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$799,000
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Property Description
Discover a rare gem in Newark's North Ward: an income-producing, four-unit property featuring a ground-floor unit with commercial potential. Currently, fully occupied, this asset offers immediate cash flow. The first floor tenant will vacate soon, presenting a valuable opportunity to convert the space into high-demand commercial use or retain as residential. Situated near light rail and NJ Transit bus lines- steps from Newark Penn Station- and surrounded by high foot and vehicle traffic, the location ensures excellent visibility and accessibility for both renters and customers. Ideal for sophisticated investors or owner-occupiers seeking to live in one unit and rent others. This property is within C-1 zoning ( Commercial-neighborhood). Please do your own due diligence. One of the units is in the back (rear unit)
Full Property Details
Full Property Details for 575 N 6th St #4
General
- Price: $799,000
- Taxes: $9,283 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 3978548
- Updated: 8/28/2025
- Added to Site: 170 day(s) ago
Interior
- Number of Rooms: 14
- Interior Features: Carbon Monoxide Detector, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Exterior
- Color: Gray
Location
- County: Essex
- Driving Directions: Bloomfield Avenue., to N. 6TH.
Heating & Cooling
- Cooling Type: Wall A/C Unit(s)
- Heating Type: 4+ Units
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground, Cable TV Available
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Brick, Stucco
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Flat
- Remodeled/Updated: 2024
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 24.10 x 100
- Driveway/Sidewalk: See Remarks
- Zoning: C-1
- Lot Description: Level Lot
Financial Considerations
- Expenses: Cold Water, Insurance, Taxes
- Operating Expenses: $15,159
- Assessment Amount: $144,100
- Land Assmt: $100,000
- Tax Amount: $9,283
- Tax Year: 2024
Disclosures and Reports
- Exclusions: Tenant's belongings.
- Disclosures: Yes
- Block: 597
- Lot Number: 45
Listed by DIAS & ASSOCIATES REALTY
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Schools
Schools serving 575 N 6th St #4
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 0.1 mi |
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107 | 5-8 | 0.7 mi |
Roberto Clemente Elementary School 257 Summer Avenue, Newark, NJ 07104 | K-4 | 0.8 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 0.9 mi |
Franklin Elementary School, Newark, NJ 42 Park Avenue, Newark, NJ 07104 | PK-4 | 1 mi |
Luis Munoz Marin Ele 663 Broadway, Newark, NJ 07104 | PK-4 | 1.1 mi |
Elliott Street Elementary School 721 Summer Avenue, Newark, NJ 07104 | K-4 | 1.1 mi |
Dr. E. Alma Flagg Elementary School 150 Third St, Newark, NJ 07104 | K-4 | 1.1 mi |
Ridge Street Elementary School 735 Ridge Street, Newark, NJ 07104 | 5-8 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 575 N 6th St #4
Date
Details
Price
Change
Source
7/31/2025
Listed
$799,000
102.28%
MLS
2/08/2007
Sold
$395,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 575 N 6th St #4
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,283
2%
$244,100
—
2023
$9,100
—
$244,100
—
2022
$9,120
—
$244,100
—
2021
$9,115
33%
$244,100
—
2021
$6,871
-24%
$244,100
—
2018
$9,015
4%
$244,100
—
2017
$8,690
3%
$244,100
—
2016
$8,397
-9%
$244,100
—
2019
$9,181
14%
$244,100
—
2015
$8,077
12%
$244,100
—
2013
$7,208
—
$244,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 575 N 6th St #4
575 N 6th St #4, Newark, NJ 07107 (MLS# 3978548) is a Multi-Family property with 4 units containing 7 bedrooms and 4 full bathrooms. 575 N 6th St #4 is currently listed for $799,000 and was received on July 31, 2025. Want to learn more about 575 N 6th St #4? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

