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564 Broadway Newark, NJ 07104

For Sale
$865,000

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

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Newark
County
Essex
State
New Jersey
Longitude
-74.1631885
Latitude
40.7697104

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.
More about this property
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