This 4 family property is an investor's dream located on a quiet street in the Ivy Hill Section of Newark. Each unity has separate gas and electric meters. The building has great pay performance with all tenants current on all rent. All units are occupied with tenants who are interested in staying in place. There is a unique opportunity to convert the attic into another rental with one bedroom and full bathroom. This is an ''AS IS'' sale. Seller will make no repairs. It is a short walk to public transportation, 10 minutes to Penn Station rails and the airport.
Last Buyer's Agent
Robin Pickett
Berkshire Hathaway HomeServices Fox & Roach - Sea Girt
Home Type
Est. Annual Taxes
Year Built
Home Design
Interior Spaces
Flooring
Bedrooms and Bathrooms
Parking
Utilities
Community Details
Listing and Financial Details
$675,000
Excellent opportunity to own a spacious and versatile 2-family home in the heart of Newark! This property is in great condition and features two separate units, perfect for rental income. As a bonus, there's an additional recreational room ideal for a home office, playroom, gym, or additional bedroom. Located just minutes from major transportation options, this home offers both convenience and
Carlie Carreira EXP REALTY, LLC
$649,900
Excellent opportunity to own a spacious and versatile 2-family home in the heart of Newark! This property is in great condition and features two separate units, perfect for rental income. As a bonus, there's an additional recreational room ideal for a home office, playroom, gym, or additional bedroom. Located just minutes from major transportation options, this home offers both convenience and
Carlie Carreira EXP REALTY, LLC
$539,999
Introducing a vacant, move-in ready 2-family home located in the historic Clinton Hill section of Newark, NJ! Offering fully renovated apartments, in which the first is a 2-Bedroom 1-Bathroom and the second is a 4-Bedroom 2-Bath duplex. Both feature updated kitchens, with brand new stainless steel appliances, granite countertops, cabinets and hardwood floors throughout. This is a great
Tayllor Cooper COOPER MCKELVEY REAL ESTATE CO.
$769,900
Welcome!!! TO THIS RARE INVESTMENT OPPORTUNITY!!! Money Maker! Well-maintained three-family home conveniently located in the sought-after Ironbound section. Everything is just steps from your door. local recreational parks, close to all major public transportation to NYC or Newark International Liberty Airport. It features a ground-level apartment kitchen, living room, two bedrooms, and a full
Augusto Verissimo Weichert Home City Realty
$629,900
Location, Location, Location, A well-maintained, two-family home conveniently located in the sought-after Ironbound section of Newark. Everything is just steps from your door! Ferry Street Restaurants/Shopping/Nightlife, and all major public transportation with "EASY NYC COMMUTE, where a 20-minute train ride will have you in NYC! Featuring: First & Second Floor Six over Six, one full bath per
Augusto Verissimo Weichert Home City Realty
$709,999
Well-Maintained Two-Family Property in Lower Vailsburg Section of Newark Featuring 3 Bedrooms and 2 Full Bathrooms on each Floor with Hardwood Floors Throughout and Eaten Kitchens. Bonus Finished Basement with Additional Bathroom, Bedroom and Summer Kitchen. Second floor is currently Tenet Occupied Generating a Monthly Income of $1,850 Tenet pays Gas and Electric Owner pays Water and Sewer.
JOHN DALESSANDRO WEICHERT REALTORS
$599,000
Meticulously maintained and renovated 2-family in the heart of Newark, NJ! This property featuring spacious apartments with modern finishes throughout. Both units featuring generous layouts. First unit includes three bedrooms and one full bathroom. Second unit boasts five bedrooms and two full bathrooms. It also offers a full, unfinished basement and a spacious backyard for abundant storage or
Eyal Levy Keller Williams Park Views
$749,999
Explore untapped potential with this well-maintained 4-family property at 58-60 Stockman Place features four 2-bedroom, 1-bath apartments. Each unit has been carefully maintained, offering great rental potential. Located just off 280 and near the Irvington Bus Terminal, this property is in a rent-friendly area that's rapidly appreciating. Whether you?re an investor or owner-occupant, this is a
ISAIAH SPRINGER WEICHERT REALTORS
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $630,000 | None Listed On Document | |
| Deed | $400,000 | -- | |
| Deed | $150,000 | -- | |
| Deed | $48,000 | -- | |
| Deed | $140,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $217,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $618,589 | FHA | |
| Previous Owner | $315,650 | VA | |
| Previous Owner | $320,000 | No Value Available | |
| Previous Owner | $144,939 | No Value Available | |
| Previous Owner | $105,000 | No Value Available |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2024 06/28/24 | Sold | $630,000 | -6.7% | $146 / Sq Ft |
| 08/25/2023 08/25/23 | Pending | -- | -- | -- |
| 07/20/2023 07/20/23 | For Sale | $675,000 | -- | $157 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,882 | $184,600 | $19,900 | $164,700 |
| 2023 | $6,897 | $184,600 | $19,900 | $164,700 |
| 2022 | $6,897 | $184,600 | $19,900 | $164,700 |
| 2021 | $6,893 | $184,600 | $19,900 | $164,700 |
| 2020 | $7,015 | $184,600 | $19,900 | $164,700 |
| 2019 | $6,943 | $184,600 | $19,900 | $164,700 |
| 2018 | $9,092 | $246,200 | $26,600 | $219,600 |
| 2017 | $8,765 | $246,200 | $26,600 | $219,600 |
| 2016 | $8,469 | $246,200 | $26,600 | $219,600 |
| 2015 | $8,147 | $246,200 | $26,600 | $219,600 |
| 2014 | $7,635 | $246,200 | $26,600 | $219,600 |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22319938
APN: 14-04077-0000-00069
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