Bought with Malgorzata Bober EXP Realty, LLC
$630,000
$630,000
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587 Dr Martin Luther Kng Newark, NJ 07102
3 Baths
Key Details
Sold Price $630,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 25016814
Sold Date 08/15/25
Style 3 Family
Full Baths 3
Property Sub-Type 3 Family
Property Description
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!
Location
State NJ
County Essex
Interior
Laundry Basement
Read Less
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