Under Contract Multi-Family MLS# 4033689

51 Myrtle Ave 3

Newark City, NJ 07107

$775,000

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About 51 Myrtle Ave 3

Discover a rare, investment opportunity that blends modern updates with consistent cash flow. This renovated three-family home offers a "set it and forget it" appeal for seasoned investors or an ideal situation for a savvy house-hacker looking to offset their mortgage. Benefit from peace of mind with significant renovations completed within the last few years. The heavy lifting has been done for you. The property is currently occupied with reliable tenants. While the property provides steady income, two units are currently on month-to-month leases, offering the new owner maximum flexibility for market-rent adjustments or owner-occupancy.Situated in a vibrant Newark neighborhood, the home is conveniently located near public transportation, local shopping, and essential services. This is urban living at its most practical, catering to a high-demand rental market.

Property details

Property

Type
multi
Year built
1952
Lot
0.05 ac
List date
Jun 10, 2026

Schools

District
Newark City School District

Location

Subdivision
Lower Roseville
Neighborhood
Roseville

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Listed by PROMINENT PROPERTIES SIR

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.