For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

564 Broadway 4 Newark, NJ 07104

For Sale
$865,000

Four-family property in good condition, generating strong cash flow.

Lot size:
0.07 Acres

Property Features for 564 Broadway 4

General Information

Lot size
0.07 Acres

Building Details

Year built
1920

Source: C-21 SEMIAO & ASSOCIATES Agent OSCAR ALBAN

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Well-Maintained Newark Four Family

This well-maintained four-family property is located in the center of North Newark. The building is fully occupied, generating $5,575 per month in rental income. The units feature hardwood floors, high ceilings, and a large living room/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 annual insurance cost is $4,300. The property benefits from low property taxes and stable tenants. The location is convenient to schools, shops, and transportation.
Location Intelligence

Current Use by Public Records

Quadplexes

Map

City
Newark
County
Essex
State
New Jersey
Longitude
-74.1695
Latitude
40.7676

FAQs

What type of property is this?
Quadplex - Four-family property in good condition, generating strong cash flow.
Where is this quadplex located?
The property is located at 564 Broadway 4 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 with stable tenants; - Low property taxes offering an excellent investment opportunity; - Well-maintained four-family property in good condition
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message