431 Kerrigan Blvd, Newark City, NJ 07106
$800,000
Est. payment /mo
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8 Beds
4 Baths
6,300 SqFt
Active

431 Kerrigan Blvd Newark City, NJ 07106

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Hardik Shah

Hardik Shah

+1(201) 936-2225

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,300 sqft

Price per Sqft $126

Subdivision Upper Vailsburg

MLS Listing ID 4048570

Style 2-Two Story, Fourplex

Bedrooms 8

Full Baths 4

Year Built 1930

Annual Tax Amount $10,277

Tax Year 2025

Lot Size 6,969 Sqft

Property Description

Well-maintained fully ?Brick? 4-family investment property in sought-after Upper Ivy Hill of Newark offering approximately 6,300 sq. ft The first-floor units each consist of 1 Br, while the second-floor units each feature 2 Brs, providing a current configuration of 6 Brs and 4 Bths. However, with the exceptionally spacious floor plan, both first-floor units offer the potential to accommodate a second Br, increasing the property to a possible 8-Br, 4-Bth configuration. The potential annual rental income for this property is $96,000, with annual taxes amounting to $10,227. This results in a net annual income of $85,773 before utilities and debt servicing charges. Property has hardwood floors throughout and comes with newer roofing, furnace and windows. Basement is full size, standing height, partially finished with unlimited potential. This is a commuter's delight, walking distance to NYC express 107 bus, 5 minute drive to NYC train station, 15 minutes from Newark Liberty Airport, and close to major highways and shopping malls

Location

State NJ

County Essex

Zoning Residential

Rooms

Basement Finished-Partially, Full, Walkout

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Brick

Parking Features Detached Garage

Garage Spaces 3.0

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle, Flat

Building

Lot Description Irregular Lot, Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story, Fourplex

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COLDWELL BANKER REALTY

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Hardik Shah

Hardik Shah

Agent License ID: 1538159

+1(201) 936-2225

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