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Listed by Jorge Velasquez RE/MAX Professionals 1
$ 899,900
Est. payment | /mo
8 Beds
4 Baths
$ 899,900
Est. payment | /mo
8 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26007239
Style 4 Family
Bedrooms 8
Full Baths 4
Property Sub-Type 4 Family
Property Description
Fully renovated 2025 four-family income-producing property located at 14-16 Hazel Pl in Newark, NJ. This turnkey asset offers strong upside rental income potential in a high-demand Essex County rental market. The building features updated kitchens, modern bathrooms, contemporary finishes, and spacious layouts throughout. Separate utilities provide operational efficiency and added value for investors. Current rents allow for significant future income growth, creating an excellent value-add opportunity with long-term appreciation potential. Property also includes a large, clean, finished basement offering additional usable space for storage or common area use. Conveniently located near public transportation, major highways, shopping, and local amenities. Rare opportunity to acquire a renovated 4-unit building with strong cash flow potential in an established Newark rental corridor.
Location
State NJ
County Essex
Interior
Laundry None
