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sales rep | Brivity IDX

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225 S 10th St , Newark City, NJ 07107
$599,000
Est. Payment: $3,234.61/mo
9 Bed
3 Bath
0.06 Acres
Status: active | Days on site: 9
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5243 - 302024
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House Description

*FINANCING SPECIAL - SELLERS PREFERRED LENDER IS OFFERING 5.25% RATE 5% DOWN WITH NO POINTS AND NO PMI ON A 30 YEAR FIXED LOAN - IN ADDITION SELLER IS OFFERING TO PAY YEAR 1 OF TAXES* Turnkey Multi-ubit Jackpot! This massive 1,998 sq. ft. powerhouse is fully updated and primed for immediate cash flow. Offering a high-yield layout featuring 9 spacious brs and 3 full bas, this property is the perfect addition to your portfolio or an ultimate house-hack opportunity where tenants pay your mortgage! Inside, you will find expansive, light-filled units boasting gleaming, rich-toned polished hardwood flooring, fresh neutral paint, and modern-traditional details like oversized colonial trim. Built for peak rental durability and low-maintenance management, the asset features solid wood staircases, highly functional kitchens, and dependable utility configurations across versatile multi-level living areas. Location is everything, and this property sits in a high-demand Newark hub just minutes from major highways, public transit, and retail centers guaranteeing a steady stream of renters and minimal vacancy. Every square inch has been optimized for utility, value, and immediate tenant occupancy with zero heavy lifting required on day one. Opportunities combining this level of turnkey scale, pristine condition, and rapid monetization potential disappear fast in today's market. Act quickly, secure your equity, and schedule your private showing before this cash cow is sold!

Highlights

Listed by EYAL LEVY , MP KELLER WILLIAMS PARK VIEWS , 201-939-0050. Garden State MLS

Property Type

Multi-Family

Lot/Acreage
0.06

Year Built

1910

County

Essex

Listing ID

4062821

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:9
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Basement:Unfinished
Water:Public Water

Exterior Features

Lot Dimensions:25X100
Roof:Asphalt Shingle
Others:
  • ▪ Additional:Vinyl Siding
Sewer:Public Sewer
Principal Interest
$3,235
Taxes
$197

Home Price

$599,000

Loan Details

30 yrs
7.144%

Down Payment

20%
$119,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,234.61

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,234.61 $197.25 $0.00 $3,431.86
Yearly $38,815.28 $2,367.00 $0.00 $41,182.28
Total $1,164,458.46 $71,010.00 $0.00 $1,235,468.46
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Newark City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T21:57:18.000Z

© 2026 Garden State MLS