32 Martin Luther King Jr B, Newark, NJ 07104

Newark
Local realty services provided by:ERA Suburb Realty Agency
32 Martin Luther King Jr B,Newark City, NJ 07104
$875,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: luiz bento
Office: xentry property group llc.201-730-2000
MLS#:4031549
Source:NJ_GSMLS

Price summary

  • Price:$875,000

About this home

Excellent investment opportunity in Newark's desirable 07104 area! This 3-family property offers strong income potential and additional living space with a finished bonus basement. Unit 1 features 2 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. Units 2 and 3 each offer 3 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. The finished basement includes 2 bedrooms, a living room, and a semi-kitchen setup, providing flexible use options. Property requires TLC and presents an ideal value-add opportunity for investors or owner-occupants looking to renovate and maximize returns. Property may be delivered vacant, allowing the next owner to complete modern updates and achieve market rents. Conveniently located near transportation, shopping, schools, and major highways. Being sold as-is. Buyers responsible for conducting their own due diligence regarding legal use and municipal requirements.

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Home facts

  • Year built:1882
  • Listing ID #:4031549
  • Added:1 day(s) ago
  • Updated:June 03, 2026 at 02:14 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:20
  • Basement Description:Basement, Finished, Full

Heating and cooling

  • Cooling:Wall A/C Unit(s)
  • Heating:3 Units

Structure and exterior

  • Year built:1882
  • Lot area:0.06 Acres
  • Architectural Style:3-Three Story
  • Construction Materials:Aluminum Siding

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$875,000
  • Tax amount:$6,782 (2025)

Features and amenities

  • Amenities:Gas-Natural
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated June 3, 2026

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