564 Broadway
Newark City, NJ 07104
Price: $865,000
GSMLS: 3986683Type: Multi-Family
Style: See Remarks
Total Units: 4
Beds: 7
Baths: 4 Full
Garage: No
Year Built: 1920
Acres: 0.07
Property Tax: $6,514
Description
Great Investment Opportunity!! Well Maintained/ Good Condition Four Family Located In The Center Of North Newark. Fully Occupied And Generating $5,575/month In Rental Income. Low Property Taxes Make This An Excellent Investment Opportunity. Units Feature Hardwood Floors, High Ceilings, A Huge Living Room/dining Room, And Are In Good Condition. Owner Pays Heat For Units 2,3, And 4 (avg. $200/month). Unit 1 Has Central A/c Installed Less Than 5 Years Ago. Annual Insurance $4,300. Strong Cash Flow With Stable Tenants In Place. Convenient North Ward Location Near Schools, Shops, And Transportation.
General Info
Style:
See Remarks
SqFt Building:
n/a
Total Rooms:
17
Basement:
Yes - Finished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
27.3X104.6
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
None
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Kitchen Exhaust Fan, Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living/Dining Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Kitchen Exhaust Fan, Range/Oven - Gas
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Kitchen Exhaust Fan, Range/Oven - Gas
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 4
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
4
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Kitchen Exhaust Fan, Range/Oven - Gas
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Utilities
Heating:
2 Units, Forced Hot Air, Radiators - Hot Water
Heating Fuel:
Gas-Natural
Cooling:
1 Unit, Central Air, Wall A/C Unit(s), Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
See Remarks
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$865,000
Tax Amount:
$6,514
Land Assessment:
$23,700
Build. Assessment:
$147,600
Total Assessment:
$171,300
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3986683
List Date:
09-12-2025
Days On Market:
0
Listing Broker:
C-21 SEMIAO & ASSOCIATES
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MeadowsRoxbury.com
