Newark, NJ 07102,587 Dr Martin Luther Kng
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Newark, NJ 07102,587 Dr Martin Luther Kng
Newark, NJ 07102,587 Dr Martin Luther Kng
Newark, NJ 07102,587 Dr Martin Luther Kng
Newark, NJ 07102,587 Dr Martin Luther Kng
Listed by Moshe Wigder TWRG Realty Group/The World Realty Group
Bought with Malgorzata Bober EXP Realty, LLC

$630,000

Est. payment /mo

$630,000

Est.Price: ?

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587 Dr Martin Luther Kng Newark, NJ 07102

3 Baths

SOLD DATE : 08/15/2025

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

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New Jersey MLS (NJMLS)
Michael Kehoe

Michael Kehoe

Agent | License ID: 2184298

+1(201) 299-4999

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