Property
Newark City, NJ 07103 487 S 17th St
$599,000
OPEN HOUSE Sun, Sep 21 2025 3:00 PM - 4:30 PM
10 more
Presented By: LIVX; 973-563-2174
Beds • 6
Baths • 3
SQFT • 3,020
Home Details
Well-maintained 2-Family generating strong rental income. First Floor: 3BR/1BA. Second Floor: 3BR/2BA with Balcony. Each unit has separate utilities. Income potential: $5,200/month ($2,600 each). Low annual taxes of $4,875 support cash flow. Recent updates ensure minimal maintenance, while the functional layouts appeal to long-term renters. Situated in a high-demand rental area near transit, shopping, and major highways, this Prime Newark property offers immediate returns plus strong appreciation potential. Schedule your showing now before it's gone!
Presented By: LIVX; 973-563-2174
Interior Features for 487 S 17th St
Bedrooms
Total Bedrooms6
Unit 1 Beds Total3
Unit 2 Beds Total3
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total2.0
Other Interior Features
Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 1 Levels1
Unit 2 Levels1
UnitType1TotalRent2250
UnitType2TotalRent2250
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
BasementUnfinished
Fuel TypeGas-Natural
Interior AmenitiesSee Remarks
Other Rooms
Unit 2 Rooms5
Unit 1 Rooms6
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Living/Dining Room, Porch, Master Bedroom, See Remarks
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Living/Dining Room, Porch, Master Bedroom, See Remarks
General for 487 S 17th St
Architectural Style2-Two Story
Cooling2 Units
CountyEssex
DirectionsUse GPS
DriveOff-Street Parking
EasementNo
Elementary SchoolCAMDEN ST
ExclusionsPersonal Items
Full Baths3
GarageOn-Street Parking
Garage Spaces
Gross Income54000
Heating2 Units, Forced Hot Air
High SchoolWEST SIDE
Middle/Junior High SchoolWEST SIDE
Net Operating Income
Number Of Units Total2
Open Parking Spaces0
Operating Expense0
PossessionAt Closing
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount4875
Tax Assessed Value128200
Tax Lot55
Tax Year2024
Total Rooms12
Town #1614
TownshipNewark City
UtilitiesElectric, Gas-Natural
Year Built1916
Exterior for 487 S 17th St
Building Area Total3020
Exterior AmenitiesSee Remarks
Exterior DescriptionVinyl Siding
Lot Dimensions25x100
Lot Size Acres0.06
Water SourcePublic Water
Additional Details
Price History
Schools
High School
West Side High School
Middle School
West Side Middle School
Elementary School
Camden St Elementary School
Tina Torres
Broker/Owner