Turnkey 2-Unit Cash-Flowing Investment Newark, NJ Fully occupied multi-family generating immediate income from day one or move into one unit and let the rental income from the other dramatically offset your housing costs. Either way, this property is ready to perform.Unit Mix:First Floor 3 Bed / 1 Bath with Long-term tenants in placeSecond Floor 4 Bed / 1 Bath Long Term Tenants In PlaceBoth units benefit from a blend of housing-assisted and market tenants, providing a diversified income stream with reliable, on-time rent collection. Tenants pay their own electric and gas owner responsibility is limited to water/sewer only.Recent Capital Improvements Already Done:New roof New Separate HVAC system New sewer lineThis is a low-turnover, professionally managed asset with a proven rental history. Whether you're building a portfolio or looking for a stable first investment, this property is structured to perform from closing day forward. Investor-friendly in every sense. Very easy to show.Selling as-is, fully occupied. Rent roll and financials available to qualified buyers upon request.
65 Stone St, Newark City NJ 07104-3768
Property City
Newark City
Property Price
$499,000
Bedrooms
7
Year Built
2021
Tax Annual Amount
$6034
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle, Flat
Lot Size Area
0.06
MLS Status
Active
MLS #
4020475
Yearly Tax Rate
3.999
Year Built (*numeric)
2021
Basement
Yes
Roofing (*text)
Asphalt Shingle, Flat
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
Central Air
GarageSpaces
0
Heating
Forced Hot Air
Lot Size Dimensions
25X104
Data import from
GSMLS