For Sale Multi-Family MLS# 4033681

13 May St

Newark City, NJ 07104

$850,000

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About 13 May St

Rare investment opportunity in North Newark offering offering an attractive 7%+ cap rate with strong upside potential. Fully occupied property featuring a unique side-by-side layout with two spacious 3 story units, each offering 5 bedrooms, multiple bathrooms, and large living areas. Additional income potential with 4 detached garage/storage units, a large finished basement with separate entrance, and a central laundry room. Property includes separate heating systems for each unit and a private driveway leading to a 4-car garage. Conveniently located near NYC transportation, major highways, schools, shopping, and public transit. Ideal for investors seeking stable cash flow with value-add potential.

Property details

Property

Type
multi
Year built
1899
Lot
0.12 ac
List date
Jun 10, 2026

Schools

District
Newark City School District

Location

Subdivision
North Broadway
Neighborhood
North Broadway

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Listed by EXP REALTY, LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.