420 S 18th St

Newark City, NJ 07103


 

Price: $970,000

GSMLS:  4019696
Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 9
Baths: 3 Full
Garage: No
Year Built: 1905
Acres: 0.06
Property Tax: $7,038
Description
Opportunity to own a fixer-upper with strong value-add potential in Essex County. This multi-family property offers approximately 3,348 sq ft of living space, featuring 9 bedrooms, 3 bathrooms, and a full basement. Built in 1905, the property includes existing plans for a potential 3-family conversion (buyer to verify all approvals and zoning). The ground floor commercial space provides flexibility for possible residential conversion or garage use. Perfect for an owner-occupant live in one unit and rent the others with low down payment options potentially available for qualified buyers. The property also presents strong rental income potential. The seller, a licensed contractor, is available to complete the build-out at an additional cost. Property is being sold as-is and requires renovation. Notable conditions include missing tiles in the first-floor bathroom. The third floor shows a hole in the exterior trim, a hole in the wall, discoloration under the living room window, a missing bedroom wall, and prior ceiling discoloration in the living room. Ideal for investors or end-users looking to customize and maximize value.
General Info
Style:
3-Three Story
SqFt Building:
4,588
Total Rooms:
15
Basement:
Yes - Full
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
None
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Electric
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Electric
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Electric
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
Central Air
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$970,000
Tax Amount:
$7,038
Land Assessment:
$31,300
Build. Assessment:
$144,700
Total Assessment:
$176,000
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4019696
List Date:
04-09-2026
Days On Market:
0
Listing Broker:
REALTY ONE GROUP LEGEND
Listing Agent:
Luis Cruz
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008


Shawn and Diane Fox