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$499,000 Just Listed

For Sale
Active
Multi-Family
7 Total Beds
Updated 3 days ago

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Property Description

Turnkey 2-Unit Cash-Flowing Investment Newark, NJ Fully occupied multi-family generating immediate income from day one or move into one unit and let the rental income from the other dramatically offset your housing costs. Either way, this property is ready to perform.Unit Mix:First Floor 3 Bed / 1 Bath with Long-term tenants in placeSecond Floor 4 Bed / 1 Bath Long Term Tenants In PlaceBoth units benefit from a blend of housing-assisted and market tenants, providing a diversified income stream with reliable, on-time rent collection. Tenants pay their own electric and gas owner responsibility is limited to water/sewer only.Recent Capital Improvements Already Done:New roof New Separate HVAC system New sewer lineThis is a low-turnover, professionally managed asset with a proven rental history. Whether you're building a portfolio or looking for a stable first investment, this property is structured to perform from closing day forward. Investor-friendly in every sense. Very easy to show.Selling as-is, fully occupied. Rent roll and financials available to qualified buyers upon request.

Full Property Details

Full Property Details for 65 Stone St

General

Price: $499,000
Taxes: $6,034 (2025)
Status: Active
Type: Multi-Family
Source: Garden_State
MLS ID: 4020475
Updated: 4/14/2026
Added to Site: 3 day(s) ago

Interior

Number of Rooms: 11
Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 7

Exterior

Exterior Features: See Remarks

Location

County: Essex
Driving Directions: I-280 to Orange St exit S 13th St Stone St.Tenant occupied. Access by appointment only. Property manager will provide access.

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Forced Hot Air
Heating Fuel: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public Water
Utility Description: See Remarks

Structural Information

Architectural Style: 2-Two Story
Exterior Const.: Brick, Vinyl Siding
Basement: Yes
Basement Desc.: Full, Unfinished
Roof: Asphalt Shingles, Flat
Year Built: 2021
Remodeled/Updated: 2021

Unit Information

Unit 1

Unit Description: Dining Room, Eat-In Kitchen, Kitchen, Living Room
Square Feet: 960
Levels/Stories: 1
Total Bathrooms: 1
Bedrooms: 3

Unit 2

Unit Description: Bedrooms, Dining Room, Eat-In Kitchen
Square Feet: 1000
Levels/Stories: 1
Total Bathrooms: 1
Bedrooms: 4

Lot Features

Lot Size (Acres): 0.06
Lot Dimensions: 25 x 104
Driveway/Sidewalk: On-Street Parking

Financial Considerations

Expenses: Cold Water, Insurance, Taxes
Operating Expenses: $952
Assessment Amount: $129,600
Land Assmt: $21,300
Tax Amount: $6,034
Tax Year: 2025

Disclosures and Reports

Disclosures: Yes
Block: 485
Lot Number: 6

Listed by Keller Williams City Views Realty

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— 65 Stone St —

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201-538-0389

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Schools

Schools serving 65 Stone St

School District:Newark City School District

Name	Grades	Distance
Franklin Elementary School, Newark, NJ 42 Park Avenue, Newark, NJ 07104	PK-4	0.1 mi
McKinley Elementary School, Newark, NJ 1 Colonnade Place, Newark, NJ 07104	K-4	0.3 mi
Dr. E. Alma Flagg Elementary School 150 Third St, Newark, NJ 07104	K-4	0.7 mi
Barringer High School 90 Parker Street, Newark, NJ 07104	9-12	0.3 mi
Technology High School 223 Broadway, Newark, NJ 07102	9-12	0.4 mi
West Side High School 403 South Orange Avenue, Newark, NJ 07103	9-12	1.7 mi
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104	PK-4	0.7 mi
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107	5-8	0.8 mi
Sussex Avenue Elementary School 307 Sussex Avenue, Newark, NJ 07107	K-4	0.8 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 65 Stone St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/14/2026

Listed

$499,000

51.21%

MLS

1/31/2008

Sold

$330,000

—

Public Record

Get Price Alerts and Save Property

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 65 Stone St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$5,739

$150,900

—

2022

$5,638

—

$150,900

—

2021

$5,635

33%

$150,900

—

2021

$4,248

-25%

$150,900

—

2019

$5,675

29%

$150,900

27%

2018

$4,395

$119,000

—

2017

$4,236

$119,000

—

2016

$4,094

$119,000

—

2015

$3,938

12%

$119,000

—

2013

$3,514

—

$119,000

—

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 65 Stone St

65 Stone St, Newark, NJ 07104 (MLS# 4020475) is a Multi-Family property with 2 units containing 7 bedrooms and 2 full bathrooms. 65 Stone St is currently listed for $499,000 and was received on April 14, 2026. Want to learn more about 65 Stone St? 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.

Tour this property

65 Stone St Newark, NJ 07104

Full Property Details for 65 Stone St

General

Interior

Rooms

Bathrooms

Bedrooms

Exterior

Location

Heating & Cooling

Utilities

Structural Information

Unit Information

Unit 1

Unit 2

Lot Features

Financial Considerations

Disclosures and Reports

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Quickly Find Out More

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Schools serving 65 Stone St

Price & Sales History for 65 Stone St Get Price Alerts and Save Property

Tax History for 65 Stone St

Estimate the Cost for 65 Stone St

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