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
This mixed-use property features a fully rented commercial space on the 1st floor, generating $2,570/month with a 10-year lease and a 3% annual increase, ensuring long-term income stability. The spacious 4-bedroom, 1-bath apartment on the 2nd floor is currently vacant and listed for $2,700/month, offering immediate rental potential at market value. The 3rd-floor 3-bedroom, 1-bath unit is rented
Prime Investment Opportunity " 3-Family Home in the Heart of Newark's Business District. Don't miss this exceptional opportunity to own a well-maintained three-family home situated in one of Newark's most sought-after locations right in the heart of the thriving business district. This property offers unmatched potential in a high-demand area. Each unit features a functional layout with spacious
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
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
Great Investment Opportunity! This fully leased, income-producing 3-family home is located in a desirable Newark neighborhood and was completely updated and renovated just 5 years ago. Well maintained and fully occupied with reliable tenants, this property offers strong rental income and long-term potential. The first floor features a spacious 4-bedroom, 2-bathroom unit, while the second floor is
Recently Renovated "Three Family Home" Vacant "Move in Condition" Located near University Hospital, Colleges & Newark Downtown - Features Hardwood Floors, Central Heat & much more - Low Property Taxes
Well, Maintained Large 3 Family House First Floor 3 Bedrooms 1 Full Bath, Second Floor 3 Bedrooms and 2 Baths, Third Floor 3 Bedrooms 2 Baths, Units Renovated in 2021, Forced Hot Air Heat, New Water Heaters, fully must give 24 Hour notice to show, Property being sold As Is,
Theresa VeneziaProminent Properties Sotheby's International Realty-Montclair
Located near Newark University Hospital, NJIT, Rutgers University and the business district, this is the ultimate multi family property in town. Each unit is equipped with its laundry hookup and the second floor boasts five bedrooms and two full bathrooms. the first unit is currently rented for $2400 and second unit is on month to month lease because they looking to relocate. Do not miss your
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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
Purchase History
Date
Buyer
Sale Price
Title Company
268 Llitelton Ave Llc
--
None Listed On Document
48 11Th Ave Llc
$390,000
Dekel Abstract Llc
Vallejo Paul
$375,000
Rms Title Services Llc
Saran Desi
$340,000
First American Title Ins Co
Bac Home Loans Servicing Lp
--
Multiple
Bc Capital Investment Group Llc
$55,000
Multiple
Federal National Mortgage Association
--
None Available
Singleton John
$350,000
--
Barrett Winston
$235,000
--
Griffith Joan
$270,000
--
Mclean Bassil
$105,448
--
Henriquez Noel
$122,000
--
Investor Group
$46,000
--
Cmty Intergrated Resources
$24,000
--
Willis Wayne W
$110,000
--
Willis Trevor
$80,000
--
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
268 Llitelton Ave Llc
$2,658,750
Previous Owner
Wieder Yankov
$124,700
Previous Owner
48 11Th Ave Llc
$340,900
Previous Owner
Vallejo Paul
$281,250
Previous Owner
Stonerock Builders Llc
$196,000
Previous Owner
Saran Desi
$335,482
Previous Owner
Singleton John
$351,000
Previous Owner
Singleton John
$280,000
Previous Owner
Barrett Winston
$188,000
Previous Owner
Griffith Joan
$24,300
Previous Owner
Henriquez Noel
$120,961
Previous Owner
Cmty Intergrated Resources
$50,000
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
04/16/202104/16/21
Sold
$399,000
-0.2%
$111 / Sq Ft
02/22/202102/22/21
Pending
--
--
--
02/04/202102/04/21
For Sale
$399,900
0.0%
$111 / Sq Ft
12/07/202012/07/20
Pending
--
--
--
02/16/202002/16/20
For Sale
$399,900
--
$111 / Sq Ft
Source: New Jersey MLS
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 48 11th Ave W, Newark, NJ 07107 since 16 February 2020 and is currently estimated at $692,178, approximately $192 per square foot. 48 11th Ave W is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.