NJ > Newark City
Newark City, NJ 07102,587 Dr Martin Luther King J
Newark City, NJ 07102,587 Dr Martin Luther King J
Newark City, NJ 07102,587 Dr Martin Luther King J
Newark City, NJ 07102,587 Dr Martin Luther King J
Newark City, NJ 07102,587 Dr Martin Luther King J
Newark City, NJ 07102,587 Dr Martin Luther King J
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Christina Dominguez

Christina Dominguez

+1(201) 280-6507
$ 615,000
Est. payment | /mo

3 Beds

3 Baths

1,742 Sqft Lot

Save
$ 615,000
Est. payment | /mo
Save

3 Beds

3 Baths

1,742 Sqft Lot

Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 3946297

Style 3-Three Story

Bedrooms 3

Full Baths 3

Annual Tax Amount $5,750

Tax Year 2024

Lot Size 1,742 Sqft

Property Description

This legal three-family property is a rare find in the heart of downtown Newark, a rapidly growing area experiencing a major development boom. Live in one unit and rent out the others for steady rental income while building equity in a thriving community. Surrounded by extensive redevelopment, this property offers unlimited potential in a prime location. Just minutes from the Prudential Center, premier shopping, top-rated restaurants, and both public and charter schools, it provides unmatched convenience. With easy access to Newark Penn Station, major highways, public transit, and Newark Airport, commuting is effortless. Be part of the New Newark renaissance and stake your claim in this dynamic neighborhood. Close to schools, colleges, hospitals, and a bustling downtown scene, this is a unique chance to invest in a high-demand location. Opportunity is knocking answer it today!

Location

State NJ

County Essex

Rooms

Basement Unfinished

Interior

Heating Gas-Natural

Cooling Wall A/C Unit(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Stone

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by TWRG REALTY GROUP
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(201) 280-6507

christina.dominguez@cbrealty.com

242 Bellevue Ave, Upper Montclair, New Jersey, 07043, USA

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587 Dr Martin Luther King J