Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
9 Beds
3 Baths

$789,999

232 2nd Street, Newark NJ, 07107

Property typeMulti-family
Listed by with Village Square Realtors 201-486-4845

Overview

Active

Active - Active

Listed Apr 27, 2026

Updated 4 days ago

This spacious 3-family property in Newark offers a rare opportunity for both comfortable living and smart investing. Featuring a total of 9 bedrooms and 3 bathrooms, each unit provides generous layouts ideal for owner-occupants seeking space while generating rental income. The property includes a hard-to-find industrial-style 2-car garage perfect for personal use, storage, or additional income along with a 2-car driveway, giving you and your tenants the convenience of off-street parking. Located just minutes from the train station and light rail, commuting to NYC and surrounding areas is quick and easy, making it highly attractive for tenants. Whether you're looking to offset your monthly expenses or build long-term wealth, this property offers strong income potential and a favorable cap rate. Newark's continued growth and rental demand make this an excellent opportunity to own while investing in your future. Don't miss your chance to secure a multi-family home that works for you! Property is being sold "AS IS."

$5,256/mo

Est. mortgage payment based on a $789,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26014864

Interior Features

Bedrooms
9
Bathrooms
3
Basement
No

Other Property Details

Taxes
$10,529
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
MLS provider logo

Listed by with Village Square Realtors 201-486-4845

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS.  Real estate listings held by brokerage firms other than Ridgeco Properties are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers.  Some properties listed with the participating brokers do not appear on this website at the request of the seller.  Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed.  Last date updated:  10/6/2026 

Source:  New Jersey Multiple Listing Service, Inc.

©2026  New Jersey Multiple Listing Service, Inc.  All rights reserved.

Powered by Luxury Presence