NJ > Newark City
Newark City, NJ 07107,372 6Th Ave
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
12
Aug
Wed
13
Aug
Thu
14
Aug
Dante Rodriguez

Dante Rodriguez

+1(732) 829-5493
$ 999,999
Est. payment | /mo

999 SqFt

Save
$ 999,999
Est. payment | /mo
Save

999 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 999 sqft

Price per Sqft $1,001

MLS Listing ID 3970956

Year Built 1900

Annual Tax Amount $16,162

Tax Year 2024

Lot Size 4,791 Sqft

Property Description

This prime six-unit opportunity has a 6.5% Cap Rate located in a high growth development zone. A true turn-key investment with lots of room for upsize with 50% of the units being leased below market values. Don't miss the chance to invest in a strategic asset within one of the city's most promising growth markets and has a strong rental history. Each unit features spacious layouts, modern amenities and strong tenant demand; ideal for both seasoned and new investors looking to grow their real estate portfolio.

Location

State NJ

County Essex

Zoning Com

Rooms

Basement Full

Interior

Heating Electric, Gas-Natural

Cooling Window A/C(s)

Equipment Appliances, Exhaust System, Fire Alarm, See Remarks

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available All Underground, Electric, Gas In Street

Roof Type Asphalt Shingle, Flat

Building

Lot Description Level Lot

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COMPASS NEW JERSEY, LLC
agent-avatar

+1(732) 829-5493

dante.rodriguez@exprealty.com

USA

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Dante Rodriguez, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.
} var link = document.createElement("link"); link.href = "https://u.realgeeks.media/vanitygeeks/sites/danterodriguez/custom-vg.css"; link.rel = "stylesheet"; document.head.appendChild(link); document.addEventListener('DOMContentLoaded', function() { setTimeout(function() { var customContent = document.querySelector('.custom-content'); if (customContent) { customContent.innerHTML += `
MLS Access Equal Opportunity Housing MRP abr accredited exp
`; } }, 200); // Adjust the timeout as needed }); document.addEventListener('DOMContentLoaded', function() { setTimeout(function() { var certDiv = document.createElement('div'); certDiv.className = 'cred'; var img1 = document.createElement('img'); img1.src = 'https://u.realgeeks.media/vanitygeeks/sites/danterodriguez/abr_logo_2.png'; certDiv.appendChild(img1); var img2 = document.createElement('img'); img2.src = 'https://u.realgeeks.media/vanitygeeks/sites/danterodriguez/MRP_Logo_2.png'; certDiv.appendChild(img2); var agentLicense = document.querySelector('.agent-license'); if (agentLicense) { agentLicense.parentNode.insertBefore(certDiv, agentLicense); } }, 200); }); };