130 Milford Ave, Newark City NJ 07108-2727

$750,000
Active
Newark City
Bedrooms
9

About this home

This legal 3-family home offers the kind of flexibility that appeals to both owner-occupants and investors looking for strong long-term potential in Newark. Each unit features 3 spacious bedrooms and 1 full bathroom, with every floor offering its own unique layout and feel. The 1st and 3rd floor units have been updated, while the 2nd floor was renovated approximately one year ago. The 1st and 2nd floor units also feature brand-new, beautifully updated bathrooms, adding fresh, modern finishes to two of the three apartments. Inside, the layouts feel practical and comfortable, with enough space for dining tables that actually get used, larger bedroom setups, and the kind of natural light that makes the mornings feel a little easier before heading out for the day. The top-floor unit has a long-term tenant already in place, offering added stability and immediate rental income. Conveniently located near major roadways, public transportation, parks, shopping, and local restaurants, this property offers the flexibility to occupy one unit while generating rental income from the others or add a solid multi-family asset to your investment portfolio. An unfinished basement provides additional storage and future possibilities to fit your needs.

Taxes & fees

Annual property tax
$11,173
Tax year
2025
Tax rate
3.999

Property details

Year Built
1902
Roof (*text)
Asphalt Shingle
Lot Size Area
0.05
MLS #
4052057

Features & amenities

Year Built (*numeric)
1902
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days on market
4
Basement (*text)
Yes
Cooling (*text)
None,WindowAC
Heating
3 Units, Radiant - Hot Water
Lot dimensions
29.2X79.9 AVG.
Property Location

40.71805, -74.19118

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Listing source
GSMLS
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