$615,000

587 M L King, Newark, NJ 07102

  • 6 beds |
  • 3 baths
  • Property Icon Triplex
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

This legal three-family property is a rare find in the heart of downtown Newark, a rapidly growing area experiencing a major development boom. Live in one unit and rent out the others for steady rental income while building equity in a thriving community. Surrounded by extensive redevelopment, this property offers unlimited potential in a prime location. Just minutes from the Prudential Center, premier shopping, top-rated restaurants, and both public and charter schools, it provides unmatched convenience. With easy access to Newark Penn Station, major highways, public transit, and Newark Airport, commuting is effortless. Be part of the New Newark renaissance and stake your claim in this dynamic neighborhood. Close to schools, colleges, hospitals, and a bustling downtown scene, this is a unique chance to invest in a high-demand location. Opportunity is knocking answer it today!

Listing Status:
Pending
Date Added:
February 17, 2025 at 06:00AM
Listing Office:
TWRG Realty Group/The World Realty Group : (908) 355-1717
Listing Agent:
Moshe Wigder : (908) 355-1717
MLS ID:
25005020

This listing courtesy of Moshe Wigder, TWRG Realty Group/The World Realty Group

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

0.24 miles away

Q

Quitman Street Community School

21 Quitman St, Newark, NJ, 07103

Grades PK-8

0.24 miles away

A

Arts High School

550 M L King Blvd, Newark, NJ, 07102

Grades 9-12

0.08 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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