173 3rd St, Newark City, NJ

$550,000

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4

Beds

3

Baths

0.07

Acres

About 173 3rd St

Newly updated multifamily situated on a spacious 25x114 lot with a generous backyard in the heart of Newark, NJ. Perfect for the savvy investor seeking immediate cash flow or an owner-occupant looking to live in one unit while generating rental income from the other. Unit 1 is vacant and move-in ready, ideal for an owner-occupant or to immediately place a tenant for rental income. Unit 2 is currently tenant occupied, providing cash flow from day one. Strategically located just off Route 280 with seamless access to major highways and NJ Transit for a short commute to NYC. Minutes from Payne Tech High School and close proximity to shopping, dining, and local amenities. Whether you are house hacking, building your portfolio, or seeking turnkey cash flow, this property checks every box. Opportunities like this don't last. Schedule your showing today.

Features of 173 3rd St

MLS® # 4042172
Price $550,000
Bedrooms 4
Bathrooms 3.00
Full Baths 3
Acres 0.07
Year Built 1910
Type Multi-Family
Style 3-Three Story
Status Active

Community Information

Address 173 3rd St
City Newark City
County Essex
State NJ
Zip Code 07107-2208

Amenities

Utilities Gas-Natural
Parking On-Street Parking
Has Pool No

Interior

Heating Gas-Natural
Fireplace No
Has Basement Yes
Basement Full

Exterior

Exterior Vinyl Siding
Roof Asphalt Shingle

Additional Information

Date Listed July 21st, 2026

Listing Map

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