Property Description

Downtown Newark is growing and opportunities to own a multifamily right in the middle of that growth don't come around every day. 409 Halsey St gives an investor or owner-occupant the chance to own a property surrounded by new development and continued investment throughout the city.The building has something many multifamily properties don't character. Exposed brick, hardwood floors, high ceilings, large rooms and updated kitchens and baths give the units a true downtown feel. Live in one and collect rent from the others, or add the entire property to your investment portfolio.Location, location, location; Step outside and you're already on Halsey Street, with restaurants, lounges and entertainment nearby. Prudential Center, Newark Penn Station, NJPAC, downtown businesses and universities are all within the surrounding downtown area. When there's a Devils game, concert or event at Prudential Center, you're living or investing right where people are coming to be.Meanwhile, Downtown Newark continues to see new residential construction and redevelopment, including newer buildings already surrounding the property. Add convenient access to NYC, Newark Liberty International Airport, Route 21, I-280 and the Garden State Parkway, and you can see why location matters here.You're buying a downtown Newark property with rental income potential, owner-occupant possibilities and a front-row seat to what's happening around it.

Property Features