USANJNewark202 Eastern Pkwy
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$850,000

For Sale

18 hours ago

202 Eastern Pkwy, Newark, NJ

House

MLS® 26023209

8 Bed

5 Bath

--

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $9,993
Days Active 0
Lot Size 
Approx. Age 
MLS® Number 26023209

Property Address: 202 Eastern Pkwy, Newark, NJ, 07106-3406

Average square foot calculated using Size range provided by listing agent.

Description

Positioned in Newark’s highly desirable Ivy Hill neighborhood, just steps from Seton Hall University, this 4-family property, with 8 bedrooms and 5 full baths, presents a rare opportunity for investors and owner-occupants alike. Enjoy convenient access to the lifestyle and amenities of South Orange Village and the greater SOMA community””without the premium price tag. Commuters will appreciate the nearby train service providing easy access to New York City. What sets this property apart? Aside from low property taxes and four income-producing units, the home features a finished basement with three additional rooms and a full bathroom, offering valuable flexibility and potential. The building is equipped with separate gas and electric meters, separate and new hot water heaters, and three out of four newer boilers, providing operational efficiency and ease of management. The property offers strong potential for student housing, making it an attractive long-term investment with strong upside. Whether you're seeking immediate cash flow, future appreciation, or a combination of both, this asset checks all the boxes for a buy-and-hold strategy. The property also includes four garages and long driveway, providing additional value and income potential. Property and garages are being conveyed in as-is condition.
MLS® Number26023209
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 21, 2026List Date
$850,000List Price
  • Commute

Commute

Starting Address
Destination Address
202 Eastern Pkwy, Newark, NJ

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