Broadway

Newark | New Jersey

Where Amenities

Await Always

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Oscar Alban

Presented At

$865,000

Bedrooms

Bathrooms

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564

Broadway

Newark | New Jersey

564 Broadway, Newark, NJ 07104, Newark, New Jersey, United States. , Newark , New Jersey 07104

564 Broadway, Newark, Nj, 07104

GREAT INVESTMENT OPPORTUNITY!! WELL MAINTAINED/ GOOD CONDITION FOUR FAMILY LOCATED IN THE CENTER OF NORTH NEWARK. Fully occupied and generating $5,575/month in rental income. Low property taxes make this an excellent investment opportunity. Units feature hardwood floors, high ceilings, a Huge living room/dining room, and are in good condition. Owner pays heat for Units 2,3, and 4 (avg. $200/month). Unit 1 has central A/C installed less than 5 years ago. Annual insurance $4,300. Strong cash flow with stable tenants in place. Convenient location near schools, shops, and transportation.

Property

Property Location

564 Broadway, Newark, NJ 07104, Newark, New Jersey, United States., Newark New Jersey

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 564 Broadway, Newark, NJ 07104, Newark, New Jersey, United States have?

This apartment at 564 Broadway, Newark, NJ 07104, Newark, New Jersey, United States features 7 bedrooms.

What is the listing price for 564 Broadway, Newark, NJ 07104, Newark, New Jersey, United States?

This property is listed at $86,500,000.

What are the current real estate market conditions in Newark?

In Newark, home prices have decreased 10.9% over the past year, homes typically sell within 68 days, it's currently a unknown. These market conditions can affect pricing strategies and negotiation opportunities.

Is now a good time to buy a home in Newark?

Based on current market indicators, Newark shows an active market. The market opportunity score is 62 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is 564 Broadway, Newark, NJ 07104, Newark, New Jersey, United States?

This is a apartment located in Newark, New Jersey. The property is situated in an established neighborhood with convenient access to local amenities and services.

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