39 Lincoln Park

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39 Lincoln Park

Newark, NJ 07102
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 29 Units <p><strong>Investment Highlights – 39–41 Lincoln Park</strong></p><ul><li>​<strong>Fully Occupied Asset:</strong> Stabilized multifamily property with 100% occupancy, providing immediate and consistent cash flow.</li><li>​<strong>Prime Lincoln Park Location:</strong> Situated in Newark’s rapidly evolving Lincoln Park district, benefiting from ongoing redevelopment and increasing demand.</li><li>​<strong>Strong Rental Demand:</strong> Proximity to Downtown Newark, major employers, and transit hub

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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