239 S 8th St, Newark, NJ 07103
Local realty services provided by:ERA Reed Realty, Inc.
239 S 8th St,Newark City, NJ 07103
$660,000
- 8 Beds
- 4 Baths
- 4,294 sq. ft.
- Multi-family
- Active
Listed by: diego colorado
Office: keller williams village square
MLS#:4008183
Source:NJ_GSMLS
Price summary
- Price:$660,000
- Price per sq. ft.:$153.7
About this home
This exceptional three-family property in Newark represents a premier investment or owner-occupant opportunity. Unit 3 is vacant, and you can buy this cash flowing property with only $24,500 down payment! The building features three spacious residential units complemented by a fully finished basement that includes a full bathroom for maximum utility and flexibility. Residents will benefit from a location that places them within a short distance of University Hospital and the city's major academic institutions including NJIT and Rutgers University. The property is ideally situated for effortless commuting with swift access to Newark Penn Station for Manhattan-bound trains as well as the Garden State Parkway and Interstate 280. Local amenities are abundant with the nearby Springfield Avenue Marketplace providing comprehensive shopping options and Branch Brook Park offering sprawling green space just minutes away. This residence combines substantial living space with a strategic location at the center of Newark's educational and medical corridor to ensure long-term value and convenience. Live in one unit and have the tenants pay off the entire mortgage or rent all 3 and cash flow positive over around $2k/month...
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Home facts
- Year built:1877
- Listing ID #:4008183
- Added:51 day(s) ago
- Updated:March 28, 2026 at 02:03 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:22
- Basement Description:Basement, Finished
- Living area:4,294 sq. ft.
Heating and cooling
- Heating:3 Units, Baseboard - Hotwater
Structure and exterior
- Roof:Flat
- Year built:1877
- Building area:4,294 sq. ft.
- Lot area:0.03 Acres
- Architectural Style:Triplex
- Construction Materials:Brick
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$660,000
- Price per sq. ft.:$153.7
- Tax amount:$5,970 (2025)
Features and amenities
- Amenities:Gas-Natural
Parking
- Parking description:On-Street Parking
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