114-116 Peck Avenue Newark, NJ $ 795,000
114-116 Peck Avenue
$ 795,000
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114-116 Peck Avenue

Newark, NJ, 07107
$ 795,000
Bedrooms9 Baths3.0

Monthly Estimate*

$ 5,020

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Multi-Family Home for sale in Newark, NJ

for $795,000 with 9 bedrooms and 3 full baths.

Welcome to 114 Peck Avenue, a fantastic opportunity to own a legal 3-family property with immediate income potential and long-term value. Perfect for both investors and owner-occupants, this property features three spacious 3-bedroom units designed for strong rental appeal.Two units are occupied by excellent long-term tenants, providing reliable rental income from day one, while the vacant third unit offers the flexibility for owner occupancy or the opportunity to lease at current market rents and maximize cash flow.The full basement offers ample space and endless possibilities for storage, a workshop, recreation area, or future improvements. Bring your imagination and unlock the property's full potential.Conveniently located near schools, shopping, public transportation, and major highways, this well-maintained multi-family home is an excellent addition to any investment portfolio or the perfect place to call home while generating rental income.Don't miss this rare chance to own a legal 3-family with strong income, future upside, and endless possibilities. Schedule your private showing today!

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Multi-Family Active

Price

$ 795,000

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 11,865

Style

3 Family

Town/City

Newark

County/Region

Essex

MLS | Web ID

26027054

Features
General
Utilities Electricity Connected Natural Gas Connected Sep Heat
Architectural Style 3 Family
Rooms None
County ESSEX
Property Type 2-4 Family
HOA N
Total Rooms 15
Full Baths 3
Status Active - Active
City Newark
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1900-1939
Tax Annual Amount 11865.0
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
Half Baths 0
Total Bedrooms 9
Total Baths 3
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* Excluded Features
List By
Weichert Realtors

Broker

Clifton

Office

Affordability Calculator

$6,008
Per Month
84%
16%
0%
Monthly Principal & Interest
$5,020
Monthly Property Taxes
$989
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/17/2026$795,000 Listed Price

Map


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114-116 Peck Avenue, Newark, NJ, 07107 is a Multi-Family Home for sale at $795,000. 114-116 Peck Avenue has 9 bedrooms and 3.0 baths. The property's zip code is 07107 which is in Newark, NJ