New Jersey
Newark
487 17th Street

$599,000

487 17th Street, Newark, NJ 07103

6 beds |
3 baths

Multi-Family Home
Built in ——
—— sqft lot
—— car garage
$——/sqft
Listed 2 months ago

Property Description

Well-maintained 2-Family generating strong rental income. First Floor: 3BR/1BA. Second Floor: 3BR/2BA with Balcony. Each unit has separate utilities. Income potential: $5,200/month ($2,600 each). Low annual taxes of $4,875 support cash flow. Recent updates ensure minimal maintenance, while the functional layouts appeal to long-term renters. Situated in a high-demand rental area near transit, shopping, and major highways, this Prime Newark property offers immediate returns plus strong appreciation potential. Schedule your showing now before it's gone!

Listing Status:: Active
Date Added:: August 11, 2025 at 05:00AM
Listing Office:: LivX : 973-220-5454
Listing Agent:: Garima Verma : 917-836-1462
MLS ID:: 25028555

Rooms: 12
Laundry: None

County: ESSEX

Utilities: Sep ElecSep Gas

This listing courtesy of Garima Verma, LivX

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

South Seventeenth Street Elementary School

619 S 17th St, Newark, NJ, 07103

Grades KG-8

0.38 miles away

South Seventeenth Street Elementary School

619 S 17th St, Newark, NJ, 07103

Grades KG-8

0.38 miles away

West Side High School

403 S Orange Ave, Newark, NJ, 07103

Grades 9-12

0.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.