13-15 May St, Newark, NJ 07104

Newark
Local realty services provided by:Better Homes and Gardens Real Estate Elite
13-15 May St,Newark City, NJ 07104
$850,000
  • 10 Beds
  • 7 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: peter boutros
Office: exp realty, llc.866-201-6210
MLS#:4033681
Source:NJ_GSMLS

Price summary

  • Price:$850,000

About this home

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.

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Home facts

  • Year built:1899
  • Listing ID #:4033681
  • Added:141 day(s) ago
  • Updated:October 30, 2026 at 02:35 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:7
  • Full bathrooms:7
  • Rooms Total:17
  • Basement Description:Basement, Finished-Partially

Heating and cooling

  • Cooling:Wall A/C Unit(s)
  • Heating:2 Units, Radiators - Steam

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1899
  • Lot area:0.12 Acres
  • Architectural Style:3-Three Story
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$850,000
  • Tax amount:$10,901 (2025)

Features and amenities

  • Amenities:All Utilities Underground

Parking

  • Parking description:Additional Parking, Blacktop Driveway, Detached Garage, Driveway-Exclusive, Off-Street Parking, On-Street Parking
  • Garage spaces:4
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated October 30, 2026

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