272-274 Wainwright St
Newark City, NJ 07112
Price: $699,000
GSMLS: 4036342Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 6
Baths: 3 Full
Garage: No
Year Built: 2021
Acres: 0.09
Property Tax: $6,886
Description
Income-producing multi-family property located in Newark, featuring multiple units with a mix of 1"3 bedroom layouts. Property is fully occupied, with several units supported by housing assistance programs, providing consistent and reliable rental income. The property is in operational condition and currently generating cash flow, making it a practical option for investors seeking stability and long-term hold potential. Financials and rent roll available upon request.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
9
Basement:
Yes - Full, Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding, Brick, See Remarks
Lot Size:
40X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
On-Street Parking
Parking:
1 Car Width, Driveway-Exclusive, See Remarks
Spaces Available:
3
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Kitchen, Living/Dining Room, Master Bedroom, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Kitchen, Living/Dining Room, See Remarks
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, See Remarks
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
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:
See Remarks
Heating Fuel:
Gas-Natural
Cooling:
Central Air
Water Heater:
Gas
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:
$699,000
Tax Amount:
$6,886
Land Assessment:
$20,000
Build. Assessment:
$152,200
Total Assessment:
$172,200
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4036342
List Date:
06-23-2026
Days On Market:
1
Listing Broker:
KELLER WILLIAMS CITY VIEWS REALTY
Listing Agent:
Farhan Yousufi
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: DrakesvilleCondos.com
