372 6th Ave, Newark City, NJ

$999,999

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999

Square feet

0.11

Acres

About 372 6th Ave

This prime six-unit opportunity has a 6.5% Cap Rate located in a high growth development zone. A true turn-key investment with lots of room for upsize with 50% of the units being leased below market values. Don't miss the chance to invest in a strategic asset within one of the city's most promising growth markets and has a strong rental history. Each unit features spacious layouts, modern amenities and strong tenant demand; ideal for both seasoned and new investors looking to grow their real estate portfolio.

Features of 372 6th Ave

MLS® # 3970956
Price $999,999
Square Footage 999
Acres 0.11
Year Built 1900
Type Commercial
Status Active

Community Information

Address 372 6th Ave
City Newark City
County Essex
State NJ
Zip Code 07107-1127

Amenities

Utilities Electric, Gas In Street, All Underground
Parking See Remarks

Interior

Heating Electric, Gas-Natural
# of Stories 3
Has Basement Yes
Basement Full

Exterior

Exterior Brick
Lot Description Level Lot
Roof Asphalt Shingle, Flat

Additional Information

Date Listed June 21st, 2025
Days on Market 127
Zoning Com

Listing Details

OfficeCOMPASS NEW JERSEY, LLC
Contact Info718-866-8115

Listing Map

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