49-51 Crawford St, Newark City, NJ 07102

Property Description

Turnkey, vacant 3-family investment opportunity in excellent condition! Delivered completely VACANT, this well-maintained property offers immediate flexibility for owner-occupants, investors, and multigenerational living. Property Features include 2-car garage and 2-car driveway, a new roof, New HVAC systems, as well as spacious and functional layouts throughout. Live in one unit while the other two help offset your mortgage, or maximize cash flow by leasing all three units at market rents. Strong rental income potential with projected market rents of approximately $8,000"$9,000+ per month (subject to market conditions and tenant profile). Conveniently located just minutes from the Ironbound, Downtown Newark, Newark Penn Station, Newark Liberty International Airport, major highways, shopping, dining, and public transportation. A rare opportunity combining vacant delivery, modern updates, excellent income potential, and long-term investment value.