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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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232 2nd St , Newark City, NJ 07107
$789,999
Est. Payment: $4,020.47/mo
9 Bed
3 Bath
0 Sqft
Status: active | Days on site: 3
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
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House Description

This spacious 3-family property in Newark offers a rare opportunity for both comfortable living and smart investing. Featuring a total of 9 bedrooms and 3 bathrooms, each unit provides generous layouts ideal for owner-occupants seeking space while generating rental income. The property includes a hard-to-find industrial-style 2-car garage perfect for personal use, storage, or additional income along with a 2-car driveway, giving you and your tenants the convenience of off-street parking. Located just minutes from the train station and light rail, commuting to NYC and surrounding areas is quick and easy, making it highly attractive for tenants. Whether you're looking to offset your monthly expenses or build long-term wealth, this property offers strong income potential and a favorable cap rate. Newark's continued growth and rental demand make this an excellent opportunity to own while investing in your future. Don't miss your chance to secure a multi-family home that works for you! Property is being sold "AS IS."
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Highlights

Listed by CRYSTAL JAMES , MP VILLAGE SQUARE REALTORS , 973-509-2222. Garden State MLS

Property Type

Multi-Family
Lot/Acreage
0.09

Year Built

1900

County

Essex

Listing ID

4023520

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:9
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:1 Unit
Fireplaces:
Basement:Unfinished
Other:Carbon Monoxide Detector,Smoke Detector,Wood Floors
Other:Public Water

Exterior Features

Lot:Level Lot
Lot Dimensions:37.50 X 100
Zoning:Residential
Roof:Asphalt Shingle
Others:Metal Fence,Open Porch(es),Vinyl Siding,1 Car Width
Sewer:Public Sewer
Parking Features:Detached Garage
Principal Interest
$4,020
Taxes
$877

Home Price

$789,999

Loan Details

30 yrs
6.562%

Down Payment

20%
$158,000
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:
$4,020.47

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,020.47 $877.42 $0.00 $4,897.89
Yearly $48,245.63 $10,529.00 $0.00 $58,774.63
Total $1,447,368.83 $315,870.00 $0.00 $1,763,238.83

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