$1,100,000

696 Dr Martin Luther King J, Newark City, NJ 07102

  • 9 beds |
  • 6 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2025
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Perfect Investment Opportunity Between Two Historic Gems!This beautifully renovated rooming house, now transformed into a three-family home, offers endless potential and strong income possibilities. All units have central heating/cooling and stackable washer and dryer space. First Floor & Basement: The first-floor unit enjoys private access to the basement, featuring two bedrooms, a full bath, and a sitting room downstairs. The main level adds two additional bedrooms, a full bath, and a half bath, creating a spacious, versatile living area. Second Floor: Includes three bedrooms and two bathrooms, offering ample comfort and functionality. Third Floor: Boasts two bedrooms and two bathrooms, filled with charm and character. Large windows flood the home with natural light, complemented by original stained glass accents that nod to the property's history and craftsmanship. Step outside to a massive backyard a rare find with plenty of room for entertaining, gardening, or future development opportunities.Don't miss this rare investment gem blending modern updates with timeless character in a sought-after historic neighborhood.

Listing Status:
Active
Listing Office:
COLDWELL BANKER REALTY : 973-378-8300
MLS ID:
3992367
  • General: Carbon Monoxide DetectorSmoke DetectorWood Floors
  • Basement: Finished
  • A/C: Central Air
  • Heating: Forced Hot AirGas-Natural
  • General: Stucco
  • Parking: Parking spaces: 2
  • Roofing: Asphalt Shingle
  • County: Essex
  • Driveway: Blacktop
  • Zoning: 1614-00121-0000-00010-0000-
  • Utilities: All Underground
  • Water: Public Water
  • Sewer: Public Sewer

This listing courtesy of COLDWELL BANKER REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

Q

Quitman Street Community School

21 Quitman St, Newark, NJ, 07103

Grades PK-8

0.17 miles away

Q

Quitman Street Community School

21 Quitman St, Newark, NJ, 07103

Grades PK-8

0.17 miles away

A

American History High School

74 Montgomery St, Newark, NJ, 07103

Grades 9-12

0.21 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.

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