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$650,000 Just Listed
Property Description
59?61 Beverly Street is a compelling three family investment opportunity offering strong upside and flexible use. This well proportioned property features a two car garage, a full walk out basement, and a fenced in yard, providing both functionality and future potential.The first and second floor units each offer three bedrooms, an eat in kitchen, a living room, and a full bathroom, while the third floor unit includes one bedroom, a kitchen, and a full bath?ideal for rental income, extended living, or owner occupancy options.A partially finished full walk out basement adds valuable space and flexibility, and all units are equipped with essential appliances, making the property immediately functional and ready for updating to maximize value.Conveniently located near major highways, shopping, the airport, and a nearby train station, this property is well positioned to attract and retain reliable tenants. Whether you?re an investor seeking a value add opportunity or a buyer looking to live in one unit while generating rental income, this property presents outstanding potential.Don?t miss the chance to unlock the full potential of this income producing multi family property.
Full Property Details
Full Property Details for 59 Beverly St #3
General
- Price: $650,000
- Taxes: $7,678 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4018479
- Updated: 4/5/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 16
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Parking
- Garage: Yes
- Garage Spaces: 1
- Garage Description: Detached Garage, Garage Parking
Location
- County: Essex
- Driving Directions: Fabyan to Beverly Street
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 3 Units, Radiators - Hot Water, Radiators - Steam
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Wood Shingle
- Basement: Yes
- Basement Desc.: Finished-Partially
- Roof: Asphalt Shingles
- Year Built: 9999
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Kitchen, Living Room, Pantry, Storage
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Dining Room, Kitchen, Living Room, Pantry, Storage
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 50 x 73.10 AVG.
- Driveway/Sidewalk: 2 Car Width, Blacktop
Financial Considerations
- Assessment Amount: $169,700
- Land Assmt: $22,300
- Tax Amount: $7,678
- Tax Year: 2025
Disclosures and Reports
- Block: 3079
- Lot Number: 24
Listed by Lara Realty Corp
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Schools
Schools serving 59 Beverly St #3
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 1 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 1 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.3 mi |
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112 | 9-12 | 0.9 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1.3 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.3 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.4 mi |
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106 | PK-8 | 1.5 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 59 Beverly St #3
Date
Details
Price
Change
Source
4/01/2026
Listed
$650,000
—
MLS
Disclaimer: Historical sales 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 59 Beverly St #3
59 Beverly St #3, Newark, NJ 07108 (MLS# 4018479) is a Multi-Family property with 3 units containing 7 bedrooms and 4 full bathrooms. 59 Beverly St #3 is currently listed for $650,000 and was received on April 01, 2026. Want to learn more about 59 Beverly St #3? 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.
