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$ 949,900
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661 South 18th Street Newark City, NJ 07103
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Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4019032
Annual Tax Amount $19,003
Tax Year 2025
Property Sub-Type Mixed Use
Property Description
Mixed-use investment opportunity featuring a well-located property comprised of four residential units and a ground-floor commercial space. The commercial unit is currently occupied by a convenience store, providing steady income, while one of the four residential apartments is leased with additional upside through lease-up of the remaining units.The property also includes a detached garage and private driveway, offering valuable off-street parking for tenants or additional rental potential. Ideal for investors seeking a value-add opportunity with existing income and strong future cash flow potential. Lease income details available upon request. The buyer will be responsible for verifying the bed count for the residential apartment units with the city.
Location
State NJ
County Essex
Zoning 4C
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling No Cool, Window A/C(s)
Equipment See Remarks
Heat Source Gas-Natural
Exterior
Exterior Feature See Remarks
Utilities Available Gas-Natural
Roof Type Flat, See Remarks
Building
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by SJI JACKSON REAL ESTATE