Property

Newark City, NJ 07107 232 2nd St

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Presented By: VILLAGE SQUARE REALTORS
  • MLS# 4023520
  • 04/27/2026
  • Request Tour
  • Request Info
  • Beds • 9
  • Baths • 3
  • Garage • 2

Home Details

This spacious 3-family property in Newark offers a rare opportunity for both comfortable living and smart investing. Featuring a total of 9 bedrooms and 3 bathrooms, each unit provides generous layouts ideal for owner-occupants seeking space while generating rental income. The property includes a hard-to-find industrial-style 2-car garage perfect for personal use, storage, or additional income along with a 2-car driveway, giving you and your tenants the convenience of off-street parking. Located just minutes from the train station and light rail, commuting to NYC and surrounding areas is quick and easy, making it highly attractive for tenants. Whether you're looking to offset your monthly expenses or build long-term wealth, this property offers strong income potential and a favorable cap rate. Newark's continued growth and rental demand make this an excellent opportunity to own while investing in your future. Don't miss your chance to secure a multi-family home that works for you! Property is being sold "AS IS."
Presented By: VILLAGE SQUARE REALTORS

Interior Features for 232 2nd St

Bedrooms

Total Bedrooms9
Unit 1 Beds Total3
Unit 2 Beds Total3
Unit 3 Beds Total3

Bathrooms

Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 1 Levels1
Unit 2 Levels2
Unit 3 Levels3
UnitType1TotalRent0
UnitType2TotalRent0
UnitType3TotalRent0
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector, Stackable Washer/Dryer
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector, Stackable Washer/Dryer
Unit 3 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
BasementUnfinished
Fuel TypeGas-Natural
Interior AmenitiesCarbon Monoxide Detector, Smoke Detector, Wood Floors

Other Rooms

Unit 2 Rooms6
Unit 1 Rooms6
Unit 3 Rooms5
Unit 3 Room DescriptionBedrooms, Kitchen, Living Room
Unit 1 Room DescriptionBedrooms, Kitchen, Laundry Room, Living Room
Unit 2 Room DescriptionBedrooms, Kitchen, Laundry Room, Living Room

General for 232 2nd St

Architectural Style3-Three Story
Cooling1 Unit
CountyEssex
DirectionsROUTE. 280 E, TO 1ST STREET. EXIT. TURN LEFT AT 1ST LIGHT. PASS NEXT LIGHT AND ONE BLOCK. ROAD VEERS LEFT TO 2ND STREET.
Drive1 Car Width
EasementNo
ExclusionsWasher and Dryer on 1st. floor.
Full Baths3
GarageDetached Garage
Garage Spaces2
Gross Income
Heating3 Units
Net Operating Income
Number Of Units Total3
Open Parking Spaces2
Operating Expense
PossessionAs soon as pos
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount10529
Tax Assessed Value263300
Tax Lot25.01
Tax Year2025
Total Rooms17
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Water HeaterGas
Year Built1900
ZoningResidential

Exterior for 232 2nd St

Exterior AmenitiesMetal Fence, Open Porch(es)
Exterior DescriptionVinyl Siding
Lot Dimensions37.50 X 100
Lot FeaturesLevel Lot
Lot Size Acres0.09
Water SourcePublic Water

Additional Details

Price History

Charles Torres

Owner
Price $789,999
MLS#4023520
List Date 04/27/2026
Property Type Multi-Family
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