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13-15 May St Newark, NJ $ 918,888
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13-15 May St
$ 918,888
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13-15 May St

Newark, NJ, 07104
$ 918,888
Bedrooms10 Baths5.0

Monthly Estimate*

$ 5,658

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Multi-Family Home for sale in Newark, NJ

for $918,888 with 10 bedrooms and 5 full baths. This home was built in 1899 on a lot size of 0.12.

Rare investment opportunity in North Newark offering a 7% cap rate with strong upside potential. Fully occupied property featuring a unique side-by-side layout with two spacious 3 story units, each offering 5 bedrooms, multiple bathrooms, and large living areas. Additional income potential with 4 detached garage/storage units, a large finished basement with separate entrance, and a central laundry room. Property includes separate heating systems for each unit and a private driveway leading to a 4-car garage. Conveniently located near NYC transportation, major highways, schools, shopping, and public transit. Ideal for investors seeking stable cash flow with value-add potential.

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Multi-Family Active

Price

$ 918,888

Bedrooms

10

Full Bath

5

Property Type

Multi-Family

Taxes

$ 10,901

Style

3-Three Story

Lot Size

0.12

Year Built

1899

Town/City

Newark

County/Region

Essex

MLS | Web ID

4018225
Features
General
Sewer Public Sewer
Heating 2 Units Radiators - Steam
Cooling Window A/C(s)
Utilities All Underground
Possession at close
Roof Asphalt Shingle
Architectural Style 3-Three Story
Year Built 1899
Township Newark City
Tax Year 2025
Gross Income 82476
County Essex
Net Operating Income 62276
Operating Expense 18000
Total Rooms 17
Full Baths 5
Status Active
Directions Wakeman Ave to May Street
Open Parking Spaces 10
Number Of Units Total 2
Tax Annual Amount 10901
Drive Additional Parking Blacktop Driveway-Exclusive Fencing Off-Street Parking On-Street Parking
Standard Status Active
Tax Assessed Value 272600
Town # 1614
Tax Lot 26
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Interior
Basement Finished-Partially
Unit 1 Baths Total 4.0
Unit 1 Beds Total 5
Unit 2 Baths Total 7.0
Unit 2 Beds Total 5
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 10
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 5240 SF
Lot Size Acres 0.12
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* Excluded Features
List By
FRANCIS SHEARON

Listing Agent

Robert Defalco Realty Llc

Broker

Affordability Calculator

$6,566
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,658
Monthly Property Taxes
$908
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.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/2/2026$918,888 Listed Price

Map

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13-15 May St, Newark, NJ, 07104 is a Multi-Family Home for sale at $918,888 with a lot size of 0.12. 13-15 May St has 10 bedrooms, 5.0 baths, and was built in 1899. The property's zip code is 07104 which is in Newark, NJ

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