$599999 Price Analysis    ♡   Newark, NJ 07103 9 bed 5 bath unknown SqFt ($0/SqFt) 2614SqFt lot. Built 1908 Listed 2024-06-10, Taxes $13044 | Ⓧ USDA Ineligible due to location near Newark |
Welcome to this exceptional investment opportunity!
* Sale Pending *This renovated three-family property not offers a prime investment for savvy buyers but also includes a sustainable edge with solar panels to assst with electric bills. With two units set to be delivered vacant at closing, the p ossibilities are endless.Featuring an impressive layout, this property boasts two units with three bedrooms and two baths each, along with an additional unit offering three bedrooms and one bath.
Whether you're an investor seeking strong rental potential or an owner-occupant aiming to reduce mortgage expenses significantly, this property caters to your needs. The recent renovations ensure modern comforts and aesthetics, making it an attractive choice for tenants or future homeowners alike. Property taxes have been appealed and will be reduced to an estimated $9000/ year. Changes should come into effect around August 2024 per tax collector. Please verify with tax collector for more details.
Presented by Khamely Rodriguez at
Prominent Properties Sotheby's International Realty.
Property MLS #3906851 from GardenState
Full Bathrooms: 5
Basement Description: Full, Unfinished
Heating Fuel: Gas-Natural
Garage Description: On-Street Parking
Lot Size Square Feet: 2614
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 3
Total Bathrooms in Unit-1: 1.0
Total Bathrooms in Unit-2: 2.0
Total Bathrooms in Unit-3: 2.0
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 5
Total Rooms in Unit-3: 5
Unit-1 Description: Bedrooms, Eat-In Kitchen, Living Room
Unit-2 Description: Bedrooms, Eat-In Kitchen, Living Room
Unit-3 Description: Bedrooms, Eat-In Kitchen, Living Room
Unit-1 Furnished Description: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Unit-2 Furnished Description: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Unit-3 Furnished Description: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Unit 1 Total Actual Rent: 1550
Source Listing Status: Under Contract
County: Essex
Directions: 14th Ave to 10th Street
Tax Year: 2023
Source Property Type: Multi-Family
Exclusions: Seller's personal items
Source System Name: C2C
Coming Soon Date: 2024-06-15
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $318600 + $31300 $349900 | $13044 |
| 2022 | $318600 + $31300 $349900 | $13072 |
| 2021 | $318600 + $31300 $349900 | $13065 |
| 2020 | $148700 + $31300 $180000 | $6840 |
| 2019 | $148700 + $31300 $180000 | $6769 |
| 2018 | $148700 + $31300 $180000 | $6647 |
| 2015 | $148700 + $31300 $180000 | $5956 |
| 2014 | $148700 + $31300 $180000 | $5581 |
| 2013 | $148700 + $31300 $180000 | $5315 |
| 2012 | $134700 + $27500 $162200 | $5599 |
| 2010 | $134700 + $27500 $162200 | $5157 |
| 2009 | $134700 + $27500 $162200 | $4442 |
| 2008 | $134700 + $27500 $162200 | $4215 |
| 2007 | $134700 + $27500 $162200 | $4038 |
$0
NewJerseyMLS
Listed 2024-06-11
$599999
NewJerseyMLS
Listed 2024-06-10
$599999
GardenState
Listing removed 2023-09-19
$0
GardenState
Listing removed 2023-09-18
$0
NewJerseyMLS
Listed 2023-05-02
$630000
NewJerseyMLS
Listed 2023-05-02
$630000
GardenState
Sold 2020-04-02
$450000
Public Record
Listing removed 2020-01-22
$399000
NewJerseyMLS
Listing removed 2020-01-22
$399000
NewJerseyMLS
Listing removed 2019-08-28
$0
GardenState
Price Changed 2019-06-25
$399000
GardenState
Listed 2019-04-19
$399900
NewJerseyMLS
Listed 2019-04-18
$399900
GardenState
Listing removed 2019-04-09
$0
AppfolioUnits
Listing removed 2019-04-08
$1550
AppfolioUnits
Listed for rent 2019-04-03
$1550
AppfolioUnits
Sold 2009-09-17
$36000
Public Record
Sold 2007-07-02
$345000
Public Record
Sold 1992-09-25
$62000
Public Record
Sold 1992-08-05
$62000
Public Record
Building Exterior Type: Vinyl Siding
Property Age: 116
Roof: Asphalt Shingle
House Style: 3-Three Story
Year Built Details: Approximate
Water Source: Public Water
Map directions Map directions Map directions
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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.