409 Halsey St

Newark City, NJ 07102


 

Price: $1,050,000

GSMLS:  4057505
Type: Multi-Family
Style: 3-Three Story
Total Units: 2
Beds: 8
Baths: 5 Full
Garage: 1-Car
Year Built: 2005
Acres: 0.06
Property Tax: $10,793
Description
Downtown Newark is growing and opportunities to own a multifamily right in the middle of that growth don't come around every day. 409 Halsey St gives an investor or owner-occupant the chance to own a property surrounded by new development and continued investment throughout the city.The building has something many multifamily properties don't character. Exposed brick, hardwood floors, high ceilings, large rooms and updated kitchens and baths give the units a true downtown feel. Live in one and collect rent from the others, or add the entire property to your investment portfolio.Location, location, location; Step outside and you're already on Halsey Street, with restaurants, lounges and entertainment nearby. Prudential Center, Newark Penn Station, NJPAC, downtown businesses and universities are all within the surrounding downtown area. When there's a Devils game, concert or event at Prudential Center, you're living or investing right where people are coming to be.Meanwhile, Downtown Newark continues to see new residential construction and redevelopment, including newer buildings already surrounding the property. Add convenient access to NYC, Newark Liberty International Airport, Route 21, I-280 and the Garden State Parkway, and you can see why location matters here.You're buying a downtown Newark property with rental income potential, owner-occupant possibilities and a front-row seat to what's happening around it.
General Info
Style:
3-Three Story
SqFt Building:
3,600
Total Rooms:
14
Basement:
No
Interior:
Blinds, Carbon Monoxide Detector, See Remarks, Skylight, Smoke Detector, Walk-In Closet, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
25X101
Lot Desc:
n/a
Parking
Garage Capacity:
1-Car
Description:
Built-In Garage
Parking:
Concrete, On-Street Parking
Spaces Available:
2
Unit 1
Bedrooms:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Laundry Room, Living/Dining Room, Porch, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, See Remarks
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Laundry Room, Living/Dining Room, Pantry, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
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
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:
2 Units, Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
2 Units, Central Air
Water Heater:
Gas
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:
Central Business Dis
Financial Considerations
List Price:
$1,050,000
Tax Amount:
$10,793
Land Assessment:
$45,100
Build. Assessment:
$224,800
Total Assessment:
$269,900
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4057505
List Date:
10-07-2026
Days On Market:
4
Listing Broker:
REAL
Listing Agent:
Alessandro Falcao
 

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3108 Route 10 West
Denville, NJ 07834
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Web: MorrisCountyLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
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