Back to search
83 Jay St Newark, NJ $ 699,900
Share Save
$ 699,900 Get more info
83 Jay St
$ 699,900
Back to search
Recently Listed
Share Save

83 Jay St

Newark, NJ, 07103
$ 699,900
Bedrooms-- Baths--

Monthly Estimate*

$ 4,309

83 Jay St, Newark, NJ 07103 - Image 1
83 Jay St, Newark, NJ 07103 - Image 2
83 Jay St, Newark, NJ 07103 - Image 3
83 Jay St, Newark, NJ 07103 - Image 4
83 Jay St, Newark, NJ 07103 - Image 5
83 Jay St, Newark, NJ 07103 - Image 6
83 Jay St, Newark, NJ 07103 - Image 7
83 Jay St, Newark, NJ 07103 - Image 8
83 Jay St, Newark, NJ 07103 - Image 9

Commercial Property for sale in Newark, NJ

for $699,900 with 6 half baths. The lot size is 0.07.

Excellent multifamily investment opportunity in Newark, NJ! Located at 83 Jay Street, this 6-unit income-producing property features six (6) 1-bedroom, 1-bathroom apartments, a highly desirable unit mix with strong rental demand. The building includes one detached garage, offering additional income potential. All units are equipped with baseboard heating for efficient and reliable tenant comfort. Situated in an established residential area with convenient access to public transportation, major highways, shopping, and employment centers. Ideal for investors seeking steady cash flow, long-term appreciation, and a buy-and-hold asset in a growing Newark rental market. Great opportunity to expand your multifamily real estate portfolio with a solid income property.

See more
Commercial Active

Price

$ 699,900

Half Bath

6

Property Type

Commercial

Taxes

$ 10,077

Style

Apartment Complex

Lot Size

0.07

Town/City

Newark

County/Region

Essex

MLS | Web ID

4007535
Features
General
Sewer Public Sewer
Construction See Remarks
Heating Baseboard - Electric
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession TBD
Roof Flat
Zoning .
Year Built 9999
Township Newark City
Property Type Apartment Complex Apartment Complex
Tax Year 2024
Ownership Fee Simple
Location Residential Area
County Essex
Status Active
Directions Central Ave. to Jay St.
Number Of Units Total 6
Tax Annual Amount 10077
Drive 1 Car Width
Leasable Area 0
Standard Status Active
Tax Assessed Value 265000
Town # 1614
Tax Lot 8
See more
Interior
Basement Unfinished
Fuel Type Gas-Natural
Total Stories 3
Half Baths 6
See more
Exterior
Lot Features Corner
Water Source Public Water
Exterior Description Vinyl Siding
Building Area Total 0
Lot Dimensions 30X100
Lot Size Acres 0.07
See more
* Excluded Features
List By
JORGE VELASQUEZ

Listing Agent

Re/Max Professionals I

Broker

jvelasquez21@verizon.net

Email

Affordability Calculator

$5,149
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,309
Monthly Property Taxes
$840
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/30/2026$699,900 Listed Price

Map

More homes like this one

homes for you

See all
See all

83 Jay St, Newark, NJ, 07103 is a Commercial Property for sale at $699,900 with a lot size of 0.07. The property's zip code is 07103 which is in Newark, NJ

Get more info