Mixed-use investment opportunity featuring five income-producing units. The street-level unit is currently configured and occupied as a 2-bedroom, 1-bath unit, with potential commercial use subject to applicable zoning, approvals, and permitted use. The second and third floors each contain two 1-bedroom, 1-bath apartments with living room and kitchen, for a total of four residential units. All units are currently month-to-month with a history of timely rent payments. Current monthly gross income is $5,600, totaling $67,200 annually. Reported annual operating expenses are $14,626, resulting in NOI of $52,574 and an estimated 6.58% cap rate based on the current asking price. Convenient Newark location with access to public transportation and major roadways. Rent roll and financial information available for review. All income, expenses, permitted uses and financial information to be independently verified by buyer.

Based on information submitted to GSMLS as of September 11, 2026 1:18 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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Property Details of 485 18TH Avenue, Unit 5

Property Details

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Building

Location

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Interior Features

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The Wilton Group

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Property Details of 485 18TH Avenue, Unit 5

Property Details

Basic Information

Building

Location

Finance

Interior Features

Bathrooms

Basement

Map Location

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

The Wilton Group