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$779,900   Price Analysis
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642 Bergen St
Newark, NJ 07108
6 bed 5 bath 2,400 SqFt ($324/SqFt)
2,614SqFt lot. Built 2024
Listed 2024-01-07, Taxes $810
Ⓧ USDA Ineligible
due to price & location

near Newark

Welcome home to this to-be newly constructed 3-story

* Sale Pending *

2-family property in the heart of Newark. The first unit will be a 2 story unit that contains 3 bedrooms and 2 1/2 baths plus a rec room/bedroom, extra 1/2 bath, laundry room and garage (accessed via interior stairs) on the ground level. The second unit will be on the 3rd floor and contain 3 bedrooms and 2 baths .

Both units will have ultra-modern kitchens with a full stainless steel appliance package, an open floor plan and impeccable hardwood floors. The many windows throughout each unit which afford lots of natural sunlight. Both units have central air, laundry, separate utilities and a private fenced backyard. Furthermore, the property will qualify for a 5 year property tax abatement (subject to the City f Newark's approval of the Buyer's application).


Presented by JOSEPH ROMANO at
NJ REALTY SYSTEMS LLC.


Property MLS #3880424 from GardenState

Bedrooms: 6

Total Bathrooms: 5.00
Full Bathrooms: 5

13

Cooling Features: 2 Units, Central Air
Heating Features: 2 Units, Forced Hot Air
Heating Fuel: Gas-Natural

Driveway: Driveway-Exclusive, Off-Street Parking
Garage Description: Built-In Garage
Parking Total: 2

Lot Size Acres: 0.06
Lot Size Square Feet: 2614

Gross Income: 9999

Number of Units: 2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Total Bathrooms in Unit-1: 3.0
Total Bathrooms in Unit-2: 2.0
Total Rooms in Unit-1: 7
Total Rooms in Unit-2: 6
Unit-1 Description: Bedrooms, Family Room, Kitchen, Living/Dining Room, Rec Room
Unit-2 Description: Bedrooms, Family Room, Kitchen, Living/Dining Room
Unit-1 Furnished Description: Carbon Monoxide Detector, Dishwasher, Fire Alarm System, Kitchen Exhaust Fan, Microwave Oven, Range/Oven - Gas, Refrigerator
Unit-2 Furnished Description: Carbon Monoxide Detector, Dishwasher, Fire Alarm System, Kitchen Exhaust Fan, Microwave Oven, Range/Oven - Gas, Refrigerator
Unit-1 Square Feet: 1200
Unit-2 Square Feet: 1200
Unit 1 Total Actual Rent: 9999
Unit 2 Total Actual Rent: 9999

Annual Tax Amount: 810
Source Listing Status: Under Contract
County: Essex
Directions: GPS
Tax Year: 2022
Source Property Type: Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $21,700
$21,700
$810
2021$unknown + $21,700
$21,700
$810
2020$unknown + $21,700
$21,700
$824
2019$unknown + $21,700
$21,700
$816
2017$unknown + $21,700
$21,700
$772
2016$unknown + $21,700
$21,700
$746
2015$unknown + $21,700
$21,700
$718
2014$unknown + $21,700
$21,700
$672
2013$unknown + $21,700
$21,700
$640
2012$unknown + $21,400
$21,400
$738
2010$unknown + $21,400
$21,400
$680
2009$unknown + $21,400
$21,400
$586
2008$unknown + $21,400
$21,400
$556
2007$unknown + $21,400
$21,400
$532

Price Changed 2024-04-02
$779,900
GardenState
Listed 2024-01-07
$795,000
GardenState
Sold 2023-01-23
$130,000
Public Record
Listing removed 2021-11-16
$0
GardenState
Listed 2021-09-08
$135,000
GardenState
Listing removed 2009-07-26
$110,000
HudsonCounty
Listed 2008-10-23
$110,000
HudsonCounty
Sold 2003-12-11
$55,000
Public Record

Net Operating Income: 9999
Operating Expense: 9999

Access: No

Year Built: 2024
Building Exterior Type: Stucco, Vinyl Siding
New Construction: Yes
Roof: Asphalt Shingle
House Style: 3-Three Story
Year Built Details: To Be Built

Sewer: Public Sewer
Water Source: Public Water

Achieve Community Charter School is a public elementary school located approximately 0.2 miles away.
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Avon Avenue School is a public elementary and middle school located approximately 0.3 miles away.
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Newark Innovation Academy is a public high school located approximately 0.4 miles away.
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Dr Thomas Christian Academy is a private elementary, middle and high school located approximately 0.9 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.