NJ > Newark City
Newark City, NJ 07103,487 S 17th St
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Newark City, NJ 07103,487 S 17th St
Newark City, NJ 07103,487 S 17th St
Newark City, NJ 07103,487 S 17th St
Newark City, NJ 07103,487 S 17th St
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Anson Tang

Anson Tang

+1(347) 552-1549
$ 599,000
Est. payment /mo
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Price Dropped by $30K

487 S 17th St Newark City, NJ 07103

6 Beds

3 Baths

3,020 SqFt

Open House

Sun Sep 21, 3:00pm - 4:30pm

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,020 sqft

Price per Sqft $198

MLS Listing ID 3979954

Style 2-Two Story

Bedrooms 6

Full Baths 3

Year Built 1916

Annual Tax Amount $4,875

Tax Year 2024

Lot Size 2,613 Sqft

Property Description

Well-maintained 2-Family generating strong rental income. First Floor: 3BR/1BA. Second Floor: 3BR/2BA with Balcony. Each unit has separate utilities. Income potential: $5,200/month ($2,600 each). Low annual taxes of $4,875 support cash flow. Recent updates ensure minimal maintenance, while the functional layouts appeal to long-term renters. Situated in a high-demand rental area near transit, shopping, and major highways, this Prime Newark property offers immediate returns plus strong appreciation potential. Schedule your showing now before it's gone!

Location

State NJ

County Essex

Rooms

Basement Unfinished

Interior

Interior Features See Remarks

Heating Gas-Natural

Cooling 2 Units

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features On-Street Parking

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Schools

Elementary Schools Camden St

Middle Schools West Side

High Schools West Side

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by LIVX
Anson Tang

Anson Tang

Agent | License ID: 2191514

+1(347) 552-1549

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487 S 17th St