# 485 18Th Ave, Newark City, NJ 07103-1703 > **TL;DR:** other, $750,000. > A/C. Est. $4,011/mo. Listed 76 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $750,000 | | Lot Size | 1,742 sqft (0.04 acres) | | Property Type | Other (Other) | | Status | Active | | Days on Market | 76 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,792 | | Estimated Insurance | $219 | | **Total** | **$4,011** | ## Key Amenities - A/C ## Property Highlights - 0.04 acre lot ## Description ### Agent Description Mixed-use investment opportunity featuring five income-producing units. The street-level unit is currently configured and occupied as a 2-bedroom, 1-bath unit, with potential commercial use subject to applicable zoning, approvals, and permitted use. The second and third floors each contain two 1-bedroom, 1-bath apartments with living room and kitchen, for a total of four residential units. All units are currently month-to-month with a history of timely rent payments. Current monthly gross income is $5,600, totaling $67,200 annually. Reported annual operating expenses are $14,626, resulting in NOI of $52,574 and an estimated 6.58% cap rate based on the current asking price. Convenient Newark location with access to public transportation and major roadways. Rent roll and financial information available for review. OPEN TO CREATIVE FINANCING OPTIONS. All income, expenses, permitted uses and financial information to be independently verified by buyer. ## Location - **Address:** 485 18Th Ave, Newark City, NJ 07103-1703 - **County:** Essex - **Coordinates:** 40.73194, -74.20451 - **Google Maps:** https://www.google.com/maps?q=40.73194,-74.20451 ## Listing Agent - **Name:** PETER MORIELLO - **Brokerage:** Real Broker LLC - **Broker Phone:** 8554500442 ## Photos ![485 18Th Ave - Photo 1](http://lh.rdcpix.com/2f4a886e99681db8e1b6ca2e81d8cd94l-f1364555134r.jpg) ![485 18Th Ave - Photo 2](http://lh.rdcpix.com/2f4a886e99681db8e1b6ca2e81d8cd94l-f1704493418r.jpg) ![485 18Th Ave - Photo 3](http://lh.rdcpix.com/2f4a886e99681db8e1b6ca2e81d8cd94l-f1059391249r.jpg) ![485 18Th Ave - Photo 4](http://lh.rdcpix.com/2f4a886e99681db8e1b6ca2e81d8cd94l-f2949937963r.jpg) ![485 18Th Ave - Photo 5](http://lh.rdcpix.com/2f4a886e99681db8e1b6ca2e81d8cd94l-f763088525r.jpg) ![485 18Th Ave - Photo 6](http://lh.rdcpix.com/2f4a886e99681db8e1b6ca2e81d8cd94l-f714433519r.jpg) ![485 18Th Ave - Photo 7](http://lh.rdcpix.com/2f4a886e99681db8e1b6ca2e81d8cd94l-f4012008307r.jpg) ![485 18Th Ave - Photo 8](http://lh.rdcpix.com/2f4a886e99681db8e1b6ca2e81d8cd94l-f1381731203r.jpg) ![485 18Th Ave - Photo 9](http://lh.rdcpix.com/2f4a886e99681db8e1b6ca2e81d8cd94l-f4273124654r.jpg) --- **MLS#:** 4047292 | **Updated:** 2026-10-29 **Source:** listhub *Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/485-18th-ave-newark-city-nj-07103-1703-b958e020e1d64788bc4a96df19fa3e84) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/485-18th-ave-newark-city-nj-07103-1703-b958e020e1d64788bc4a96df19fa3e84#listing", "url": "https://staging.propertysimple.ai/listing/485-18th-ave-newark-city-nj-07103-1703-b958e020e1d64788bc4a96df19fa3e84", "name": "485 18Th Ave, Newark City, NJ 07103-1703", "description": "Mixed-use investment opportunity featuring five income-producing units. The street-level unit is currently configured and occupied as a 2-bedroom, 1-bath unit, with potential commercial use subject to applicable zoning, approvals, and permitted use. 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