65 Stone St
Newark City, NJ 07104
Price: $499,000
GSMLS: 4020475Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 7
Baths: 2 Full
Garage: No
Year Built: 2021
Acres: 0.06
Property Tax: $6,034
Description
Turnkey 2-Unit Cash-Flowing Investment Newark, NJ Fully occupied multi-family generating immediate income from day one or move into one unit and let the rental income from the other dramatically offset your housing costs. Either way, this property is ready to perform.Unit Mix:First Floor 3 Bed / 1 Bath with Long-term tenants in placeSecond Floor 4 Bed / 1 Bath Long Term Tenants In PlaceBoth units benefit from a blend of housing-assisted and market tenants, providing a diversified income stream with reliable, on-time rent collection. Tenants pay their own electric and gas owner responsibility is limited to water/sewer only.Recent Capital Improvements Already Done:New roof New Separate HVAC system New sewer lineThis is a low-turnover, professionally managed asset with a proven rental history. Whether you're building a portfolio or looking for a stable first investment, this property is structured to perform from closing day forward. Investor-friendly in every sense. Very easy to show.Selling as-is, fully occupied. Rent roll and financials available to qualified buyers upon request.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
11
Basement:
Yes - Full, Unfinished
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Roof:
Asphalt Shingle, Flat
Exterior:
Brick, Vinyl Siding
Lot Size:
25X104
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Dining Room, Eat-In Kitchen, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,RgOvGas,Refrig,SmokeDet
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
4
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,RgOvGas,SmokeDet
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
Central Air
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
See Remarks
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$499,000
Tax Amount:
$6,034
Land Assessment:
$21,300
Build. Assessment:
$129,600
Total Assessment:
$150,900
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4020475
List Date:
04-14-2026
Days On Market:
0
Listing Broker:
KELLER WILLIAMS CITY VIEWS REALTY
Listing Agent:
Farhan Yousufi
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: WillowWalkCondos.com
