About 129-131 Carolina Ave
Well-maintained 4-family property offering 8 bedrooms and 4 full bathrooms, providing an excellent opportunity for rental income. Features include beautiful hardwood floors, a roof replaced in 2025, newer furnace and windows, and full-size basement offering tremendous potential for additional use or storage. Conveniently located approximately 15 minutes from Newark Airport. A great opportunity for investors looking to add a strong income-producing property to their portfolio. All units are currently occupied. Buyer to conduct their own due diligence regarding leases, rents, expenses, and property condition.
Features of 129-131 Carolina Ave
| MLS® # | 4049289 |
|---|---|
| Price | $830,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Acres | 0.10 |
| Year Built | 1932 |
| Type | Multi Family |
| Style | Fourplex |
| Status | Active |
Community Information
| Address | 129-131 Carolina Ave |
|---|---|
| City | Newark City |
| County | Essex |
| State | NJ |
| Zip Code | 07106-2730 |
Amenities
| Utilities | Gas In Street |
|---|---|
| Parking Spaces | 6 |
| Parking | 2 Car Width, Additional Parking, Blacktop, Driveway-Exclusive, Off-Street Parking |
| Has Pool | No |
Interior
| Interior Features | Fire Extinguisher, High Ceilings, Smoke Detector, Tile Floors, Wood Floors |
|---|---|
| Heating | Electric, Gas-Natural |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Bilco-Style Door, Finished-Partially, Full, Walkout |
Exterior
| Exterior | Aluminum Siding, Brick |
|---|---|
| Exterior Features | Curbs, Sidewalk |
| Roof | Asphalt Shingle |
Additional Information
| Date Listed | August 27th, 2026 |
|---|---|
| Days on Market | 43 |
Listing Details
| Office | REALTY ONE GROUP LIVING |
|---|---|
| Contact Info | 201-279-2264 |