542 S 18th St
Newark City, NJ 07103
Price: $529,999
GSMLS: 4038391Type: Multi-Family
Style: See Remarks
Total Units: 2
Beds: 6
Baths: 2 Full
Garage: No
Year Built: 1910
Acres: 0.06
Property Tax: $6,002
Description
Excellent investment opportunity! Two-family property offering strong income and value-add potential. Each unit features 3 bedrooms and 1 full bathroom. the first-floor unit is tenant occupied, while the second-floor unit is vacant, providing an excellent opportunity for renovation and owner occupancy or rental income. Unfinished basement offers additional storage or future potential, subject to municipal approvals. Conveniently located near public transportation, schools, parks, shopping, and major highways.Property is being sold strictly AS IS. Buyer is responsible for obtaining the Certificate of Occupancy (CO), any required municipal inspections, and satisfying any lender-required repairs, if applicable.
General Info
Style:
See Remarks
SqFt Building:
n/a
Total Rooms:
10
Basement:
Yes - Unfinished
Interior:
Carbon Monoxide Detector
Roof:
Asphalt Shingle, Flat
Exterior:
Vinyl Siding
Lot Size:
25 X 100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$529,999
Tax Amount:
$6,002
Land Assessment:
$31,300
Build. Assessment:
$118,800
Total Assessment:
$150,100
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4038391
List Date:
07-03-2026
Days On Market:
4
Listing Broker:
REALTY ONE GROUP LIVING
Listing Agent:
Eva Tineo
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: SeasonsGlenCondos.com
