32 Martin Luther King Jr B Newark, NJ $ 875,000
32 Martin Luther King Jr B
$ 875,000
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32 Martin Luther King Jr B

Newark, NJ, 07104
$ 875,000
Bedrooms8 Baths4.0

Monthly Estimate*

$ 5,388

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Multi-Family Home for sale in Newark, NJ

for $875,000 with 8 bedrooms and 4 full baths. This home was built in 1882 on a lot size of 0.06.

Excellent investment opportunity in Newark's desirable 07104 area! This 3-family property offers strong income potential and additional living space with a finished bonus basement. Unit 1 features 2 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. Units 2 and 3 each offer 3 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. The finished basement includes 2 bedrooms, a living room, and a semi-kitchen setup, providing flexible use options. Property requires TLC and presents an ideal value-add opportunity for investors or owner-occupants looking to renovate and maximize returns. Property may be delivered vacant, allowing the next owner to complete modern updates and achieve market rents. Conveniently located near transportation, shopping, schools, and major highways. Being sold as-is. Buyers responsible for conducting their own due diligence regarding legal use and municipal requirements.

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Multi-Family Active

Price

$ 875,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,782

Style

3-Three Story

Lot Size

0.06

Year Built

1882

Town/City

Newark

County/Region

Essex

MLS | Web ID

4031549

Features
General
Sewer Public Sewer
Heating 3 Units
Cooling Window A/C(s)
Utilities Gas-Natural See Remarks
Possession 90
Roof See Remarks
Garage Spaces 0
Architectural Style 3-Three Story See Remarks
Exclusions Owners personal property
Year Built 1882
Township Newark City
Tax Year 2025
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 20
Full Baths 4
Status Active
Directions Refer to google maps
Open Parking Spaces 0
Number Of Units Total 3
Tax Annual Amount 6782
Drive None
Standard Status Active
Tax Assessed Value 169600
Town # 1614
Tax Lot 77
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Interior
Basement Finished Full
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 8
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Exterior
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
LUIZ BENTO

Listing Agent

Xentry Property Group Llc

Broker

Affordability Calculator

$5,953
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,388
Monthly Property Taxes
$565
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
Pricing History
DatePricePrice ChangeDescription
6/2/2026$875,000 Listed Price

Map


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32 Martin Luther King Jr B, Newark, NJ, 07104 is a Multi-Family Home for sale at $875,000 with a lot size of 0.06. 32 Martin Luther King Jr B has 8 bedrooms, 4.0 baths, and was built in 1882. The property's zip code is 07104 which is in Newark, NJ