NOT LISTED FOR SALE

Estimated Value: $508,000 - $716,072

9 Beds
3 Baths
-- Sq Ft
2,901 Sq Ft Lot

Sale Details

Date Sold: November 18, 2022

Last sale price $590,000

Est. 4% increase in value since last sale

Current estimated payment $3,997 / mo

180 Days on Market

About This Home

As of November 2022

INVEST IN NEWARK!! Take advantage of this renovated legal three family home with great income potential. This well maintained multi-family home offers you three apartments with a living room, kitchen, three bedrooms, and one full bath in each unit. Separate utilities, forced air heating, hardwood floors, a large backyard that can be accessed by all three apartments, and LOW TAXES. Located minutes from Rutgers New Jersey Medical School, Rutgers School of Dental Medicine, University Hospital, NJIT, Essex County College and Rutgers University Newark. Conveniently located close to shopping, schools, all major highways, and public transportation. Currently fully occupied, all tenants are on month-to-month leases, and rents are below market. This is the turnkey real estate investment opportunity that you've been looking for, with room for growth.

Last Agent to Sell the Property

Russell Johnson

United Real Estate Listed on: 01/12/2022

United Real Estate

Last Buyer's Agent

Spero Kalyoussef

Keller Williams Team Realty

Keller Williams Team Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,675

Lot Details

  • 2,901 Sq Ft Lot
  • Lot Dimensions are 29x100

Home Design

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Natural Gas Connected

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00003 / 01813

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,675

Lot Details

2,901 Sq Ft Lot

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 888-501-6953
  • MLS Status: Sold - Sold
  • Directions: Central Ave to South 10th Street to 11th Ave
  • Architectural Style: 3 Family
  • Year Built Details: Pre 1900,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 9

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Dimensions: 29x100
  • Lot Size Sq Ft: 2901.0

Tax Info

  • Tax Annual Amount: 6675.0
  • Tax Block: 01813
  • Tax Lot: 00003

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2017
Sold by
Bought by
Current Estimated Value
$616,357
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$60,000 Prestige Title Agency Inc
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2022 11/18/22 Sold $590,000 -0.8% --
07/11/2022 07/11/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $595,000 +290.2% --
10/23/2017 10/23/17 Sold $152,500 -10.2% -- View Prior Sale
10/19/2017 10/19/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $169,900 -- --
Source: New Jersey MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2022 -- $59,200 $10,600 $48,600
2021 $0 $59,200 $10,600 $48,600
Source: Public Records

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Map

Source: New Jersey MLS

MLS Number: 22001316

New Jersey MLS

APN: 14 01813-0000-00003

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