New Jersey
Newark City
179 Thomas St

$799,000

179 Thomas St, Newark City, NJ 07114

12 beds |
4 baths

Multi-Family Home
Built in 1890
—— sqft lot
—— car garage
$——/sqft
Listed 2 months ago

Property Description

Discover an exceptional investment opportunity a 4-unit property generating an impressive $6,700 in monthly rental income currently as owner occupied. Perfect for savvy buyers seeking passive income, or house hack! This property includes a double lot next door for parking for 8+ cars, a rare find in Newark! Conveniently located just 2 blocks from Route 21, a 6-minute drive to Newark Liberty International Airport, and 6 minutes to Newark Penn Station, this property offers an easy commute to NYC. Recently updated with new mechanicals such as water heaters and a new french drain! A well maintained property with plenty of potential upside or add value! Whether you're expanding your portfolio or searching for a multi-family home to occupy, this property is the one! Don't miss out schedule your viewing today!

Listing Status:: Pending
Date Added:: May 19, 2025 at 12:00AM
Listing Office:: REAL : 855-450-0442
MLS ID:: 3963843

This listing courtesy of REAL

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

South Street Elementary School

44-48 Hermon Street, Newark, NJ, 07105

Grades PK-8

0.15 miles away

South Street Elementary School

44-48 Hermon Street, Newark, NJ, 07105

Grades PK-8

0.15 miles away

East Side High School

238 Van Buren St, Newark, NJ, 07105

Grades 9-12

0.75 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.