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$700000   Price Analysis
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513 Clinton Ave Apt 3
Newark, NJ 07108
6 bed 5 bath 4500 SqFt ($155/SqFt)
3049SqFt lot. Built 2012
Listed 2024-06-12
Ⓧ USDA Ineligible
due to location

near Newark

Multi-unit property with 3 units newer building well maintained ready to go.

Two residential units with one unit occupied and second unit soon to be vcant calling all buyers utilize the rental income to pay your mortgage, The first floor is a commercial unit either re sign the current tenant or set up your own business.

Multi-unit property with 3 units newer building well maintained ready to go. Two residential units with one unit occupied and second unit soon to be vcant calling all buyers utilize the rental income to pay your mortgage, The first floor is a commercial unit either re sign the current tenant or set up your own business.


Presented by Steven. M Caputi at
VRI HOMES.
Listing Agent Photo

Property MLS #3907278 from GardenState

Bedrooms: 6

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

Smoke Detector
Wood Floors

15
Basement Description: Unfinished

Cooling Features: Central Air
Heating Features: 3 Units
Heating Fuel: Gas-Natural

Curbs
Metal Fence
Privacy Fence

Lot Description: Level Lot
Lot Size Acres: 0.07
Lot Size Square Feet: 3049

Driveway: 1 Car Width, Blacktop, Common
Garage Description: Additional 1/2 Car Garage
Parking Total: 4

Gross Income: 52800

Number of Units: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 3
Total Bathrooms in Unit-1: 0.5
Total Bathrooms in Unit-2: 2.0
Total Bathrooms in Unit-3: 2.0
Total Rooms in Unit-1: 1
Total Rooms in Unit-2: 5
Total Rooms in Unit-3: 5
Unit-2 Description: Bedrooms, Eat-In Kitchen, Living Room
Unit-3 Description: Bedrooms, Eat-In Kitchen, Living Room
Unit-1 Furnished Description: Fire Alarm System
Unit-2 Furnished Description: CarbMDet, CookGas
Unit-3 Furnished Description: CarbMDet, CookGas
Unit-1 Square Feet: 1200
Unit-2 Square Feet: 1200
Unit-3 Square Feet: 1200
Unit 1 Total Actual Rent: 1400
Unit 2 Total Actual Rent: 2000
Unit 3 Total Actual Rent: 2000

Senior Community: Yes

Annual Tax Amount: 10848
Source Listing Status: Active
County: Essex
Directions: on the down side of clinton ave close to police headquarters
Tax Year: 2023
Source Property Type: Multi-Family
Home Warranty: No
Source Neighborhood: upper clinton hill
Subdivision: upper clinton hill
Source System Name: C2C

Listed 2024-06-12
$700000
GardenState
Listing removed 2022-09-01
$0
GardenState
Listed 2021-12-23
$700000
GardenState

Net Operating Income: 39300
Operating Expense: 13500
Operating Expense Includes: Insurance, Maintenance, Taxes

Access: No

Total Square Feet Living: 4500
Year Built: 2012
Building Exterior Type: Brick
Property Age: 12
Roof: Asphalt Shingle
House Style: 3-Three Story
Year Built Details: Approximate
Year Remodeled: 2012

Sewer: Public Sewer
Garbage Included
Water Source: Public Water

Achieve Community Charter School is a public elementary school located approximately 0.1 miles away.
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Avon Avenue School is a public elementary and middle school located approximately 0.3 miles away.
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University High School is a public middle and high school located approximately 0.5 miles away.
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Dr Thomas Christian Academy is a private elementary, middle and high school located approximately 0.8 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.