48 Cedar Ave Newark, NJ 07106
MULTI_FAMILY - Newark City, NJ
Property Features for 48 Cedar Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bathroom 4, Bedroom 6, Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 8, Basement, Bedroom 5, Bedroom 7, Bedroom 3, Bathroom 1
- Parking
- 1
- Standard status
- Active
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10793
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 3
- Number of units
- 3
- Roof type
- Shingle
- Architectural style
- Other
Listing agent SAMANTHA LAMPTEY (732) 737-9013
Listing office EXODUS REAL ESTATE 1200 MORRIS TURNPIKE SUITE 3005, Union, NJ (732) 737-9013
Listing date May 11, 2026
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located just off South Orange Ave in Newark City, Essex County. Residents will have convenient access to major highways, public transportation, shopping, and schools, supporting a practical tenant and daily living routine.
For investors, the current rent-producing configuration can help support an income strategy while the vacant unit allows for repositioning once occupied. For an owner-occupant, the building layout provides an opportunity to live in the third-floor apartment while maintaining rental income from the other units. This is a straightforward, three-unit setup designed to support multi-tenant residential ownership.
Key Highlights
- 3‑family property built in 1930 with public water and public sewer
- 1st‑floor unit: 3 bedrooms, 1 bath, currently rented for $2,150/month
- 2nd‑floor unit: 3 bedrooms, 1 bath, includes basement and garage access, rented for $2,798/month
