Newark City, NJ 07103 732 S 15th St

This well-maintained two-family property offers an excellent investment opportunity with eight bedrooms and three full bathrooms, generating high rental income - currently $3,010 with room for higher rent roll around $5,300- while benefiting from low property taxes. The property has been recently updated, featuring a brand-new roof, a new boiler, and gutters that were replaced just two years ago. First floor is vacant and upstairs is occupied with reliable, month- to-month tenants in place, it ensures steady cash flow for investors or savyy buyers house-hacking. Located in a rapidly developing area near newly constructed luxury condos, the neighborhood is undergoing significant reconstruction, increasing property values and future appreciation potential. This is a prime opportunity to invest in a high-demand location. The first and second floor have the same layout.