587 Dr Martin Luther Kng Blvd
Newark, New Jersey
$630,000 Price
6 Bedrooms  

This legal three-family property is a rare find in the heart of downtown Newark and a prime investment opportunity in a rapidly growing area. Live in one unit and rent out the others for steady income while building equity. The property features three units plus a basement with a...

This legal three-family property is a rare find in the heart of downtown Newark and a prime investment opportunity in a rapidly growing area. Live in one unit and rent out the others for steady income while building equity. The property features three units plus a basement with a walk-out to the street, ready to be finished for added value. Enjoy low taxes and a location surrounded by major redevelopment, just minutes from the Prudential Center, top restaurants, shopping, schools, Newark Penn Station, colleges, hospitals, and a vibrant downtown. There's also easy access to major highways, public transit, and Newark Airport. This is your chance to join the New Newark renaissance. Act now!

Listing courtesy of Twrg Realty Group/The World Realty Group, Moshe Wigder 9083551717

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Newark, New Jersey
Type:
Price: $630,000
Date Listed: 5/18/2025
Web ID: 325016814

Info & Amenities

Rooms: 14.0
Bedrooms: 6
Bathrooms: 3.0