Newark City, NJ 07114,56 Vanderpool St
Newark City, NJ 07114,56 Vanderpool St
2
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$749,999
Est. payment /mo
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11 Beds
4 Baths
2,613 Sqft Lot
New

56 Vanderpool St Newark City, NJ 07114

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Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4007330

Style 3-Three Story

Bedrooms 11

Full Baths 4

Year Built 1950

Annual Tax Amount $10,336

Tax Year 2024

Lot Size 2,613 Sqft

Property Description

Excellent opportunity to own a well-located 3-family property just minutes from Downtown Newark. The building features three spacious apartments, each offering 3 bedrooms with strong layouts and solid tenant appeal. Currently generating approximately $7,000/month in rental income, this property provides immediate cash flow with significant upside potential through rent optimization or light value-add improvements. Ideal for investors seeking stable passive income in a high-demand rental market with close proximity to transportation, employment hubs, and city amenities.

Location

State NJ

County Essex

Rooms

Basement Full, Unfinished

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Stone, Vinyl Siding

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No


Garden State MLS(GSMLS)
Listed by KELLER WILLIAMS PARK VIEWS

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Greg Dwornikowski

Greg Dwornikowski

Agent | License ID: RS328262

+1(215) 534-7347

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56 Vanderpool St