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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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13-15 May St , Newark City, NJ 07104
$850,000
Est. Payment: $4,377.52/mo
10 Bed
7 Bath
0 Sqft
Status: Active | Days on site: 57
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Susan Maryanski
Operator

House Description

Rare investment opportunity in North Newark offering offering an attractive 7%+ cap rate with strong upside potential. Fully occupied property featuring a unique side-by-side layout with two spacious 3 story units, each offering 5 bedrooms, multiple bathrooms, and large living areas. Additional income potential with 4 detached garage/storage units, a large finished basement with separate entrance, and a central laundry room. Property includes separate heating systems for each unit and a private driveway leading to a 4-car garage. Conveniently located near NYC transportation, major highways, schools, shopping, and public transit. Ideal for investors seeking stable cash flow with value-add potential.

Highlights

Listed by PETER BOUTROS , MP EXP REALTY, LLC , 866-201-6210. Garden State MLS

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1899

County

Essex

Listing ID

4033681

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:10
  • Bathrooms:7
  • Full Bathrooms:7
Air Cond:Window A/C(s)
Fireplaces:
Basement:Finished-Partially
Water:Public Water

Exterior Features

Lot Dimensions:5240 SF
Roof:Asphalt Shingle
Others:
  • Additional:Vinyl Siding, Additional Parking, Blacktop, Driveway-Exclusive, Fencing, Off-Street Parking, On-Street Parking
Sewer:Public Sewer
Parking Features:Detached Garage
Principal Interest
$4,378
Taxes
$908

Home Price

$850,000

Loan Details

30 yrs
6.677%

Down Payment

20%
$170,000
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:
$4,377.52

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,377.52 $908.42 $0.00 $5,285.94
Yearly $52,530.25 $10,901.00 $0.00 $63,431.25
Total $1,575,907.53 $327,030.00 $0.00 $1,902,937.53

Today's Rates

30 Year

6.68%

20 Year

6.59%

15 Year

6.04%

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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: 2026-09-05T12:59:16.000Z

© 2026 Garden State MLS