Property
Newark, NJ 07102 587 Dr Martin Luther Kng
$630,000
Pending
4 more
Presented By: Moshe Wigder with TWRG Realty Group/The World Realty Group - (908) 355-1717
Beds • 6
Baths • 3
Home Details
This legal three-family property is a rare find in the heart of downtown Newark and a prime investment opportunity in a rapidly growing area. Live in one unit and rent out the others for steady income while building equity. The property features three units plus a basement with a walk-out to the street, ready to be finished for added value. Enjoy low taxes and a location surrounded by major redevelopment, just minutes from the Prudential Center, top restaurants, shopping, schools, Newark Penn Station, colleges, hospitals, and a vibrant downtown. There's also easy access to major highways, public transit, and Newark Airport. This is your chance to join the New Newark renaissance. Act now!
Presented By: Moshe Wigder with TWRG Realty Group/The World Realty Group - (908) 355-1717
Interior Features for 587 Dr Martin Luther Kng
Bedrooms
Total Bedrooms6
Bathrooms
Total Baths3
Other Interior Features
Heating Y/NNo
Laundry FeaturesIn Basement
General for 587 Dr Martin Luther Kng
Architectural Style3 Family
CityNewark
CountyESSEX
DisclosuresSeller's Agent
Full Baths3
HOANo
Lease Considered Y/NNo
MLS Area Minor400
ModificationTimestamp2025-06-30T00:46:27.1+00:00
Property Type2-4 Family
RoomsNone
Standard StatusPending
StatusUnder Contract - Under Contract
Tax Annual Amount5750.0
Total Rooms14
UtilitiesElectricity Connected, Natural Gas Connected
Year Built Details1970's, Build Prior to 1978
Additional Details
Price History
Aneesa Pinheiro
Associate