeking stable cash flow with value-add potential.
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Home facts
- Year built:1899
- Listing ID #:4018225
- Added:45 day(s) ago
- Updated:May 22, 2026 at 02:15 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:5
- Full bathrooms:5
- Rooms Total:17
- Basement Description:Basement, Finished-Partially
Heating and cooling
- Cooling:Wall A/C Unit(s)
- Heating:2 Units, Radiators - Steam
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1899
- Lot area:0.12 Acres
- Architectural Style:3-Three Story
- Construction Materials:Vinyl Siding
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$898,000
- Tax amount:$10,901 (2025)
Features and amenities
- Amenities:All Utilities Underground
Parking
- Parking description:Additional Parking, Blacktop Driveway, Driveway-Exclusive, Off-Street Parking, On-Street Parking
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