- Multi-Family Residential
- Active
- 3 weeks ago
575 N 6Th St
Newark City NJ 07107-2501
$799,000
24.10X100
Description
Discover a rare gem in Newark's North Ward: an income-producing, four-unit property featuring a ground-floor unit with commercial potential. Currently, fully occupied, this asset offers immediate cash flow. The first floor tenant will vacate soon, presenting a valuable opportunity to convert the space into high-demand commercial use or retain as residential. Situated near light rail and NJ Transit bus lines- steps from Newark Penn Station- and surrounded by high foot and vehicle traffic, the location ensures excellent visibility and accessibility for both renters and customers. Ideal for sophisticated investors or owner-occupiers seeking to live in one unit and rent others. This property is within C-1 zoning ( Commercial-neighborhood). Please do your own due diligence. One of the units is in the back (rear unit)
Facts and Features
Type
Multi-Family Residential
Year Built
2024
Heating
Gas-Natural
SQFT
24.10X100
Bedrooms
7
bathrooms
4.00
GARAGE
0
Status
Active
Interior Features
- Basement Description
- Unfinished
- Basement
- Yes
- Total # Full Baths
- 4
- Total # Baths
- 4.00
- # Bedrooms
- 7
- Cooling
- Wall A/C Unit(s)
- Heating
- 4+ Units
- Fuel Type
- Gas-Natural
- Interior Features
- Carbon Monoxide Detector, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors
- Status
- Active
- Total # Rooms
- 14
- Unit 1 Appl/Equip
- Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
- Unit 1 Baths
- 1.0
- Unit 1 Bedrooms
- 2
- Unit 1 Handicap Modified
- No
- Unit 1 Levels
- 1
- Unit 1 Owner/Tenant Pays
- Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
- Unit 1 Room Description
- Bedrooms, Eat-In Kitchen, Living/Dining Room
- Unit 1 Rooms
- 3
- Unit 2 Appl/Equip
- Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
- Unit 2 Baths
- 1.0
- Unit 2 Bedrooms
- 1
- Unit 2 Handicap Modified
- No
- Unit 2 Levels
- 1
- Unit 2 Owner/Tenant Pays
- Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
- Unit 2 Room Description
- Bedrooms, Eat-In Kitchen, Living/Dining Room
- Unit 2 Rooms
- 3
- Unit 3 Appl/Equip
- Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
- Unit 3 Baths
- 1.0
- Unit 3 Bedrooms
- 2
- Unit 3 Handicap Modified
- No
- Unit 3 Levels
- 2
- Unit 3 Owner/Tenant Pays
- Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
- Unit 3 Room Description
- Bedrooms, Eat-In Kitchen, Living Room
- Unit 3 Rooms
- 4
- Unit 4 Appl/Equip
- Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
- Unit 4 Baths
- 1.0
- Unit 4 Bedrooms
- 2
- Unit 4 Handicap Modified
- No
- Unit 4 Levels
- 3
- Unit 4 Owner/Tenant Pays
- Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
- Unit 4 Room Description
- Bedrooms, Eat-In Kitchen, Living Room
- Unit 4 Rooms
- 4
- Unit #
- 4
- Unit Style
- 3-Three Story
- Water Heater
- Gas
Exterior Features
- Total Acres
- 0.06
- Parking/Driveway Description
- See Remarks
- Easement
- No
- Exclusions
- Tenant's belongings.
- Exterior Description
- Brick, Stucco
- Lot Description
- Level Lot
- Approximate Lot Size
- 24.10X100
- Color of Building
- Gray
- Roof Description
- Flat
- Services
- Cable TV Available
- Sewer
- Public Sewer
- Total # Units
- 4
- Utilities
- All Underground
- Water
- Public Water
- Construction Date/Year Built Des
- Unknown
- Zoning
- C-1