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$799,000   Price Analysis
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478 Fabyan Pl
Newark, NJ 07112
8 bed 5 bath unknown SqFt ($0/SqFt)
4,792SqFt lot. Built 1952
Listed 2024-06-14
Ⓧ USDA Ineligible
due to price & location

near Newark

Well maintained four family property in a extraordinary location on the border of Hillside and Newark.

Located near major highways, minutes from Newark international airport, 30 minutes to NYC and easy access to public transportation.

Separate utilities, gas and electric, for each unit. Fully occupied wit h great tenants n good standing. Video walkthrough of each unit available upon request.


Presented by Patrick Dwyer at
EXIT REALTY LUCKY ASSOCIATES.
Listing Agent Photo

Property MLS #3907815 from GardenState

Bedrooms: 8

Total Bathrooms: 5.00
Full Bathrooms: 5

Carbon Monoxide Detector
Fire Extinguisher
Smoke Detector
Wood Floors

14
Basement Description: Full, Unfinished

Heating Features: 4 Units
Heating Fuel: Gas-Natural

Sidewalk

Driveway: 1 Car Width, Blacktop, Driveway-Exclusive
Parking Total: 3

Lot Size Acres: 0.11
Lot Size Square Feet: 4792

Gross Income: 80640

Number of Units: 4
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 2.0
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: 6
Total Rooms in Unit-2: 4
Total Rooms in Unit-3: 2
Total Rooms in Unit-4: 2
Unit-1 Description: Bedrooms, Kitchen, Living Room
Unit-2 Description: Bedrooms, Kitchen, Living Room
Unit-3 Description: Bedrooms, Kitchen
Unit-4 Description: Bedrooms, Kitchen
Unit-1 Furnished Description: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit-2 Furnished Description: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit-3 Furnished Description: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit-4 Furnished Description: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit-1 Square Feet: 1
Unit-2 Square Feet: 1
Unit-3 Square Feet: 1
Unit-4 Square Feet: 1
Unit 1 Total Actual Rent: 2500
Unit 2 Total Actual Rent: 1470
Unit 3 Total Actual Rent: 1250
Unit 4 Total Actual Rent: 1500

Annual Tax Amount: 9525
Source Listing Status: Active
County: Essex
Directions: 478 Fabyan Pl
Tax Year: 2023
Source Property Type: Multi-Family
Exclusions: Tenant personal items
Home Warranty: No
Zoning: R2
Source System Name: C2C

Listing removed 2024-06-15
$0
GardenState
Listed 2024-06-14
$799,000
GardenState
Listed 2024-03-25
$815,000
GardenState

Net Operating Income: 66940
Operating Expense: 13697
Operating Expense Includes: Cold Water, Insurance, Taxes

Year Built: 1952
Building Exterior Type: Brick, Vinyl Siding
Property Age: 72
Roof: Asphalt Shingle
House Style: 2-Two Story, Fourplex
Year Built Details: Approximate

Sewer: Public Sewer
Water Source: Public Water

Chancellor Avenue Elementary School is a public elementary and middle school located approximately 0.4 miles away.
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Eagle Academy for Young Men of Newark is a public middle and high school located approximately 0.4 miles away.
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Weequahic High School is a public high school located approximately 0.4 miles away.
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Theodore Brown Christian Acade is a private elementary and middle school located approximately 0.5 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.