13-15 May St, Newark City, NJ

$850,000

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10

Beds

7

Baths

0.12

Acres

About 13-15 May St

Rare investment opportunity in North Newark offering offering an attractive 7%+ cap rate with strong upside potential. 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.

Features of 13-15 May St

MLS® # 4033681
Price $850,000
Bedrooms 10
Bathrooms 7.00
Full Baths 7
Acres 0.12
Year Built 1899
Type Multi-Family
Style 3-Three Story
Status Active

Community Information

Address 13-15 May St
City Newark City
County Essex
State NJ
Zip Code 07104-3012

Amenities

Utilities All Underground
Parking Spaces 10
Parking Additional Parking, Blacktop, Driveway-Exclusive, Fencing, Off-Street Parking, On-Street Parking
# of Garages 4
Garages Detached Garage
Has Pool No

Interior

Heating Gas-Natural
Fireplace No
Has Basement Yes
Basement Finished-Partially

Exterior

Exterior Vinyl Siding
Roof Asphalt Shingle

Additional Information

Date Listed June 10th, 2026

Listing Map

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