148 4th Ave, Newark City, NJ 07104

11% Cap Rate: Cash Cow! Improved Price! Perfect for investors or owner occupants looking to dwell in one unit and rent out the other! Completely renovated two family with a finished attic and a fully finished basement with a full walkout. Located in the highly sought after North Ward of Newark. Centralized location off of Bloomfield Ave: nearby schools, restaurants, places of worship, Branch Brook Park and Newark Penn Station. Updated plumbing, electric, roof, fencing, pavers, panels, and more. Can come fully furnished and be delivered vacant. Taxes recently appealed and reduced from $15,000 (2023) down to $11,887.95 (2025). This is a unique, one of a kind property that will not last!