32 Martin Luther King Jr Blvd
Listing Notes
Excellent investment opportunity in Newark's desirable 07104 area! This 3-family property offers strong income potential and additional living space with a finished bonus basement. Unit 1 features 2 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. Units 2 and 3 each offer 3 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. The finished basement includes 2 bedrooms, a living room, and a semi-kitchen setup, providing flexible use options. Property requires TLC and presents an ideal value-add opportunity for investors or owner-occupants looking to renovate and maximize returns. Property may be delivered vacant, allowing the next owner to complete modern updates and achieve market rents. Conveniently located near transportation, shopping, schools, and major highways. Being sold as-is. Buyers responsible for conducting their own due diligence regarding legal use and municipal requirements.
Price in context
Cheaper than 0% of the 24 homes listed nearby right now, which run $489,000 to $875,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 334-336 Clifton Ave | $489,000 | 4 bd · 4 ba |
| 251 Mount Pleasant Ave | $499,000 | 3 bd · 3 ba |
| 135 Highland Ave | $499,000 | 3 bd · 4 ba |
| 45 Ogden St | $499,000 | 4 bd · 2 ba |
| 150 Garside St | $550,000 | 6 bd · 2 ba |
| 61 Victoria Ave | $570,000 | 5 bd · 3 ba |
| 15 Highland Ave | $590,000 | 7 bd · 3 ba |
| 176C Parker St | $600,000 | 6 bd · 3 ba |
| 199 Summer Ave | $649,500 | 4 bd · 2 ba |
| 136 Garside St | $650,000 | 7 bd · 3 ba |
| 138 Garside St | $650,000 | 7 bd · 3 ba |
| 132 Ridge St | $699,900 | 9 bd · 3 ba |
| 293 Clifton Ave | $699,900 | 6 bd · 3 ba |
| 257 Parker St | $700,000 | 6 bd · 3 ba |
| 55 Passaic Avenue Sycamore St Unit 400 | $714,825 | 2 bd · 3 ba |
| 38 Taylor St | $725,000 | 6 bd · 4 ba |
| 254 Parker St | $725,000 | 7 bd · 4 ba |
| 200 Balsam St Unit 216 | $728,990 | 2 bd · 3 ba |
| 164 Parker St | $759,000 | 7 bd · 3 ba |
| 200 Balsam St Unit 212 | $768,990 | 3 bd · 3 ba |
| 148 Garside St | $779,000 | 8 bd · 4 ba |
| 324 Clifton Ave | $825,000 | 7 bd · 4 ba |
| 272-274 Parker St | $849,999 | 8 bd · 4 ba |
| 272 274 Parker St | $849,999 | 8 bd · 4 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more