$850,000 $4,563 est/mo Sourced by Back At You
24 Montrose St,Newark City, NJ 07106
Newark City, NJ 07106
Description
A DIAMOND IN THE ROUGH & A TRUE MONEY MAKER! Calling all investors! This legal 4-family home needs some TLC but offers an enormous amount of potential. The property features three 3-bedroom, 1-bath apartments, one 2-bedroom, 1-bath apartment, plus bonus space with a bedroom, bathroom, and kitchen.With multiple units, generous layouts, and excellent income-producing potential, this property is a great opportunity for the savvy investor looking to bring their vision to life and maximize value. A true diamond in the rough with plenty of upside! **Property being sold STRICTLY AS-IS. SELLER WILL NOT MAKE ANY REPAIRS. Buyer responsible for all inspections.
Details
| MLS # | 4047030 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 54 |
| Listing Provided By | KELLER WILLIAMS SPRING LAKE | AZIZA ARNETTE |
Features
| Bath(s) | 5 Total |
|---|---|
| Basement | Y |
Taxes
| Property | 12392 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07106 |
| Area | Essex |
| Listing VS Median (in 07106) | |
Price: $850,000 low | high Med: $415,000 On site: 54 low | high Med: 16 | |
Market Activity 07106
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Learn More About This Property
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07106 |
| Area | Essex |
| Listing VS Median (in 07106) | |
Price: $850,000 low | high Med: $415,000 On site: 54 low | high Med: 16 | |
Nearby Listings (Within 1/10 mile)
Price: $637K - $1.62M
sqft: 0 - 0
Listing Updated: September 29, 2026 at 10:09:34 PM PDT