431 Kerrigan Blvd, Newark, NJ 07040

Local realty services provided by:ERA Duke Realtors
431 Kerrigan Blvd,Newark City, NJ 07040
$800,000
  • 8 Beds
  • 4 Baths
  • 6,300 sq. ft.
  • Multi-family
  • Coming Soon
Listed by: marvin williams
Office: coldwell banker realty973-378-8300
MLS#:4048570
Source:NJ_GSMLS

Price summary

  • Price:$800,000
  • Price per sq. ft.:$126.98

About this home

Well-maintained fully ?Brick? 4-family investment property in sought-after Upper Ivy Hill of Newark offering approximately 6,300 sq. ft The first-floor units each consist of 1 Br, while the second-floor units each feature 2 Brs, providing a current configuration of 6 Brs and 4 Bths. However, with the exceptionally spacious floor plan, both first-floor units offer the potential to accommodate a second Br, increasing the property to a possible 8-Br, 4-Bth configuration. The potential annual rental income for this property is $96,000, with annual taxes amounting to $10,227. This results in a net annual income of $85,773 before utilities and debt servicing charges. Property has hardwood floors throughout and comes with newer roofing, furnace and windows. Basement is full size, standing height, partially finished with unlimited potential. This is a commuter's delight, walking distance to NYC express 107 bus, 5 minute drive to NYC train station, 15 minutes from Newark Liberty Airport, and...

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Home facts

  • Year built:1930
  • Subdivision & Development:Upper Vailsburg
  • Listing ID #:4048570
  • Updated:August 25, 2026 at 04:07 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:16
  • Basement Description:Basement, Finished-Partially, Full, Walkout
  • Living area:6,300 sq. ft.

Heating and cooling

  • Heating:4+ Units, Radiators - Hot Water

Structure and exterior

  • Roof:Asphalt Shingle, Flat
  • Year built:1930
  • Building area:6,300 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Irregular Lot, Level Lot
  • Architectural Style:2-Two Story, Fourplex
  • Construction Materials:Brick
  • Exterior Features:Curbs, Sidewalk

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$800,000
  • Price per sq. ft.:$126.98
  • Tax amount:$10,277 (2025)

Features and amenities

  • Amenities:Carbon Monoxide Detector, Fire Extinguisher, Gas-Natural, Smoke Detector, Wood Floors

Parking

  • Parking description:Additional Parking, Blacktop Driveway, Detached Garage, Off-Street Parking
  • Garage spaces:3
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 August 25, 2026