225 S 10th St
Newark City, NJ 07107
Price: $599,000
GSMLS: 4062821Type: Multi-Family
Style: 3-Three Story
Total Units: 2
Beds: 9
Baths: 3 Full
Garage: No
Year Built: 1910
Acres: 0.06
Property Tax: $2,367
Description
*FINANCING SPECIAL - SELLERS PREFERRED LENDER IS OFFERING 5.25% RATE 5% DOWN WITH NO POINTS AND NO PMI ON A 30 YEAR FIXED LOAN - IN ADDITION SELLER IS OFFERING TO PAY YEAR 1 OF TAXES* Turnkey Multi-ubit Jackpot! This massive 1,998 sq. ft. powerhouse is fully updated and primed for immediate cash flow. Offering a high-yield layout featuring 9 spacious brs and 3 full bas, this property is the perfect addition to your portfolio or an ultimate house-hack opportunity where tenants pay your mortgage! Inside, you will find expansive, light-filled units boasting gleaming, rich-toned polished hardwood flooring, fresh neutral paint, and modern-traditional details like oversized colonial trim. Built for peak rental durability and low-maintenance management, the asset features solid wood staircases, highly functional kitchens, and dependable utility configurations across versatile multi-level living areas. Location is everything, and this property sits in a high-demand Newark hub just minutes from major highways, public transit, and retail centers guaranteeing a steady stream of renters and minimal vacancy. Every square inch has been optimized for utility, value, and immediate tenant occupancy with zero heavy lifting required on day one. Opportunities combining this level of turnkey scale, pristine condition, and rapid monetization potential disappear fast in today's market. Act quickly, secure your equity, and schedule your private showing before this cash cow is sold!
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
18
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
None
Parking:
None
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
7
Room Description:
Bedrooms, Eat-In Kitchen, Laundry Room, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
6
Bathrooms:
2
Total Rooms:
11
Room Description:
Bedrooms, Eat-In Kitchen, Laundry Room, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas
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:
Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground
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:
$599,000
Tax Amount:
$2,367
Land Assessment:
$31,300
Build. Assessment:
$27,900
Total Assessment:
$59,200
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4062821
List Date:
11-04-2026
Days On Market:
1
Listing Broker:
KELLER WILLIAMS PARK VIEWS
Listing Agent:
Eyal Levy
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
