137 Palm St, Newark City, NJ 07106
137 Palm St, Newark City, NJ 07106
137 Palm St, Newark City, NJ 07106
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$500,000
Est. payment /mo
5 Beds
2 Baths
3,484 Sqft Lot
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Open House

Sat Jun 06, 12:00pm - 2:00pm

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Key Details

Property Type Multi-Family, Commercial

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID 4031996

Style 2-Two Story

Bedrooms 5

Full Baths 2

Year Built 1910

Annual Tax Amount $4,950

Tax Year 2025

Lot Size 3,484 Sqft

Property Description

Don't miss this two-family income-producing property in the heart of Newark! Sitting on a generous 35x100 lot, this 5-bedroom, 2-bath home features two separately metered units ideal for maximizing rental returns or living in one unit while your tenant covers the mortgage. Both units offer updated kitchens with stainless steel appliances and gas ranges, tiled bathrooms with tub/shower combos, and a mix of hardwood and updated flooring throughout. The partially finished basement adds extra utility space, complete with laundry. A private driveway rounds out this turnkey investment opportunity.

Location

State NJ

County Essex

Rooms

Basement Partial

Interior

Heating Gas-Natural

Cooling Ceiling Fan, Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Brick, Vinyl Siding

Utilities Available See Remarks

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Others

Senior Community No


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Garden State MLS(GSMLS)
Listed by THE REAL ESTATE COMPANY

NEARBY SCHOOLS & PROPERTIES

Jason Freeby

Jason Freeby

Broker

+1(908) 443-1405

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137 Palm St