Located at 581 S 17th St, Newark, NJ, this well-positioned 2-family home offers a powerful opportunity for both investors and owner-occupants. Each unit features an identical 3-bedroom, 1-bath layout with spacious living areas and strong rental appeal, making it ideal for consistent income and long-term value. The property is fully occupied on month-to-month leases, with tenants currently being assisted through professional relocation creating flexibility for a new owner to move in, set market rents, or both. For an owner-occupant, this is a prime house-hacking opportunity; live in one unit while the other helps offset your mortgage and build equity faster. Located in a commuter-friendly area with access to major highways, public transit, shopping, and dining, this property checks both lifestyle and investment boxes. From a market standpoint, multifamily demand in Newark and Essex County continues to rise, with home values increasing approximately 5"7% year-over-year and strong rental demand supporting long-term growth. This positions the property as a smart buy in a market trending upward.Whether you're looking to live strategically or invest intelligently, this is an opportunity to do both while securing a foothold in one of North Jersey's most active real estate markets!

Property Details of 581 S 17th Street

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Listed by Cooper Mckelvey Real Estate Co. / Tayllor Cooper (9734247066)

 Based on information submitted to GSMLS as of June 13, 2026 7:46 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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