113 N Munn Ave, Newark City NJ 07106-1368

Property City
Newark City
Property Price
$550,000
Bedrooms
7
Year Built
1905
Tax Annual Amount
$5786
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.09
MLS Status
Active
MLS #
4042164

Exceptional investment opportunity in the desirable Lower Vailsburg neighborhood of Newark, NJ. This newly renovated 2-unit multifamily offers 7 bedrooms and 4 bathrooms sitting on a generous 38x105 lot with 5 parking spaces, a rare find in this market. Both units are currently occupied and generating strong rental income making this a true turnkey addition to any investment portfolio. Perfect for the seasoned investor seeking immediate cash flow or an owner-occupant looking to offset their mortgage with rental income. Thoughtfully renovated throughout with modern finishes requiring minimal capital expenditure allowing you to collect from day one. Located minutes from Seton Hall University, Vailsburg Park, major highways, and NJ Transit for seamless access to NYC. Opportunities like this do not last. Schedule your showing today.

Yearly Tax Rate
3.999
Year Built (*numeric)
1905
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
2 Units, See Remarks
Heating
2 Units
Lot Size Dimensions
38X105.7
Property Location

40.74867, -74.21587

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Units: Miles
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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762