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10 Beds

7 Bathrooms

3,420 Building Sqft

5,227 Lot Sqft

$898,000

13-15 May Street, Newark, NJ, 07104

About 13-15 May Street

Active Duplex

Rare investment opportunity in North Newark offering a 7 pct cap rate with strong upside potential. Only 30 minutes from Staten Island. Fully occupied property featuring a unique side-by-side layout with two spacious 3 story units, each offering 5 bedrooms, multiple bathrooms, and large living areas. Additional income potential with 4 detached garage/storage units, a large finished basement with separate entrance, and a central laundry room. Property includes separate heating systems for each unit and a private driveway leading to a 4-car garage. Conveniently located near NYC transportation, major highways, schools, shopping, and public transit. Ideal for investors seeking stable cash flow with value-add potential. This is an investment property and will not be delivered vacant!!

Features of 13-15 May Street

MLS® #
2602220
Bedrooms
10
Bathrooms
7
Full Baths
6
Half Baths
1
Acres
0.12
Type
Residential Income
Price
$898,000
Building Sqft
3,420
Year Built
1899
Sub-Type
Duplex

Exterior

Lot Description
Front Yard, Back Yard

Community Information

Address
13-15 May Street
City
Newark
County
Essex
State
NJ
Zip Code
07104

Listing Information

Agent Office
Robert DeFalco Realty, Inc.

Listing Map

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At a Glance

13-15 May Street

Newark, NJ, 07104

$898,000

10 Beds

7 Bathrooms

3,420 Building Sqft

5,227 Lot Sqft

Contact Agent