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83 Jay St
Newark City NJ 07103-3241 US

$699,900

Active Listing ID 4007535
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Lot: 0.07 Acres
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Other

$699,900

Active Listing ID 4007535
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83 Jay St Excellent multifamily investment opportunity in Newark, NJ! Located at 83 Jay Street, this 6-unit income-producing property features six (6) 1-bedroom, 1-bathroom apartments, a highly desirable unit mix with strong rental demand. The building includes one detached garage, offering additional income potential. All units are equipped with baseboard heating for efficient and reliable tenant comfort. Situated in an established residential area with convenient access to public transportation, major highways, shopping, and employment centers. Ideal for investors seeking steady cash flow, long-term appreciation, and a buy-and-hold asset in a growing Newark rental market. Great opportunity to expand your multifamily real estate portfolio with a solid income property.

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Property Features

  • Facts
  • Lot Size: 0.07 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Roof Type: Flat
  • Heating Fuels: Baseboard, Electric (Heating)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 699900
  • unparsedaddress: 83 Jay St
  • postalcity: Newark City
  • stateorprovince: NJ
  • country: US
  • postalcode: 07103-3241
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.07
  • lotsizeunits: Acres
  • lotsizearea: 0.07
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.74641
  • longitude: -74.18376
  • listagentfullname: JORGE VELASQUEZ
  • listagentemail: jvelasquez21@verizon.net
  • listagentkey: 3yd-GSMLSNJ-259491
  • listagentmlsid: 259491
  • listagentpreferredphone: 9734504000
  • listagentofficephone: 9734504000
  • listofficekey: 3yd-GSMLSNJ-226401
  • listofficemlsid: 226401
  • disclaimer: Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GSMLSNJ
  • listingcontractdate: 2026-01-30
  • listagenturl: http://www.professionals1.remax-nj.com/
  • countyorparish: Essex
  • constructionmaterials: Vinyl Siding
  • heating: Baseboard, Electric (Heating)
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • roof: Flat
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • architecturalstyle: Other
  • rooms: Basement
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -74.18376, 40.74641
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Professionals I", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Jorgevelasquez@remax.net", "ListBrokerageCity":"Belleville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"jvelasquezreo@verizon.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/GSMLSNJ/d63efb81d73311df9eea00219b994c72/20140326005904343.png", "ListBrokerageName":"RE/MAX Professionals I", "ListBrokeragePhone":"973-450-4000", "ListBrokeragePostalCode":"07109", "ListBrokerageStateOrProvince":"NJ", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"264 Washington Ave.", "ListBrokerageWebsiteUrl":"http://www.professionals1.remax-nj.com/", "ListOfficeAddress1":"264 WASHINGTON AVENUE", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"259491", "ListOfficeCity":"BELLEVILLE", "ListOfficeCountry":"US", "ListOfficeEmail":"jvelasquezreo@verizon.net", "ListOfficePostalCode":"07109", "ListOfficeStateOrProvince":"NJ", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - Newark City, NJ", "ListingURL":"https://listings.listhub.net/pages/GSMLSNJ/4007535/?channel=rexren", "MLSModificationTimestamp":"2026-02-04T16:12:53Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":10077, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/5/2026 1:07:35 AM GMT
Source Updated Date: 2/5/2026 6:45:18 PM GMT

Courtesy of: JORGE VELASQUEZ, RE/MAX PROFESSIONALS I, jvelasquez21@verizon.net

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.