• buy
  • rent
  • sell
  • agents
new developmentWORLD OF ELLIMAN
The latest in luxury property, lifestyle & culture, curated just for you.

company

  • about us
  • leadership
  • offices
  • press & news
  • elliman cares
  • join as an agent
  • careers
  • INTERNATIONAL PARTNERSHIP
  • THE ISLES GROUP
  • investors

resources

  • WORLD OF ELLIMAN
  • elliman insider
  • magazines
  • market reports
  • research reports
  • The wealth report
  • Elliman Exclusives
  • Featured Cities
  • guides to buying & selling

brand portfolio

  • new development
  • commercial
  • relocation
  • property management
  • sports & entertainment
  • farm & ranch
  • building broker specialists
  • title services
  • master trust & probate

  • California
  • Colorado
  • Connecticut
  • Florida
  • Massachusetts
  • Mid-Atlantic
  • Nevada
  • New Jersey
  • New York
  • New York City
  • Texas
  • Vermont
  • SITE MAP
  • TERMS
  • PRIVACY
  • COOKIE PREFERENCES
  • DO NOT SELL OR SHARE MY PERSONAL INFORMATION
  • NYS Housing Discrimination Disclosure Notice & Form
  • NYS Standard Operating Procedure
  • NYS Tenants' Rights to Reasonable Accommodations for persons with disabilities
  • California Consumer Privacy Act Notice
  • Texas Consumer Protection Notice
  • Texas Real Estate Commission Information About Brokerage Services
  • text of new york city human rights law
  • new york city commission on human rights
  • nyc source of income discrimination information
  • nyc source of income discrimination tenant faqs

THE SOURCE OF THE DISPLAYED DATA IS EITHER THE PROPERTY OWNER OR PUBLIC RECORD PROVIDED BY NON-GOVERNMENTAL THIRD PARTIES. IT IS BELIEVED TO BE RELIABLE BUT NOT GUARANTEED. FOR COLORADO VIEWERS, INFORMATION ABOUT NON-COMMERCIAL PROPERTIES IS PROVIDED EXCLUSIVELY FOR YOUR PERSONAL, NON-COMMERCIAL USE.

575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON MAY 29 2025 AT 2:30 PM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

POWERED BY PURLIN.AI

587 Dr Martin Luther King J

newark, NJ 07102-1234

$630,000

  • 6 BR
    3 BA

INTERESTED? LET'S CONNECT

This legal three-family property is a rare find in the heart of downtown Newark and a prime investment opportunity in a rapidly growing area. Live in one unit and rent out the others for steady income while building equity. The property features three units plus a basement with a walk-out to the street, ready to be finished for added value.Enjoy low taxes and a location surrounded by major redevelopment, just minutes from the Prudential Center, top restaurants, shopping, schools, Newark Penn Station, colleges, hospitals, and a vibrant downtown.There?s also easy access to major highways, public transit, and Newark Airport.This is your chance to join the New Newark renaissance. Act now!

Details

1,742.4 Sq Ft Exterior Space

Multi Family

$5,750 Annual Tax

Built in 9999

MLS/Listing ID 3963920

3 Units

Listing Courtesy of TWRG REALTY GROUP, MOSHE WIGDER

GSMLS

Source of Data: GARDEN STATE MLS

Interested in 587 Dr Martin Luther King J?