157 Milford Ave, Newark City, NJ 07108
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157 Milford Ave, Newark City, NJ 07108
157 Milford Ave, Newark City, NJ 07108
157 Milford Ave, Newark City, NJ 07108
157 Milford Ave, Newark City, NJ 07108
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Thomas Ciccarone

Thomas Ciccarone

+1(908) 448-8050
$ 420,000
Est. payment /mo
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157 Milford Ave Newark City, NJ 07108

6 Beds

2 Baths

3,484 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4058117

Style 2-Two Story

Bedrooms 6

Full Baths 2

Annual Tax Amount $5,694

Tax Year 2025

Lot Size 3,484 Sqft

Property Description

Welcome to 157 Milford Avenue, a two-family property generating $3,800 in monthly rental income, totaling $45,600 annually! Each unit features 3 bedrooms, 1 full bathroom, a living room, dining room, and kitchen. The first-floor unit was fully renovated in 2026 and is currently rented for $2,300/month under a one-year lease. The second-floor unit is rented for $1,500/month on a month-to-month basis, offering additional renovation and value-add potential. The unfinished basement includes plumbing hookups for a potential bathroom. The property also features a backyard with room for improvements and is situated on a dead-end street with street parking available. Property needs renovations and is being sold strictly AS IS. An excellent opportunity for investors looking to generate immediate rental income while building long-term equity through property improvements!

Location

State NJ

County Essex

Rooms

Basement Unfinished

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature See Remarks

Utilities Available See Remarks

Roof Type See Remarks

Garage No

Building

Sewer Public Sewer, See Remarks

Water Public Water

Architectural Style 2-Two Story

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by REALTY ONE GROUP SUNRISE

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Thomas Ciccarone
Thomas Ciccarone

Sales Associate License ID: 1867455

+1(908) 448-8050

www.tcsellsnj.com

716 Route 206, Hillsborough, NJ 08844, United States

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Coldwell Banker Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

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157 Milford Ave

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