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10 Beds
7 Baths

$850,000

13-15 May Street, Newark NJ, 07104

Property typeMulti-family
Listed by Peter Boutros with EXP Realty, LLC (908) 913-8708

Overview

Active

Active - Active

Listed Jun 10, 2026

Updated 4 days ago

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.

$5,655/mo

Est. mortgage payment based on a $850,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26020027

Interior Features

Bedrooms
10
Bathrooms
7
Basement
No

Other Property Details

Taxes
$10,901
Tax Frequency
Annually
Association Fee Frequency
Monthly
MLS provider logo

Listed by Peter Boutros with EXP Realty, LLC (908) 913-8708

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS.  Real estate listings held by brokerage firms other than Prominent Properties Sotheby's International Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers.  Some properties listed with the participating brokers do not appear on this website at the request of the seller.  Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed.  Last date updated:  10/6/2026 

Source:  New Jersey Multiple Listing Service, Inc.

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