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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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114 Peck Ave , Newark City, NJ 07107
$795,000
Est. Payment: $4,045.92/mo
9 Bed
3 Bath
0 Sqft
Status: active | Days on site: 6
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
Operator

House Description

Welcome to 114 Peck Avenue, a fantastic opportunity to own a legal 3-family property with immediate income potential and long-term value. Perfect for both investors and owner-occupants, this property features three spacious 3-bedroom units designed for strong rental appeal.Two units are occupied by excellent long-term tenants, providing reliable rental income from day one, while the vacant third unit offers the flexibility for owner occupancy or the opportunity to lease at current market rents and maximize cash flow.The full basement offers ample space and endless possibilities for storage, a workshop, recreation area, or future improvements. Bring your imagination and unlock the property's full potential.Conveniently located near schools, shopping, public transportation, and major highways, this well-maintained multi-family home is an excellent addition to any investment portfolio or the perfect place to call home while generating rental income.Don't miss this rare chance to own a legal 3-family with strong income, future upside, and endless possibilities. Schedule your private showing today!

Highlights

Listed by MARY GRIESS , MP WEICHERT REALTORS , 973-779-1900. Garden State MLS

Property Type

Multi-Family

Lot/Acreage
0.09

Year Built

1925

County

Essex

Listing ID

4040708

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:9
  • Bathrooms:3
  • Full Bathrooms:3
Air Cond:3 Units,Central Air
Fireplaces:
Basement:French Drain,Full,Unfinished,Walkout
Other:Public Water

Exterior Features

Lot Dimensions:37.6X100
Roof:Flat, Rubberized
Others:See Remarks,1 Car Width,Driveway-Shared
Sewer:Public Sewer
Principal Interest
$4,046
Taxes
$989

Home Price

$795,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$159,000
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:
$4,045.92

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,045.92 $988.75 $0.00 $5,034.67
Yearly $48,551.04 $11,865.00 $0.00 $60,416.04
Total $1,456,531.23 $355,950.00 $0.00 $1,812,481.23

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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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: 2026-07-21T23:37:13.000Z

© 2026 Garden State MLS