About This Home

This 9-bedroom, 3-bathroom residential multi family at 72 Sunset Ave in Newark City, NJ is listed for $699,500. Built in 1915, on a 0.14 acres lot.

Key Features

  • Built in 1915
  • 0.14 acre lot
  • 2 stories
  • 6 parking spaces

Property Details

2 stories
3 full
3-car garage
1915

Amenities

A/C
Listing Description

Welcome to an exceptional two family opportunity where space, location, and income potential come together! Beautifully renovated across three floors on an oversized double lot. This home delivers the scale, flexibility, and cash-flowing potential today's buyers want and just minutes from Seton Hall University, South Orange, and the Garden State Parkway.

Step through a sunny front porch into sun drenched interiors with hardwood floors, central HVAC, and stylish kitchens featuring Samsung appliances, granite countertops, and abundant cabinetry overlooking a sprawling backyard built for entertaining. Both units offer flexible 3"4 bedroom layouts, separate living and dining areas, and a bonus sunroom perfect as a home office, or playroom & porch access.

Fully finished basement adds massive value with a full bath and stall shower, laundry, potential kitchenette, extra rooms, recreation space, and abundant storage. Outside, enjoy a fenced yard, extended driveway, and a rare oversized three car garage delivering parking most buyers only dream of.

Rents estimated at $3,500-$4,000 for the first-floor unit inc basement. Alternatively $2,500"$3,000 per unit, plus potential income from parking and laundry creating a true cash-flowing asset. Minutes to major highways, Newark Airport, and NYC transit. Qualified buyers may access grant programs through approved lenders for down payment, closing cost. Home has been virtually staged in the interim.

Monthly Cost Estimate

$3,741/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,031
Insurance$204

Estimates only. Actual payments may vary.

Location

72 Sunset Ave

Newark City, NJ 07106

Features & Amenities

Interior Features

BlindsCarbon Monoxide DetectorFire ExtinguisherSmoke DetectorStain Glass WindowsTile FloorsWood Floors

Exterior Features

Metal FenceOpen Porch(es)Wood Fence

Property Details

Outdoor Features

Porch

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 9-bedroom, 3-bathroom residential multi family at 72 Sunset Ave is listed at $699,500. The estimated monthly payment is $3,741 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1915, 0.14 acre lot, 2 stories, 6 parking spaces. Interior Features: Blinds, Carbon Monoxide Detector, Fire Extinguisher. Exterior Features: Metal Fence, Open Porch(es), Wood Fence.

This property is listed by DARRELL BAILEY.

DB

DARRELL BAILEY

Agent at RE/MAX First Realty II

Listed by RE/MAX First Realty II · Broker phone: (908) 664-1500 · View on Broker Site

MLS# 4045728· Source: Garden State MLS, LLC· 81 days on PropertySimple

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

72 Sunset Ave, Newark City, NJ 07106

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