13 May St

Newark, NJ 07104

$898,000
Price
10
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Description

Rare investment opportunity in North Newark offering a 7% cap rate with strong upside potential. Fully occupied property featuring a unique side-by-side layout with two spacious 3 story units, each offering 5 bedrooms, multiple bathrooms, and large living areas. Additional income potential with 4 detached garage/storage units, a large finished basement with separate entrance, and a central laundry room. Property includes separate heating systems for each unit and a private driveway leading to a 4-car...Rare investment opportunity in North Newark offering a 7% cap rate with strong upside potential. Fully occupied property featuring a unique side-by-side layout with two spacious 3 story units, each offering 5 bedrooms, multiple bathrooms, and large living areas. Additional income potential with 4 detached garage/storage units, a large finished basement with separate entrance, and a central laundry room. Property includes separate heating systems for each unit and a private driveway leading to a 4-car garage. Conveniently located near NYC transportation, major highways, schools, shopping, and public transit. Ideal for investors seeking stable cash flow with value-add potential.
  1. Listed by FRANCIS SHEARON • ROBERT DEFALCO REALTY LLC

Property Details for 13 May Street

Directions
Wakeman Ave to May Street
Days On Market
30
LISTING UPDATED: 04/24/2026 01:25 AM

Property Details for 13 May Street

StatusActive
MLS #4018225
Days on Market36
Taxes$10,901 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1899
Lot Size0.12 AC / 5,227 SF
CountyEssex County
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Location

Listing Courtesy of ROBERT DEFALCO REALTY LLC, FRANCIS SHEARON
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Building Information for 13 May Street

Stories-Residences2Year Built1899Building Size-Lot Size0.12 AC / 5,227 SF

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$5,430 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,522

Property Taxes

$908

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 13 May Street

Summary
Location and General Information
  • Address Included: Y
  • Active Days on Market: 21
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 621
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • # Parking Spaces: 10
  • County Or Parish: Essex
  • Street Name: May St
  • Zip Code: 07104-3012
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $10,901
  • Street name Tax: *
  • Zip Code Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 272600.0
  • Tax ID For Property: 1614-00621-0000-00026-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2025
  • Tax Year: 2025
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Additional Parking, Blacktop, Driveway-Exclusive, Fencing, Off-Street Parking, On-Street Parking
Property
Lot Information
  • Lot Identifier: 26
  • Approximate Lot Size: 5240 SF
  • Total Acres: 0.12
  • Construction Date/Year Built: 1899
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 236100.0
  • Assessment Land: 36500.0
Utilities
  • Cooling: Window A/C(s)
  • Utilities: All Underground
  • Water: Public Water
  • Heating: 2 Units, Radiators - Steam
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: CarbMDet, CookGas, Dryer
  • Unit 1 Baths: 4.0
  • Unit 1 Bedrooms: 5
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 3623.0
  • Unit 1 Room Description: Bedrooms
  • Unit 1 Rooms: 9.0
  • Unit 1 Security Deposit: 3623.0
  • Unit 1 Sq Ft: 1710.0
Unit 2 Information
  • Unit 2 Appl/Equip: CarbMDet, CookGas, Dryer
  • Unit 2 Baths: 7.0
  • Unit 2 Bedrooms: 5
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 2700.0
  • Unit 2 Room Description: Bedrooms
  • Unit 2 Rooms: 8.0
  • Unit 2 Security Deposit: 2700.0
  • Unit 2 Sq Ft: 1710.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $18,000.00
  • Net Operating Income: $62,276.00
  • Gross Operating Income: $82,476.00

Property History for 13 May Street

DateEvent & SourcePriceAppreciation
Apr 24, 2026

Price Change

GSMLS #4018225

$898,000—
Mar 24, 2026

Price Change

GSMLS #4018225

$918,888—
Mar 24, 2026

Listed (Active)

GSMLS #4018225

$898,000—
DateEvent & SourcePrice
04/24/2026

Price Change

GSMLS #4018225

$898,000
03/24/2026

Price Change

GSMLS #4018225

$918,888
03/24/2026

Listed (Active)

GSMLS #4018225

$898,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 13 May Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Luis Munoz Marin Elementary School
Public - PK to 8
Roberto Clemente Elementary School
Public - PK to 8
Elliott Street Elementary School
Public - PK to 8
Rafael Hernandez Elementary School
Public - PK to 8
Rating
School
Distance
Luis Munoz Marin Elementary School
PublicPK to 8

Roberto Clemente Elementary School
PublicPK to 8

Elliott Street Elementary School
PublicPK to 8

Rafael Hernandez Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 13 May Street, Newark, NJ 07104

13 May Street is a multi-family home for sale in Newark, NJ 07104. This property was listed for sale on March 24, 2026 by ROBERT DEFALCO REALTY LLC, it's currently listed at $898,000. It has been on the market for a total of 36 days and was last sold on October 13, 2017. This listing's school district is The Newark Public School District. Nearby schools include Luis Munoz Marin Elementary School, Roberto Clemente Elementary School and Elliott Street Elementary School. 13 May Street is a 10-bed, 5-bath, multi-family home built in 1899.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ROBERT DEFALCO REALTY LLC, FRANCIS SHEARON

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 04/30/2026 11:20 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 04/30/2026 11:20 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.