32 Martin Luther King Jr B, Newark, NJ 07104
Local realty services provided by:CENTURY 21 Crest Real Estate, Inc.
32 Martin Luther King Jr B,Newark City, NJ 07104
$875,000
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: luiz bento
Office: xentry property group llc.201-730-2000
MLS#:4031549
Source:NJ_GSMLS
Price summary
- Price:$875,000
About this home
Excellent investment opportunity in Newark's desirable 07104 area! This 3-family property offers strong income potential and additional living space with a finished bonus basement. Unit 1 features 2 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. Units 2 and 3 each offer 3 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. The finished basement includes 2 bedrooms, a living room, and a semi-kitchen setup, providing flexible use options. Property requires TLC and presents an ideal value-add opportunity for investors or owner-occupants looking to renovate and maximize returns. Property may be delivered vacant, allowing the next owner to complete modern updates and achieve market rents. Conveniently located near transportation, shopping, schools, and major highways. Being sold as-is. Buyers responsible for conducting their own due diligence regarding legal use and municipal requirements.
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Home facts
- Year built:1882
- Listing ID #:4031549
- Added:17 day(s) ago
- Updated:June 20, 2026 at 02:11 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:20
- Basement Description:Basement, Finished, Full
Heating and cooling
- Cooling:Wall A/C Unit(s)
- Heating:3 Units
Structure and exterior
- Year built:1882
- Lot area:0.06 Acres
- Architectural Style:3-Three Story
- Construction Materials:Aluminum Siding
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$875,000
- Tax amount:$6,782 (2025)
Features and amenities
- Amenities:Gas-Natural
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