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$949,000   Price Analysis
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247-249 Lafayette St
Newark, NJ 07105
9 bed 3 bath 3,800 SqFt ($249/SqFt)
3,485SqFt lot. Built 1940
Listed 2024-06-03
Ⓧ USDA Ineligible
due to price & location

near Newark

Big apartments

All occu pied. By request owner will give to the buyr 1st floor apartment vacant.

Garage and Parking space rented for $600.00 M/M


Presented by EDUARDO FILIPE VIEGAS at
Sky Realty Associates LLC.
Listing Agent Photo

Property MLS #3905405 from GardenState

Bedrooms: 9

Total Bathrooms: 3.00
Full Bathrooms: 3

Carbon Monoxide Detector
Fire Extinguisher
Smoke Detector
Tile Floors
Wood Floors

17
Basement Description: Unfinished

Cooling Features: Window A/C(s)
Heating Features: 3 Units, Baseboard - Hotwater
Heating Fuel: Gas-Natural

Partially Fenced

Lot Description: Flag Lot, Level Lot
Lot Size Acres: 0.08
Lot Size Square Feet: 3485

Driveway: 2 Car Width, Driveway-Exclusive
Garage Spaces: 2
Garage Description: Detached Garage
Parking Total: 2

Gross Income: 76800

Number of Units: 3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 3
Total Bathrooms in Unit-1: 1.0
Total Bathrooms in Unit-2: 1.0
Total Bathrooms in Unit-3: 1.0
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 6
Total Rooms in Unit-3: 6
Unit-1 Description: Bedrooms, Eat-In Kitchen, Living Room
Unit-2 Description: Bedrooms, Dining Room, Kitchen, Living Room
Unit-3 Description: Bedrooms, Dining Room, Kitchen, Living Room
Unit-1 Furnished Description: Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Smoke Detector
Unit-2 Furnished Description: Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Smoke Detector
Unit-3 Furnished Description: Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Smoke Detector
Unit-1 Square Feet: 1200
Unit-2 Square Feet: 1300
Unit-3 Square Feet: 1300
Unit 1 Total Actual Rent: 2200
Unit 2 Total Actual Rent: 1800
Unit 3 Total Actual Rent: 1800

Annual Tax Amount: 9439
Source Listing Status: Active
County: Essex
Directions: Google
Tax Year: 2023
Source Property Type: Multi-Family
Exclusions: All personal property
Home Warranty: No
Source Neighborhood: Ironbound
Subdivision: Ironbound
Source System Name: C2C

Listed 2024-06-03
$949,000
GardenState

Net Operating Income: 59346
Operating Expense: 17454
Operating Expense Includes: Cold Water, Insurance, Taxes

Access: No

Year Built: 1940
Building Exterior Type: Brick, Wood Shingle
Property Age: 84
Roof: Asphalt Shingle
House Style: 3-Three Story
Year Built Details: Approximate, Renovated
Year Remodeled: 2023

Sewer: Public Sewer
Cable TV Available
Garbage Included
Water Source: Public Water

Other Equipment: Gas

Lafayette Street Elementary School is a public elementary and middle school located approximately 0.1 miles away.
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East Side High School is a public high school located approximately 0.4 miles away.
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Ironbound Catholic Academy is a private elementary and middle 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.