11 Cottage St
Newark City, NJ 07102
Price: $1,100,000
GSMLS: 4057867Type: Multi-Family
Style: 3-Three Story
Total Units: 4
Beds: 10
Baths: 5 Full
Garage: No
Year Built: 1900
Acres: 0.07
Property Tax: $12,908
Description
Fantastic four-family investment opportunity in a convenient Downtown Newark location. This well-positioned multifamily property features two spacious 4-bedroom apartments and two 1-bedroom apartments, with one unit currently vacant and three units occupied, offering an investor immediate rental income with additional upside. The property also includes a semi-finished basement and private backyard, providing valuable additional space.Ideal for investors looking to expand their rental portfolio or owner-occupants seeking to live in one unit while generating rental income from the others. Conveniently located near public transportation, shopping, dining, schools, and major Newark amenities, with easy access to Newark's downtown transportation network and commuter connections. A strong opportunity for both seasoned investors and buyers looking to add a multifamily property to their portfolio.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
14
Basement:
Yes - Finished-Partially, Full
Interior:
n/a
Roof:
Flat
Exterior:
Brick
Lot Size:
30X97
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
None
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
4
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
4
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Utilities
Heating:
4+ Units, Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
4+ Units, Ductless Split AC
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, 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:
$1,100,000
Tax Amount:
$12,908
Land Assessment:
$36,100
Build. Assessment:
$286,700
Total Assessment:
$322,800
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4057867
List Date:
10-08-2026
Days On Market:
3
Listing Broker:
RE/MAX PROFESSIONALS I
Listing Agent:
Jeffrey Cuate
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
