Property

Newark, NJ 07103 83 Jay Street

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Presented By: Jorge Velasquez with RE/MAX Professionals 1 - 973-450-4000
  • MLS# 26002750
  • 01/30/2026
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Home Details

Excellent multifamily investment opportunity in Newark, NJ! Located at 83 Jay Street, this 6-unit income-producing property features six (6) 1-bedroom, 1-bathroom apartments, a highly desirable unit mix with strong rental demand. The building includes one detached garage, offering additional income potential. All units are equipped with baseboard heating for efficient and reliable tenant comfort. Situated in an established residential area with convenient access to public transportation, major highways, shopping, and employment centers. Ideal for investors seeking steady cash flow, long-term appreciation, and a buy-and-hold asset in a growing Newark rental market. Great opportunity to expand your multifamily real estate portfolio with a solid income property.
Presented By: Jorge Velasquez with RE/MAX Professionals 1 - 973-450-4000

Interior Features for 83 Jay Street

Other Interior Features

Heating Y/NNo

General for 83 Jay Street

CityNewark
CoolingElectric
CountyESSEX
HOANo
HeatingBaseboard, Electric
Lease Considered Y/NNo
MLS Area Minor400
OwnershipCorporate
Property Sub Type AdditionalOther
Property SubtypeIndustrial
Property TypeCommercial Sale/Lease
RoomsNone
Standard StatusActive
StatusActive - Active
Tax Annual Amount10077.0
UtilitiesSep Elec, Sep Gas
Waterfront FeaturesNone

Exterior for 83 Jay Street

InclusionsNone

Additional Details

Price History

Brian Lee

Associate
Price $699,900
MLS#26002750
List Date 01/30/2026
Property Type Commercial
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