Newly updated multifamily situated on a spacious 25x114 lot with a generous backyard in the heart of Newark, NJ. Perfect for the savvy investor seeking immediate cash flow or an owner-occupant looking to live in one unit while generating rental income from the other. Unit 1 is vacant and move-in ready, ideal for an owner-occupant or to immediately place a tenant for rental income. Unit 2 is currently tenant occupied, providing cash flow from day one. Strategically located just off Route 280 with seamless access to major highways and NJ Transit for a short commute to NYC. Minutes from Payne Tech High School and close proximity to shopping, dining, and local amenities. Whether you are house hacking, building your portfolio, or seeking turnkey cash flow, this property checks every box. Opportunities like this don't last. Schedule your showing today.

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Property Details of 173 3RD Street

Property Details

Interior Features

Listed by Alain Beade of Re/max Professionals I (973-450-4000)

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 Based on information submitted to GSMLS as of September 11, 2026 4:01 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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