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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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485 18th Ave , Newark City, NJ 07103
$799,999
Est. Payment: $4,120.01/mo
0 Bed
2.5 Bath
1800 Sqft
Status: Active | Days on site: 1
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4989 - 277137,407931
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Susan Maryanski
Operator

House Description

Mixed-use investment opportunity featuring five income-producing units. The street-level unit is currently configured and occupied as a 2-bedroom, 1-bath unit, with potential commercial use subject to applicable zoning, approvals, and permitted use. The second and third floors each contain two 1-bedroom, 1-bath apartments with living room and kitchen, for a total of four residential units. All units are currently month-to-month with a history of timely rent payments. Current monthly gross income is $5,600, totaling $67,200 annually. Reported annual operating expenses are $14,626, resulting in NOI of $52,574 and an estimated 6.58% cap rate based on the current asking price. Convenient Newark location with access to public transportation and major roadways. Rent roll and financial information available for review. All income, expenses, permitted uses and financial information to be independently verified by buyer.

Highlights

Listed by PETER MORIELLO , MP and JOSEPH W. METTLE , MP REAL , 855-450-0442. Garden State MLS

Property Type

Commercial Sale

Lot/Acreage
0.04

Year Built

9999

County

Essex

Listing ID

4047292

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2.5
  • Full Bathrooms:
  • 1/2 Bathrooms:5
Air Cond:Central Air
Fireplaces:
Water:Public Water

Exterior Features

Lot Dimensions:33.1X54
Zoning:C2
Roof:Asphalt Shingle
Others:
  • Additional:Brick/Block
Sewer:Public Sewer
Principal Interest
$4,120
Taxes
$652

Home Price

$799,999

Loan Details

30 yrs
6.677%

Down Payment

20%
$160,000
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:
$4,120.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,120.01 $652.17 $0.00 $4,772.18
Yearly $49,440.17 $7,826.00 $0.00 $57,266.17
Total $1,483,205.23 $234,780.00 $0.00 $1,717,985.23

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