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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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409 Halsey St , Newark City, NJ 07102
$1,050,000
Est. Payment: $5,730.28/mo
8 Bed
5 Bath
3600 Sqft
0.06 Acres
Status: active | Days on site: 15
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Susan Maryanski
Operator

House Description

Downtown Newark is growing and opportunities to own a multifamily right in the middle of that growth don't come around every day. 409 Halsey St gives an investor or owner-occupant the chance to own a property surrounded by new development and continued investment throughout the city.The building has something many multifamily properties don't character. Exposed brick, hardwood floors, high ceilings, large rooms and updated kitchens and baths give the units a true downtown feel. Live in one and collect rent from the others, or add the entire property to your investment portfolio.Location, location, location; Step outside and you're already on Halsey Street, with restaurants, lounges and entertainment nearby. Prudential Center, Newark Penn Station, NJPAC, downtown businesses and universities are all within the surrounding downtown area. When there's a Devils game, concert or event at Prudential Center, you're living or investing right where people are coming to be.Meanwhile, Downtown Newark continues to see new residential construction and redevelopment, including newer buildings already surrounding the property. Add convenient access to NYC, Newark Liberty International Airport, Route 21, I-280 and the Garden State Parkway, and you can see why location matters here.You're buying a downtown Newark property with rental income potential, owner-occupant possibilities and a front-row seat to what's happening around it.

Highlights

Listed by ALESSANDRO FALCAO , MP REAL , 855-450-0442. Garden State MLS

Property Type

Multi-Family

Lot/Acreage
0.06

Year Built

2005

County

Essex

Neighborhood

Central Business District

Listing ID

4057505

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:5
Air Cond:2 Units,Central Air
Fireplaces:
Other:
  • ▪ Additional:Blinds, Carbon Monoxide Detector, See Remarks, Skylight, Smoke Detector, Walk-In Closet, Wood Floors
Water:Public Water

Exterior Features

Lot Dimensions:25X101
Roof:Asphalt Shingle
Others:
  • ▪ Additional:Barbeque, Deck, See Remarks, Vinyl Siding, Concrete, On-Street Parking
Sewer:Public Sewer
Parking Features:Built-In Garage
Principal Interest
$5,730
Taxes
$899

Home Price

$1,050,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$210,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,730.28

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,730.28 $899.42 $0.00 $6,629.70
Yearly $68,763.37 $10,793.00 $0.00 $79,556.37
Total $2,062,901.07 $323,790.00 $0.00 $2,386,691.07

Today's Rates

30 Year

7.25%

20 Year

7.06%

15 Year

6.58%

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Market insight data is pulled from the same city as the listing being viewed (Newark City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-22T22:59:27.000Z

© 2026 Garden State MLS