431 Kerrigan Blvd, Newark City, NJ

$800,000

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8

Beds

4

Baths

6,300

Square feet

0.16

Acres

About 431 Kerrigan Blvd

Well-maintained fully ?Brick? 4-family investment property in sought-after Upper Ivy Hill of Newark offering approximately 6,300 sq. ft The first-floor units each consist of 1 Br, while the second-floor units each feature 2 Brs, providing a current configuration of 6 Brs and 4 Bths. However, with the exceptionally spacious floor plan, both first-floor units offer the potential to accommodate a second Br, increasing the property to a possible 8-Br, 4-Bth configuration. The potential annual rental income for this property is $96,000, with annual taxes amounting to $10,227. This results in a net annual income of $85,773 before utilities and debt servicing charges. Property has hardwood floors throughout and comes with newer roofing, furnace and windows. Basement is full size, standing height, partially finished with unlimited potential. This is a commuter's delight, walking distance to NYC express 107 bus, 5 minute drive to NYC train station, 15 minutes from Newark Liberty Airport, and close to major highways and shopping malls

Features of 431 Kerrigan Blvd

MLS® # 4048570
Price $800,000
Bedrooms 8
Bathrooms 4.00
Full Baths 4
Square Footage 6,300
Acres 0.16
Year Built 1930
Type Multi-Family
Style 2-Two Story, Fourplex
Status Active

Community Information

Address 431 Kerrigan Blvd
Subdivision Upper Vailsburg
City Newark City
County Essex
State NJ
Zip Code 07106-2948

Amenities

Utilities Electric, Gas-Natural
Parking Spaces 3
Parking Additional Parking, Blacktop, Off-Street Parking
# of Garages 3
Garages Detached Garage
Has Pool No

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
Heating Gas-Natural
Fireplace No
Has Basement Yes
Basement Finished-Partially, Full, Walkout

Exterior

Exterior Brick
Exterior Features Curbs, Sidewalk
Roof Asphalt Shingle, Flat

Additional Information

Date Listed August 24th, 2026
Zoning Residential

Listing Map

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