564 Broadway Newark, NJ 07104
Well-maintained, fully occupied four-family property with strong cash flow.
Source: Century 21 Semiao & Associates/Kearny
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Four-Family Property in North Newark
This well-maintained four-family property is located in the center of North Newark. The building is fully occupied and generates $5,575 per month in rental income. The units feature hardwood floors and high ceilings. Each unit includes a large living room and dining room. Unit 1 has central A/C installed less than 5 years ago. The owner pays heat for Units 2, 3, and 4, averaging $200 per month. The property is conveniently located near schools, shops, and transportation. Annual insurance is $4,300. The property has low property taxes.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Essex
- State
- New Jersey
- Longitude
- -74.1631885
- Latitude
- 40.7697104
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FAQs
What type of property is this?
Quadplex - Well-maintained, fully occupied four-family property with strong cash flow.
Where is this quadplex located?
The property is located at 564 Broadway Newark, NJ.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: - Generating $5,575/month in rental income.; - Fully occupied with stable tenants.; - Low property taxes.