435 Kerrigan Blvd | Newark City

$800,000 | 8 Beds (4 Full) | 6,300 Sq. Ft.

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 GSMLS 4048578

Directions to property: Ivy Hill / Vailsburg

MLS Listing ID: 
GSMLS 4048578
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Coming Soon
Listing Status Accepting Offers: 
0
Community Information
Subdivision: 
Upper Vailsburg
Building Details
Details about the building on a property.
Architectural Style: 
2-Two Story
Stories: 
2
Year Built: 
1930
New Construction: 
0
Living Area: 
6,300
Basement: 
Finished-Partially, Full, Walkout
Interior: 
Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room, Pantry
Construction
Roof: 
Asphalt Shingle, Flat
Exterior: 
Brick
Exterior Features: 
Curbs, Sidewalk
DisabilityFeatures: 
No
Energy Information: 
Electric, Gas-Natural
Porch: 
No
Deck: 
No
Room Details
Details about the rooms in the building.
Total Rooms: 
16
Total Bedrooms: 
8
Total Bathrooms: 
0
Total Full-Bathrooms: 
4
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
4+ Units, Radiators - Hot Water
Heating System Fuel: 
Gas-Natural
Water Heating System: 
Electric
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.16
Waterfront: 
0
Lot Features
Driveway: 
Additional Parking, Blacktop, Off-Street Parking
Parking Type: 
Additional Parking, Blacktop, Off-Street Parking
Total Parking Spaces: 
3
Garage: 
Detached Garage
Pool: 
No
Fence: 
No
Public Record
Parcel Number: 
1614-04129-0000-00017-0000-
Lot Number: 
17
Annual Tax: 
$10,277.00
Property Zoning: 
Residential
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
8/24/2026
Contract Details
Details about the listing contract.
Inclusions: 
Carbon Monoxide Detector, Fire Alarm System, Range/Oven - Gas, Refrigerator, Smoke Detector
Possession: 
Y
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
COLDWELL BANKER REALTY