$1,099,000
 $5,900 est/mo Sourced by Back At You

7 Patten Pl,Newark City, NJ 07112

Newark City, NJ 07112

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Description

Opportunity is knocking!!! An ideal investment for your portfolio, this turnkey multifamily property features 4 units - three 2 bedroom/1 bath apartments and a 3 bedroom/1 bath apartment. All units are currently tenant-occupied, providing an instant rental stream. Throughout the property you'll find some features like modern wood-looking flooring, fresh paint, updated bathrooms, and modern kitchens complete with white cabinetry, subway tile, and stainless steel appliances. The unfinished basement has high ceilings, offering future opportunity to maximize the space. Utilities are separate, including forced air heating and hot water heaters. Outside, you'll find a long concrete driveway leading to a rear parking lot. The home also has garage spaces for parking. Centrally located to schools, playgrounds, shops, public transportation, and major highways. Book your showing today!

Details

MLS #4044619
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year0
Days On Site47
Listing Provided ByNATIONWIDE HOMES REALTY LLC | HILLEL WEINBERGER

Features

Bath(s) 4 Total
Garage2
BasementY

Taxes

Property15752

Area Information

StateNJ
CountyEssex
CityNewark City
Zip Code07112
AreaEssex
Listing VS Median (in 07112)
Price:
$1,099,000
low | high
Med:
$2,375
100% of Average
On site:
47
low | high
Med:
155.5
30.225080385852% of Average
Sourced by Back At You

Market Activity 07112

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Additional Information


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Learn More About This Property

StateNJ
CountyEssex
CityNewark City
Zip Code07112
AreaEssex
Listing VS Median (in 07112)
Price:
$1,099,000
low | high
Med:
$2,375
100% of Average
On site:
47
low | high
Med:
155.5
30.225080385852% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $824K - $1.373M
sqft: 0 - 0
Listing Updated: September 18, 2026 at 5:57:21 PM PDT