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Asking Price - $480,000
Days on Market - 124
337 South 19th Street
Newark, NJ 07103
Featured Agent
EveryHome Agent
Asking Price
$480,000
Days on Market
124
Bedrooms
10
Full Baths
3
Age
125
Heating
Gas
Cooling
None
Fireplace
None
Basement
Full,Unfinished
Taxes
$6,628
Additional Details Below
EveryHome Agent
Views: 43
Featured Agent
EveryHome Realtor
Description
Newark legal three family home in the 07103 zip code offers exceptional potential for investors or homeowners. Featuring 2/4/4 bedroom layouts, a spacious basement, and low taxes, this property is ripe for renovation, with an estimated budget of $200K-$250K allowing for full customization. The first floor unit can be expanded by adding a front-facing room or converted into a duplex by incorporating the basement, potentially creating a fourth unit for increased rental income. Second and third-floor units offer flexibility to add up to four bedrooms, walk-in closets, or additional bathrooms, maximizing tenant appeal and rental income potential. ARV $730 to 800K + with projected rents of $2,000 to $2,500 per unit, the property can generate $8,000 to $10,000+ monthly, depending on the configuration. Situated near Rutgers, NJIT, downtown Newark, and major transit routes like I-78 and Garden State Parkway, it's an ideal location for tenants. The property is sold "As-Is,"
Location
Listing Details
Summary
Architectural Type
•3 Family
Lifestyle
•Close/Parks, Close/School, Close/Trans
Interior Features
Basement
•Full, Unfinished
Utilities
Heating
•Gas Fuel Source/See Rmks
Additional Utilities
•Seperate Heat
Miscellaneous
MLS# : 24037283
Views : 43
Listed By: Darrell Bailey (offers@dbrei.com) of EXP Realty, LLC
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Notes
Page: © 2025 EveryHome, Realtors, All Rights Reserved.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than EveryHome Realty Inc. are marked with the Internet Data Exchange logo and information about them inclues the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All infromation deemed reliable but not guaranteed. Last date updated: Mar/25/2025. Source: new Jersey Multiple Listing Service, Inc.
2025 New Jersey Multiple Listing Service, Inc. All Rights Reserved
Presentation: © 2025 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the New Jersey Real Estate Commission - License 0901599
Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
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Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. For information on those properties withheld from the internet, please call 215-699-5555
