11 Cottage St, Newark City, NJ 07102
11 Cottage St, Newark City, NJ 07102
11 Cottage St, Newark City, NJ 07102
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Patrice Penda

Patrice Penda

+1(201) 907-2791
$1,100,000
Est. payment /mo
10 Beds
5 Baths
3,049 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4057867

Style 3-Three Story

Bedrooms 10

Full Baths 5

Year Built 1900

Annual Tax Amount $12,908

Tax Year 2025

Lot Size 3,049 Sqft

Property Description

Fantastic four-family investment opportunity in a convenient Downtown Newark location. This well-positioned multifamily property features two spacious 4-bedroom apartments and two 1-bedroom apartments, with one unit currently vacant and three units occupied, offering an investor immediate rental income with additional upside. The property also includes a semi-finished basement and private backyard, providing valuable additional space.Ideal for investors looking to expand their rental portfolio or owner-occupants seeking to live in one unit while generating rental income from the others. Conveniently located near public transportation, shopping, dining, schools, and major Newark amenities, with easy access to Newark's downtown transportation network and commuter connections. A strong opportunity for both seasoned investors and buyers looking to add a multifamily property to their portfolio.

Location

State NJ

County Essex

Rooms

Basement Finished-Partially, Full

Interior

Heating Gas-Natural

Cooling 4+ Units, Ductless Split AC

Heat Source Gas-Natural

Exterior

Exterior Feature Brick

Parking Features None

Utilities Available Electric, Gas-Natural

Roof Type Flat

Garage Yes

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

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Patrice Penda

Patrice Penda

+1(201) 907-2791

REALTOR® License ID: 2187041

REALTOR® License ID: 2187041

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