87 2nd St
Newark City, NJ 07107
Price: $675,000
GSMLS: 4053821Type: Multi-Family
Style: 3-Three Story
Total Units: 2
Beds: 8
Baths: 3 Full
Garage: No
Year Built: Unknown
Acres: 0.06
Property Tax: $5,702
Description
Super Low Taxes and Seller's Concessions, in this Turnkey multi-family in the heart of Lower Roseville, one of Newark's most convenient and steadily appreciating neighborhoods minutes to Broad Street Station, major highways (Routes 280/21), and Newark's growing retail and dining corridor.First Floor: Fully ready to rent 3 bedrooms, 1 bath. new kitchen, updated bath, fresh flooring, paint, and fixtures throughout. Move-in ready with strong rental income potential. Second & Third Floors: A spacious 5-bedroom, 2-bath duplex unit spanning both levels ideal for a large family or high-demand rental. Generous room sizes, great natural light, and flexible layout, with excellent income potential of its own. Two units, one great opportunity a compelling cash-flow play for investors, or a smart move for an owner-occupant who wants to live in one unit and let the other help offset the mortgage. Whether you're an investor seeking cash flow in an appreciating Newark submarket, or looking to reduce housing costs while building equity, this hous delivers flexibility, renovated quality, and location all in one property. Don't miss this rare two-unit offering in Lower Roseville. Schedule your showing today!
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
13
Basement:
Yes - Unfinished
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
None
Parking:
None, On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
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:
5
Bathrooms:
2
Total Rooms:
8
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, 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:
Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas In Street
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:
$675,000
Tax Amount:
$5,702
Land Assessment:
$20,200
Build. Assessment:
$122,400
Total Assessment:
$142,600
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4053821
List Date:
09-18-2026
Days On Market:
36
Listing Broker:
JERSEY BLUE ESTATES LLC
Listing Agent:
Cherise Raymond
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: TownsquareVillageLiving.com
