661 S 18th St - Apartments FOR SALE


Newark, NJ 07103- West Side
$899,900 USD
267-763-7052
661 S 18th St, Newark, NJ for Sale
$899,900 USD
Apartments - FOR SALE
1/45
null | Request Cap Rate

661 S 18th St
Newark, NJ 07103
West Side


OVERVIEW

Mixed-use investment opportunity featuring a well-located property comprised of four residential units and a ground-floor commercial space. The commercial unit is currently occupied by a convenience store, providing steady income, while one of the four residential apartments is leased with additional upside through lease-up of the remaining units. The property also includes a detached garage and private driveway, offering valuable off-street parking for tenants or additional rental potential. Ideal for investors seeking a value-add opportunity with existing income and strong future cash flow potential. Lease income details available upon request. Property is being sold in strictly “as-is, where-is” condition. Buyer is responsible for independently verifying all information, including but not limited to the number of bedrooms, square footage, legal use of the property, zoning, and any applicable permits or approvals. Seller makes no representations or warranties as to the accuracy of any property details.

FOR SALE DETAILS

PRICE

$899,900 USD

PRICE/SF

$106 USD /SF

# OF UNITS

5

PRICE/UNIT

$179,980

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,001 SF

ZONING

4C

APN/PARCEL ID

14-00351-0000-00029

ASK ABOUT THIS PROPERTY

Nicole MartoranoSJI Jackson Real Estate LLCMore Info
267-763-7052

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Nicole MartoranoSJI Jackson Real Estate LLCMore Info
267-763-7052

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.