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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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48 Cedar Ave , Newark City, NJ 07106
$749,999
Est. Payment: $3,816.90/mo
8 Bed
3.5 Bath
0 Sqft
Status: active | Days on site: 38
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
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House Description

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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Highlights

Listed by SAMANTHA LAMPTEY , HP and CLAUDIA ROBINSON , MP EXODUS REAL ESTATE , 732-737-9013. Garden State MLS

Property Type

Multi-Family
Lot/Acreage
0.09

Year Built

1930

County

Essex

Listing ID

4026803

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:3.5
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Air Cond:Window A/C(s)
Fireplaces:
Basement:Finished,Full
Other:Public Water

Exterior Features

Lot Dimensions:37.6X100
Roof:Asphalt Shingle
Others:Wood,1 Car Width
Sewer:Public Sewer
Parking Features:Detached Garage
Principal Interest
$3,817
Taxes
$899

Home Price

$749,999

Loan Details

30 yrs
6.562%

Down Payment

20%
$150,000
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:
$3,816.90

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,816.90 $899.42 $0.00 $4,716.32
Yearly $45,802.81 $10,793.00 $0.00 $56,595.81
Total $1,374,084.24 $323,790.00 $0.00 $1,697,874.24

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