202 Eastern Parkway, Newark, NJ 07106
Local realty services provided by:ERA Queen City Realty
202 Eastern Parkway,Newark, NJ 07106
$850,000
- - Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: karla guevara
Office: century 21 venture real estate-kearny201-991-1300
MLS#:26023209
Source:NJ_MLS
Price summary
- Price:$850,000
About this home
Positioned in NewarkÁ¢‚¬„¢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 strong potential for student housing, making it an attractive long-term investment 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....
Contact an agent
Home facts
- Listing ID #:26023209
- Added:50 day(s) ago
- Updated:August 11, 2026 at 07:52 AM
Rooms and interior
- Total bathrooms:5
- Full bathrooms:5
- Rooms Total:16
Finances and disclosures
- Price:$850,000
- Tax amount:$9,993
Features and amenities
- Laundry features:Hook Ups
Parking
- Garage spaces:4
New listings near 202 Eastern Parkway
- New
$900,000Active11 beds 3 baths374-376 Chadwick Ave #3, Newark City, NJ 07112
MLS# 4045636Listed by: LARA REALTY CORP - New
$799,000Active7 beds 5 baths62 Columbia Ave, Newark City, NJ 07106
MLS# 4045998Listed by: KELLER WILLIAMS PARK VIEWS - Open Sat, 2 to 4pmNew
$599,999Active6 beds 3 baths2,022 sq. ft.596 S 19th St, Newark City, NJ 07103
MLS# 4045874Listed by: REALTY OF AMERICA - New
$549,000Active4 beds 2 baths888 Lake Street, Newark, NJ 07104
MLS# 26030086Listed by: KELLER WILLIAMS SUBURBAN REALTY - Open Sat, 1 to 3pmNew
$675,000Active5 beds 3 baths586 15th Ave, Newark City, NJ 07103
MLS# 4045829Listed by: RE/MAX FIRST REALTY II - New
$499,999Active4 beds 3 baths81 Crane Street, Newark, NJ 07104
MLS# 26029345Listed by: WESTMARQ REALTY, LLC - Open Sat, 12 to 2pmNew
$699,500Active-- beds 3 baths72 Sunset Avenue, Newark, NJ 07106
MLS# 26029949Listed by: RE/MAX FIRST REALTY II - Coming Soon
$549,000Coming Soon3 beds 1 baths159-161 Vermont Ave, Newark City, NJ 07106
MLS# 4045784Listed by: RE/MAX NEW MILLENNIUM GROUP - Coming SoonOpen Sat, 12 to 2pm
$699,500Coming Soon9 beds 3 baths72 Sunset Ave, Newark City, NJ 07106
MLS# 4045728Listed by: RE/MAX FIRST REALTY II - New
$1,100,000Active-- beds 6 baths111 Pennington Street, Newark, NJ 07105
MLS# 26029906Listed by: WEICHERT HOME CITY REALTY