Ignite FB Tracking Pixel15 Stone Street, Newark City, NJ 07104 - The Heather and Suki Real Estate Group
Weichert Realtors
The Heather and Suki Real Estate Group, Weichert RealtorsPhone: (973) 820-5751
Email: [email protected]
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listing
1 of 19
CommercialFor Sale
$3,500,000
15 Stone Street
Newark City, NJ 07104
Courtesy of Signature Realty NJ
MLS: Garden State MLS
5,192Sq Ft
Est. Mortgage
$18,166/mo

Discover a prime investment opportunity in Newark with this meticulously maintained 16-unit apartment building. Featuring a compelling 5% Cap rate and full occupancy, this four-story multi-family brick building offers a diverse mix of units: 12-two bedroom, 3-three bedroom, and 1-one bedroom apartments. Each unit includes an eat-in kitchen, spacious living room, and bathroom, ensuring comfortable living spaces for tenants.Located in a sought-after neighborhood known for its convenience and accessibility, this property is poised to deliver steady rental income and potential for future appreciation. Recent maintenance and upgrades enhance the building's long-term profitability.With ample room for appreciation, don't miss out on investing in this thriving Newark community. Schedule a tour today to seize this lucrative opportunity and secure your place in Newark's dynamic real estate market.

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