526 Market St, Newark City, NJ 07105

Property Description

Well-maintained 6-family building in Newark's highly desirable Ironbound section. Incredible location with maximum rental demand, perfect for any portfolio. Fully occupied property consists of four 1BR/1BA units and two 2BR/1BA units. All layouts feature a functional living room and eat-in kitchen.Separate utilities with gas heat. Basement includes coin-operated washer and dryer for extra income/tenant convenience. Short distance to Newark Penn Station, Harrison PATH, shopping, dining, Riverfront Park, Red Bull Arena, and the Prudential Center.Most tenants are on month-to-month agreements; one lease expires in December. Property passed DSC. Sold strictly AS-IS. Buyer is responsible for the Certificate of Occupancy (C/O) and Fire Certificate.