51 Richards St
newark, NJ 07105-4023$1,715,000
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Rare opportunity to acquire a six-family property in the highly sought-after Ironbound section of Newark. 51 Richards Street features six spacious 2-bedroom apartments. Ideal for investors seeking stable cash flow in a prime location with built-in rental demand. The Ironbound market continues to outperform with its vibrant restaurant scene, proximity to Newark Penn Station, and easy access to NYC. Significant upside potential through rent increases and long-term appreciation. A strong addition to any portfolio in one of Newark?s most desirable rental neighborhoods.
Details
3,484.8 Sq Ft Lot Size
commercial
$1,200 Monthly Tax
Built in 9999
MLS/Listing ID 4023710
3 Stories
6 Units
Amenities & Features
Public Sewer
Public Water
Construction - Wood
Flat
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TOTAL MONTHLY COST
$0
- PRINCIPAL & INTEREST
$0
- PROPERTY TAXES
$0
- Common Charges
$0
HOME PRICE
DOWN PAYMENT
TERM
INTEREST
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