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$749,999

For Sale

2 days ago

48 Cedar Ave, Newark

House

MLS® 4026803

8 Bed

3 Bath

--

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $10,793
Days Active 1
Lot Size 
Approx. Age 1930
MLS® Number 4026803

Property Address: 48 Cedar Ave, Newark, NJ, 07106-1217

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

Description

48 Cedar Ave is a well-maintained 3-family property offering strong rental potential and immediate cash flow. The 1st floor features 3 bedrooms, 1 bath, currently rented at $2, 150/month. The 2nd floor unit includes 3 bedrooms, 1 bath, with access to the basement and garage, generating $2, 798/month. The 3rd floor offers a 2-bedroom, 1 bath unit, currently vacant, but perfect for an owner-occupant or to lease for additional income (projected at $1, 750/month).Ideally located just off South Orange Ave, this property provides convenient access to major highways, public transportation, shopping, and schools. Whether you're an investor looking to expand your portfolio or a buyer seeking to offset your mortgage with rental income, this is a fantastic opportunity with great upside potential!
MLS® Number4026803
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1930
BasementFinished, Full
Driveway1 Car Width
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 12, 2026List Date
$749,999List Price
  • Commute

Commute

Starting Address
Destination Address
48 Cedar Ave, Newark,

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