485 18Th Ave, Newark City, NJ 07103
485 18Th Ave, Newark City, NJ 07103
485 18Th Ave, Newark City, NJ 07103
485 18Th Ave, Newark City, NJ 07103
485 18Th Ave, Newark City, NJ 07103
485 18Th Ave, Newark City, NJ 07103
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Brenda Barzola-Diaz

Brenda Barzola-Diaz

+1(201) 850-0771
$ 799,999
Est. payment | /mo

1,800 SqFt

Save
$ 799,999
Est. payment | /mo
Save

1,800 SqFt

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $444

MLS Listing ID 4047292

Annual Tax Amount $7,826

Tax Year 2025

Lot Size 1,742 Sqft

Property Sub-Type Mixed Use

Property Description

Mixed-use investment opportunity featuring five income-producing units. The street-level unit is currently configured and occupied as a 2-bedroom, 1-bath unit, with potential commercial use subject to applicable zoning, approvals, and permitted use. The second and third floors each contain two 1-bedroom, 1-bath apartments with living room and kitchen, for a total of four residential units. All units are currently month-to-month with a history of timely rent payments. Current monthly gross income is $5,600, totaling $67,200 annually. Reported annual operating expenses are $14,626, resulting in NOI of $52,574 and an estimated 6.58% cap rate based on the current asking price. Convenient Newark location with access to public transportation and major roadways. Rent roll and financial information available for review. All income, expenses, permitted uses and financial information to be independently verified by buyer.

Location

State NJ

County Essex

Zoning C2

Interior

Heating Gas-Natural

Cooling Central Air

Equipment See Remarks

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Electric, Gas-Natural, See Remarks

Roof Type Asphalt Shingle

Building

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by REAL

Nearby Locations

Brenda Barzola-Diaz

"My job is to build a relationship based on trust with our clients. Trusting us to navigate the complexities of real estate transactions seamlessly, ensuring a smooth and rewarding experience from start to finish. We help you achieve your property goals with confidence and peace of mind."

+1(201) 850-0771

hello@brendabarzola.com

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485 18Th Ave