564 BROADWAY, NEWARK CITY, NJ 07104

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564 Broadway
Newark City, NJ 07104

$865,000

Number of Units: 4

Type: Multi-Unit Residential

Listing #3986683

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 North Ward location near schools, shops, and transportation.

Property Features

Location Information

County: Essex

Latitude: 40.76965

Longitude: -74.163

Directions: Between Chester Ave E and Delavan Ave

Interior Features

Total Rooms: 17

Heating: 2 Units, Forced Hot Air, Radiators - Hot Water

Heating Fuel: Gas-Natural

Cooling: 1 Unit, Central Air, Wall A/C Unit(s), Window A/C(s)

Water Heater: Gas

Basement Description: Finished

Has Basement: Yes

Unit 1 Features: Beds:2 Baths:1.0

Unit 2 Features: Beds:2 Baths:1.0

Unit 3 Features: Beds:2 Baths:1.0

Unit 4 Features: Beds:1 Baths:1.0

Total Number of Units: 4

Exterior Features

Siding: Vinyl Siding

Roof: Asphalt Shingle

Sewer: Public Sewer

Water: Public Water

Utilities: See Remarks

Driveway: None

Lot Size: 27.3X104.6

Lot Size in Acres: 0.07

Additional Information

Property Type: RI

Year Built: 1920

Status: Active

Tax Amt / Rate / Yr: 6514 / 3.803 / 2024

Days On Market: 3

$ per month
Year Fixed. % Interest Rate.

Principal + Interest:	$
Monthly Tax:	$
Monthly Insurance:	$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Listing Agent: OSCAR ALBAN
C-21 SEMIAO & ASSOCIATES

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GSMLS (Broker IDX) data last updated at September 15, 2025, 8:20 AM ET

564 Broadway Newark City, NJ 07104

$865,000

Property Features

564 Broadway
Newark City, NJ 07104