431 Kerrigan Blvd, Newark, NJ 07040
Local realty services provided by:CENTURY 21 JRS Realty
431 Kerrigan Blvd,Newark City, NJ 07040
$800,000
- 8 Beds
- 4 Baths
- 6,300 sq. ft.
- Multi-family
- Active
Listed by: marvin williams
Office: coldwell banker realty973-378-8300
MLS#:4063156
Source:NJ_GSMLS
Price summary
- Price:$800,000
- Price per sq. ft.:$126.98
About this home
Well-maintained fully "Brick 4-family investment property in sought-after Upper Ivy Hill of Newark offering approximately 6,300 sq. ft The first-floor units each consist of 1 Br, while the second-floor units each feature 2 Brs, providing a current configuration of 6 Brs and 4 Bths. However, with the exceptionally spacious floor plan, both first-floor units offer the potential to accommodate a second Br, increasing the property to a possible 8-Br, 4-Bth configuration. The potential annual rental income for this property is $96,000, with annual taxes amounting to $10,227. This results in a net annual income of $85,773 before utilities and debt servicing charges. Property has hardwood floors throughout and comes with newer roofing, furnace and windows. Basement is full size, standing height, partially finished with unlimited potential. This is a commuter's delight, walking distance to NYC express 107 bus, 5 minute drive to NYC train station, 15 minutes from Newark Liberty Airport, and close to major highways and shopping malls...
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Home facts
- Year built:1930
- Subdivision & Development:Upper Vailsburg
- Listing ID #:4063156
- Added:1 day(s) ago
- Updated:November 06, 2026 at 11:40 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:16
- Basement Description:Basement, Finished-Partially, Full, Walkout
- Living area:6,300 sq. ft.
Heating and cooling
- Heating:4+ Units, Radiators - Hot Water
Structure and exterior
- Roof:Asphalt Shingle, Flat
- Year built:1930
- Building area:6,300 sq. ft.
- Lot area:0.16 Acres
- Lot Features:Irregular Lot, Level Lot
- Architectural Style:2-Two Story, Fourplex
- Construction Materials:Brick
- Exterior Features:Curbs, Sidewalk
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$800,000
- Price per sq. ft.:$126.98
- Tax amount:$10,277 (2025)
Features and amenities
- Amenities:Carbon Monoxide Detector, Fire Extinguisher, Gas-Natural, Smoke Detector, Wood Floors
Parking
- Parking description:Additional Parking, Blacktop Driveway, Detached Garage, Off-Street Parking
- Garage spaces:3
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