86 Stuyvesant Ave
Newark City, NJ 07106
Price: $485,000
GSMLS: 4060075Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 8
Baths: 3 Full
Garage: No
Year Built: 1912
Acres: 0.06
Property Tax: $7,106
Description
Investors, take note! This fully occupied two-family property in Newark, NJ offers an established multifamily investment opportunity with two residential units, each featuring 3 bedrooms and 1 full bathroom. With both units currently occupied, this property may appeal to investors seeking a rental property with existing occupancy. The two-unit configuration offers potential for continued rental income and long-term portfolio growth in Newark's multifamily housing market. Whether you are expanding an existing real estate portfolio or exploring income-producing residential properties, this two-family home is worth considering. Buyers should independently verify leases, rental income, expenses, and occupancy details during due diligence. Schedule your showing to explore this Newark investment opportunity. Lender approval required - buyer responsible for all city certs at their own expense.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
13
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
2 Car Width
Spaces Available:
2
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
5
Bathrooms:
2
Total Rooms:
8
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
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:
1 Unit, Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Available
Utilities:
See Remarks
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:
$485,000
Tax Amount:
$7,106
Land Assessment:
$13,800
Build. Assessment:
$163,900
Total Assessment:
$177,700
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4060075
List Date:
10-20-2026
Days On Market:
2
Listing Broker:
RE/MAX PROFESSIONALS I
Listing Agent:
Jorge Velasquez
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
