564 Broadway, Newark City, NJ

$865,000

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7

Beds

4

Baths

0.07

Acres

About 564 Broadway

GREAT INVESTMENT OPPORTUNITY!! WELL MAINTAINED/ GOOD CONDITION FOUR FAMILY LOCATED IN THE CENTER OF NORTH NEWARK. Fully occupied and generating $5,575/month in rental income. Low property taxes make this an excellent investment opportunity. Units feature hardwood floors, high ceilings, a Huge living room/dining room, and are in good condition. Owner pays heat for Units 2,3, and 4 (avg. $200/month). Unit 1 has central A/C installed less than 5 years ago. Annual insurance $4,300. Strong cash flow with stable tenants in place. Convenient North Ward location near schools, shops, and transportation.

Features of 564 Broadway

MLS® # 3986683
Price $865,000
Bedrooms 7
Bathrooms 4.00
Full Baths 4
Acres 0.07
Year Built 1920
Type Multi Family
Style SeeRem
Status Active

Community Information

Address 564 Broadway
City Newark City
County Essex
State NJ
Zip Code 07104-4131

Amenities

Utilities See Remarks
Parking None

Interior

Heating Gas-Natural
Has Basement Yes
Basement Finished

Exterior

Exterior Vinyl Siding
Roof Asphalt Shingle

Additional Information

Date Listed September 12th, 2025
Days on Market 44

Listing Details

OfficeC-21 SEMIAO & ASSOCIATES
Contact Info201-991-1300

Listing Map

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