Newark, NJ 07103 420 S 18th Street

Opportunity to own a fixer-upper with strong value-add potential in Essex County. This multi-family property offers approximately 3,348 sq ft of living space, featuring 9 bedrooms, 3 bathrooms, and a full basement. Built in 1905, the property includes existing plans for a potential 3-family conversion (buyer to verify all approvals and zoning). The ground floor commercial space provides flexibility for possible residential conversion or garage use. Perfect for an owner-occupant live in one unit and rent the others with low down payment options potentially available for qualified buyers. The property also presents strong rental income potential. The seller, a licensed contractor, is available to complete the build-out at an additional cost. Property is being sold as-is and requires renovation. Notable conditions include missing tiles in the first-floor bathroom. The third floor shows a hole in the exterior trim, a hole in the wall, discoloration under the living room window, a missing bedroom wall, and prior ceiling discoloration in the living room. Ideal for investors or end-users looking to customize and maximize value.