13-15 May Street, Newark, NJ 07104
Local realty services provided by:CENTURY 21 Awaye Realty
Listed by: francis a shearon
Office: robert defalco realty, inc.
MLS#:2602220
Source:NY_SIBOR
Price summary
- Price:$898,000
- Price per sq. ft.:$262.57
About this home
Rare investment opportunity in North Newark offering a 7 pct cap rate with strong upside potential. Only 30 minutes from Staten Island. Fully occupied property featuring a unique side-by-side layout with two spacious 3 story units, each offering 5 bedrooms, multiple bathrooms, and large living areas. Additional income potential with 4 detached garage/storage units, a large finished basement with separate entrance, and a central laundry room. Property includes separate heating systems for each unit and a private driveway leading to a 4-car garage. Conveniently located near NYC transportation, major highways, schools, shopping, and public transit. Ideal for investors seeking stable cash flow with value-add potential. This is an investment property and will not be delivered vacant!!
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Home facts
- Year built:1899
- Listing ID #:2602220
- Added:30 day(s) ago
- Updated:May 29, 2026 at 02:52 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:7
- Full bathrooms:6
- Basement Description:Full
- Living area:3,420 sq. ft.
Heating and cooling
- Heating:Hot Water, Natural Gas
Structure and exterior
- Year built:1899
- Building area:3,420 sq. ft.
- Lot area:0.12 Acres
- Construction Materials:Vinyl Siding
Finances and disclosures
- Price:$898,000
- Price per sq. ft.:$262.57
- Tax amount:$10,901
Parking
- Garage:Yes
- Garage spaces:2
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