48 Cedar Ave, Newark, NJ 07106

Newark
Local realty services provided by:ERA Reed Realty, Inc.
48 Cedar Ave,Newark City, NJ 07106
$749,999
  • 8 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: samantha lamptey, claudia robinson
Office: exodus real estate732-737-9013
MLS#:4026803
Source:NJ_GSMLS

Price summary

  • Price:$749,999

About this home

48 Cedar Ave is a well-maintained 3-family property offering strong rental potential and immediate cash flow. The 1st floor features 3 bedrooms, 1 bath, currently rented at $2,150/month. The 2nd floor unit includes 3 bedrooms, 1 bath, with access to the basement and garage, generating $2,798/month. The 3rd floor offers a 2-bedroom, 1 bath unit, currently vacant, but perfect for an owner-occupant or to lease for additional income (projected at $1,750/month).Ideally located just off South Orange Ave, this property provides convenient access to major highways, public transportation, shopping, and schools. Whether you're an investor looking to expand your portfolio or a buyer seeking to offset your mortgage with rental income, this is a fantastic opportunity with great upside potential!

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Home facts

  • Year built:1930
  • Listing ID #:4026803
  • Added:2 day(s) ago
  • Updated:May 14, 2026 at 04:01 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:3
  • Full bathrooms:3
  • Half bathrooms:1
  • Rooms Total:16
  • Basement Description:Basement, Finished, Full

Heating and cooling

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

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1930
  • Lot area:0.09 Acres
  • Architectural Style:3-Three Story
  • Construction Materials:Wood

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$749,999
  • Tax amount:$10,793 (2025)

Features and amenities

  • Amenities:Gas-Natural

Parking

  • Parking description:1 Car Width, Detached Garage
  • Garage spaces:1
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 May 14, 2026

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