$650000 Price Analysis    ♡   Newark, NJ 07112 9 bed 4 bath 39996 SqFt ($16/SqFt) 4792SqFt lot. Built 1930 Listed 2024-04-16, Taxes $8862 | Ⓧ USDA Ineligible due to location near Newark |
EXCELLENT INVESTMENT OPPORTUNITY - Turn Key and fully rented in sought after Weequohic Section
* Sale Pending *This large 4-family with LOW TAXES is an astute choice for those seeking a solid return on investment. All 4 units include large living rooms, eat-in kitchens, sizable bedrooms and high ceilings. Fully separate utilities. (PLEASE NOTE- current ren ts are low and not reflective of what they could be) Private driveway to large backyard for parking or recreational use.
Updates include attractive new entrance foyer and flooring throughout hallways (2023), 4 newer furnces (2021), new chimney liner (2022), sewer line completely replaced with PVC from basement to street. Only 2 blocks or .4 miles to Beth Israel Hospital, 3.5 miles to Seton Hall University and Whole Foods, walking distance to bus terminal with connections to Newark Penn Station, Newark Airport and NYC Port Authority, close to shops, restaurants, houses of worship.
Presented by BEVERLEY GAUDIO at
Coldwell Banker Realty.
Property MLS #3896225 from GardenState
Full Bathrooms: 4
Fire Extinguisher
High Ceilings
Skylight
Smoke Detector
Wood Floors
Basement Description: Full, Unfinished, Walkout
Heating Features: 4 Units, Baseboard - Electric, Radiators - Steam
Heating Fuel: Gas-Natural
Metal Fence
Sidewalk
Lot Size Acres: 0.11
Lot Size Square Feet: 4792
Parking Total: 8
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 3
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1.0
Total Bathrooms in Unit-2: 1.0
Total Bathrooms in Unit-3: 1.0
Total Bathrooms in Unit-4: 1.0
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 4
Total Rooms in Unit-3: 5
Total Rooms in Unit-4: 4
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-4 Description: Bedrooms, Eat-In Kitchen, Living Room
Unit-1 Furnished Description: Carbon Monoxide Detector, Fire Alarm System, Kitchen Exhaust Fan, Range/Oven - Gas, Smoke Detector
Unit-2 Furnished Description: Carbon Monoxide Detector, Fire Alarm System, Kitchen Exhaust Fan, Range/Oven - Gas, Smoke Detector
Unit-3 Furnished Description: Carbon Monoxide Detector, Fire Alarm System, Kitchen Exhaust Fan, Range/Oven - Gas, Smoke Detector
Unit-4 Furnished Description: Carbon Monoxide Detector, Fire Alarm System, Kitchen Exhaust Fan, Range/Oven - Gas, Smoke Detector
Unit-1 Square Feet: 9999
Unit-2 Square Feet: 9999
Unit-3 Square Feet: 9999
Unit-4 Square Feet: 9999
Source Listing Status: Under Contract
County: Essex
Directions: Lyon Ave or Nye to Clinton Pl to St James Place
Tax Year: 2023
Source Property Type: Multi-Family
Source Neighborhood: Weequohic
Subdivision: Weequohic
Zoning: Residential
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2020 | $202600 + $30600 $233200 | $8862 |
| 2019 | $202600 + $30600 $233200 | $8771 |
| 2018 | $202600 + $30600 $233200 | $8612 |
| 2017 | $202600 + $30600 $233200 | $8302 |
| 2016 | $202600 + $30600 $233200 | $8022 |
| 2015 | $202600 + $30600 $233200 | $7717 |
| 2014 | $202600 + $30600 $233200 | $7232 |
| 2013 | $202600 + $30600 $233200 | $6886 |
| 2012 | $132300 + $37000 $169300 | $5844 |
| 2010 | $132300 + $37000 $169300 | $5384 |
| 2009 | $132300 + $37000 $169300 | $4637 |
| 2008 | $132300 + $37000 $169300 | $4400 |
$650000
GardenState
Building Exterior Type: Aluminum Siding, Brick
Property Age: 94
Roof: Asphalt Shingle, Flat
House Style: 2-Two Story, Fourplex
Year Built Details: Approximate
Cable TV Available
Water Source: Public Water
Map directions 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.