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About This Home
This 9-bedroom, 3-bathroom residential multi family at 420 18Th Ave in Newark City, NJ is listed for $970,000 ($237 per sqft). Built in 2024, the home offers 4,085 sqft of living space on a 0.07 acres lot.
Opportunity to own a multi-family property with strong value-add potential in Newark. The property features 9 bedrooms, 3 bathrooms, and a full basement, with existing plans for a potential 3-family conversion (buyer to verify all approvals and zoning).
The ground floor space offers flexibility for possible residential conversion or garage use. The property is being sold as-is and requires renovation. Notable conditions include missing tiles in the first-floor bathroom, and on the third floor, a hole in the exterior trim, a hole in the wall, discoloration under the living room window, a missing bedroom wall, and prior ceiling discoloration in the living room. Buyer is responsible for all inspections, certifications, and approvals.
Key Features
- Built in 2024
- 0.07 acre lot
Property Details
Amenities
Monthly Cost Estimate
$5,188/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
420 18Th Ave
Newark City, NJ 07108-1633
Property Details
Construction
Heating
Cooling
Questions & Answers
This 9-bedroom, 3-bathroom residential multi family at 420 18Th Ave is listed at $970,000 ($237/sqft). The estimated monthly payment is $4,203 based on 20% down at 6.5% interest.
Key features include: Built in 2024, 0.07 acre lot.
This property is listed by LUIS CRUZ and can be reached at 9736867777 or lcruz@genidgroup.com.
