588 S 10th St

Newark City, NJ 07103


 

Price: $949,000

GSMLS:  4009253
Type: Multi-Family
Style: 2-Two Story
Total Units: 4
Beds: 9
Baths: 4 Full
Garage: No
Year Built: 1917
Acres: 0.02
Property Tax: $12,637
Description
Welcome to this solid brick 4-unit home, offering a rare opportunity to live comfortably while earning rental income. The first-floor 4-bedroom unit is vacant and move-in ready, making it ideal for an owner-occupant who wants space, privacy, and flexibility. There is also a vacant 2-bedroom unit, perfect for immediate rental incomeThe remaining two units are currently occupied, producing $3,000 in monthly income, helping offset your mortgage while you enjoy your new home. Whether you choose to live in the spacious 4-bedroom or rent it out in the future, this property gives you multiple options.Located in a convenient neighborhood, you're just minutes from shopping centers, Home Depot, supermarkets, and local banks, making daily errands and commuting a breeze. With its classic brick construction, strong layout, and income-producing potential, this home is perfect for buyers looking to house-hack, build long-term wealth, or simply enjoy the benefits of owning a multi-unit property. A great opportunity to own a home that works for you.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
13
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Flat
Exterior:
Brick
Lot Size:
30.5X33
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
4
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Family Room, Kitchen
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
1
Bathrooms:
1
Total Rooms:
1
Room Description:
Bedrooms, Eat-In Kitchen, Family Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Utilities
Heating:
1 Unit
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Available
Utilities:
All Underground
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:
$949,000
Tax Amount:
$12,637
Land Assessment:
$23,700
Build. Assessment:
$251,300
Total Assessment:
$275,000
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
4009253
List Date:
02-11-2026
Days On Market:
1
Listing Broker:
EREALTY ADVISORS, INC.
Listing Agent:
Zalman L. Pavel
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MountainClubNJ.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008


Shawn and Diane Fox