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$805000   Price Analysis
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161 S 8th St
Newark, NJ 07107
6 bed 5 bath 3819 SqFt ($210/SqFt)
2614SqFt lot. Built 2024
Listed 2024-06-27
Ⓧ USDA Ineligible
due to price & location

near Newark

Brand new 2-family home undr construction.

Quality construction featuring 7+6 room apartments. Ground floor offers 2-car built in garage and a large rec room with half bath. Central air conditioning with hardwood floors and ceramic tile throughout.

Eligible for 5 year tax abatement. Floor plan in media section. Liste d rent for each unit is estimated. Finished home is delivered fully vacant. Estimated occupancy for January 2025


Presented by Shawn Rosa at
ROSA AGENCY.
Listing Agent Photo

Property MLS #3910324 from GardenState

Bedrooms: 6

Total Bathrooms: 4.10
Full Bathrooms: 4
1/2 Bathrooms: 1

13
Basement Description: Slab

Cooling Features: 2 Units
Heating Features: 2 Units
Heating Fuel: Gas-Natural

Driveway: Driveway-Exclusive
Garage Spaces: 2
Garage Description: Built-In Garage
Parking Total: 1

Lot Size Acres: 0.06
Lot Size Square Feet: 2614

Number of Units: 2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Total Bathrooms in Unit-1: 2.5
Total Bathrooms in Unit-2: 2.0
Total Rooms in Unit-1: 7
Total Rooms in Unit-2: 6
Unit-1 Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Rec Room
Unit-2 Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room
Unit-1 Furnished Description: Dishwasher, Range/Oven - Gas
Unit-2 Furnished Description: Dishwasher, Range/Oven - Gas
Unit-1 Square Feet: 2546
Unit-2 Square Feet: 1273
Unit 2 Total Actual Rent: 2400

Annual Tax Amount: 1166
Source Listing Status: Active
County: Essex
Directions: On South 8th Street between 11th Avenue and 12th Avenue.
Tax Year: 2023
Source Property Type: Multi-Family
Home Warranty: No
Source Neighborhood: West Ward
Subdivision: West Ward
Source System Name: C2C

Listed 2024-06-27
$805000
GardenState

Access: No

Total Square Feet Living: 3819
Year Built: 2024
Building Exterior Type: Brick, Vinyl Siding
New Construction: Yes
Property Condition: Under construction
Roof: Asphalt Shingle
House Style: 3-Three Story
Year Built Details: Under Construction

Sewer: Public Sewer
Water Source: Public Water

Other Equipment: Gas

Thirteenth Avenue Elementary School is a public elementary and middle school located approximately 0.2 miles away.
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Provision of Promise Academy is a private elementary and middle school located approximately 0.2 miles away.
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Newark Early College High School is a public middle and high school located approximately 0.4 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.