200 Eastern Pkwy, Newark, NJ 07106
Local realty services provided by:ERA Queen City Realty
200 Eastern Pkwy,Newark City, NJ 07106
$850,000
- 8 Beds
- 5 Baths
- 3,600 sq. ft.
- Multi-family
- Pending
Listed by: karla guevara
Office: century 21 venture real estate201-991-1300
MLS#:4035987
Source:NJ_GSMLS
Price summary
- Price:$850,000
- Price per sq. ft.:$236.11
About this home
Positioned in Newark's highly desirable Ivy Hill neighborhood, just steps from Seton Hall University, this 4-family property, with 8 bedrooms and 5 full baths, presents a rare opportunity for investors and owner-occupants alike. Enjoy convenient access to the lifestyle and amenities of South Orange Village and the greater SOMA community without the premium price tag. Commuters will appreciate the nearby train service providing easy access to New York City. What sets this property apart? Aside from low property taxes and four income-producing units, the home features a finished basement with three additional rooms and a full bathroom, offering valuable flexibility and potential. The building is equipped with separate gas and electric meters, separate and new hot water heaters, and three out of four newer boilers, providing operational efficiency and ease of management. The property offers long-term investment potential with strong upside. Whether you're seeking immediate cash flow, future appreciation, or a combination of both, this asset checks all the boxes for a buy-and-hold strategy. The property also includes four garages and long driveway, providing additional value and income potential. Property and garages are being conveyed in as-is condition....
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Home facts
- Year built:1932
- Listing ID #:4035987
- Added:49 day(s) ago
- Updated:August 11, 2026 at 12:24 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Full bathrooms:5
- Rooms Total:16
- Basement Description:Basement, Finished, Walkout
- Living area:3,600 sq. ft.
Heating and cooling
- Heating:4+ Units
Structure and exterior
- Roof:Flat, Rubberized
- Year built:1932
- Building area:3,600 sq. ft.
- Lot area:0.12 Acres
- Architectural Style:Fourplex
- Construction Materials:Aluminum Siding, Brick
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$236.11
- Tax amount:$9,993 (2025)
Features and amenities
- Amenities:All Utilities Underground
Parking
- Parking description:2 Car Width, Blacktop Driveway, Detached Garage
- Garage spaces:4
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