$575,000
PENDING

Estimated payment $3,580/month

Total Views 9,019
5 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Welcome to a prime investment opportunity in Newark, NJ! This multi-family property, with two legal units is a gem. This two family house is a newer build that was built in 2003! This property is already cash flowing. This prime multi-family property features 5 bedrooms and 3 bathrooms. There is a very spacious master bedroom for maximum comfort. Both units were also recently renovated. This property is ideal for investors who are looking for substantial rental income or savvy homebuyers looking to house hack. Only 30 minutes from NYC. Don't miss the chance to add this property to your portfolio. This multi-family qualifies for NJ's $22,000 down payment assistance and No Money Down mortgage programs.

Listing Agent

Alnazir Blackman

REALTY ONE GROUP LIFESTYLE HOMES Brokerage Phone: 973-855-2645 Listed on: 09/21/2024

REALTY ONE GROUP LIFESTYLE HOMES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,345

Year Built

  • Built in 2003

Lot Details

  • 4,166 Sq Ft Lot
  • Historic Home

Parking

  • 4 Parking Spaces

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units

Community Details

  • Net Operating Income $999,999

Listing and Financial Details

  • Assessor Parcel Number 1614-01814-0000-00018-0001-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,345

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 2003
  • Year Built Description: Historical
  • County Name: Essex
  • Street Number Display: 211-213
  • Directions: Google Maps
  • I D: 5313909
  • Modified: 2025-01-20
  • Number Images: 14
  • Attribution Contact: 973-855-2645
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 12
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 4166 SF
  • Assessed Improvement Value: 136900
  • Assessed Land Value: 33300
  • Assessment: 170200
  • Lot Identifier: 18.01
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.10

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6345
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-01814-0000-00018-0001-
  • Tax Rate Amount: 3.728
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year Tax: *
  • Tax Year: 2023

Multi Family

  • Total Number Units: 2

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Pending -- -- --
09/27/2024 09/27/24 Price Changed $575,000 +4.5% --
09/21/2024 09/21/24 For Sale $550,000 +189.5% --
07/31/2017 07/31/17 Sold $190,000 -15.6% --
07/10/2017 07/10/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $225,000 -- --
Source: Garden State MLS

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Source: Garden State MLS

MLS Number: 3925303

Garden State MLS

APN: 14 01814-0000-00018-0001