Property

Newark City, NJ 07104 65 Stone St

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Presented By: KELLER WILLIAMS CITY VIEWS REALTY
  • MLS# 4020475
  • 04/14/2026
  • Request Tour
  • Request Info
  • Beds • 7
  • Baths • 2

Home Details

Turnkey 2-Unit Cash-Flowing Investment Newark, NJ Fully occupied multi-family generating immediate income from day one or move into one unit and let the rental income from the other dramatically offset your housing costs. Either way, this property is ready to perform.Unit Mix:First Floor 3 Bed / 1 Bath with Long-term tenants in placeSecond Floor 4 Bed / 1 Bath Long Term Tenants In PlaceBoth units benefit from a blend of housing-assisted and market tenants, providing a diversified income stream with reliable, on-time rent collection. Tenants pay their own electric and gas owner responsibility is limited to water/sewer only.Recent Capital Improvements Already Done:New roof New Separate HVAC system New sewer lineThis is a low-turnover, professionally managed asset with a proven rental history. Whether you're building a portfolio or looking for a stable first investment, this property is structured to perform from closing day forward. Investor-friendly in every sense. Very easy to show.Selling as-is, fully occupied. Rent roll and financials available to qualified buyers upon request.
Presented By: KELLER WILLIAMS CITY VIEWS REALTY

Interior Features for 65 Stone St

Bedrooms

Total Bedrooms7
Unit 1 Beds Total3
Unit 2 Beds Total4

Bathrooms

Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft960
Unit 2 Sq Ft1000
Unit 1 Levels1
Unit 2 Levels1
UnitType1TotalRent1670
UnitType2TotalRent1595
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbMDet, CookGas, RgOvGas, Refrig, SmokeDet
Unit 2 Appl/EquipCarbMDet, CookGas, RgOvGas, SmokeDet
BasementFull, Unfinished
Fuel TypeGas-Natural
Interior AmenitiesCarbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Other Rooms

Unit 2 Rooms6
Unit 1 Rooms6
Unit 1 Room DescriptionDining Room, Eat-In Kitchen, Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Dining Room, Eat-In Kitchen

General for 65 Stone St

Architectural Style2-Two Story
CoolingCentral Air
CountyEssex
DirectionsI-280 to Orange St exit S 13th St Stone St.Tenant occupied. Access by appointment only. Property manager will provide access.
DriveOn-Street Parking
EasementNo
Full Baths2
Garage Spaces
Gross Income3265
HeatingForced Hot Air
Net Operating Income2313
Number Of Units Total2
Open Parking Spaces
Operating Expense952
Possession0-30
RoofAsphalt Shingle, Flat
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount6034
Tax Assessed Value150900
Tax Lot6
Tax Year2025
Total Rooms11
Town #1614
TownshipNewark City
UtilitiesSee Remarks
Year Built2021

Exterior for 65 Stone St

Exterior AmenitiesSee Remarks
Exterior DescriptionBrick, Vinyl Siding
Lot Dimensions25X104
Lot Size Acres0.06
Water SourcePublic Water

Additional Details

Price History

Tina Torres

Broker/Owner
Price $499,000
MLS#4020475
List Date 04/14/2026
Property Type Multi-Family
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