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23 Northfield Ave

West Orange Twp., NJ 07052
  • $675,000
  • STATUS: Active Under Contract
  • ON SITE: 58 Days
  • MLS #: 3809929
Under Contract
UPDATED: 40 min ago
$675,000
  • 8
    BEDS
  • 0.08
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,127
    SQFT
  • $216
    $/SQFT
Type:
Multi-Family
Built:
1916
County:

School Ratings & Info

Description

Great Investment Property. 4 unit income producing opportunity in convenient location close to highways, transportation (including Jitney service to NYC Train) and Downtown West Orange Shops and Restaurants. Fully Rented and All units occupied by long term tenants. Boiler 3 years, Roof 5 years and some additional updates to baths and kitchens in the past several years. Solid rents and great tenants. Property being conveyed in "AS IS" condition with buyer responsible for municipal requirements. Income/Expense Info attached to listing. Annual Rental income $74,664 - Expenses $23,404 - NOI $51,260.

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sue Adler Team - Keller Williams. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Sue Adler Team - Keller Williams are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-11-26T19:46:42.583.
www.latestnjlistings.com/homes/133486594
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23 Northfield Ave West Orange Twp., NJ 07052

  • Price: $675,000
  • Status: Active Under Contract
  • On Site: 58 Days
  • Updated: 40 min ago
  • MLS #: 3809929
8
Beds
4
Baths
0
½ Baths
0.08
Acres
3,127
SQFT
$216
$/SQFT
1916
Built
County:
Essex
Area:
West Orange Twp.
Property Description
Great Investment Property. 4 unit income producing opportunity in convenient location close to highways, transportation (including Jitney service to NYC Train) and Downtown West Orange Shops and Restaurants. Fully Rented and All units occupied by long term tenants. Boiler 3 years, Roof 5 years and some additional updates to baths and kitchens in the past several years. Solid rents and great tenants. Property being conveyed in "AS IS" condition with buyer responsible for municipal requirements. Income/Expense Info attached to listing. Annual Rental income $74,664 - Expenses $23,404 - NOI $51,260.
Exterior Features

Approximate Lot Size 33.52X100 Exterior Description Vinyl Siding Number Of Parking Spaces 4 Parking Driveway Description BlacktopDriveway-SharedOff-Street Parking Roof Description Metal

Interior Features

Basement Yes Basement Description FullUnfinished Cooling None Heating 1 UnitRadiators - Steam Total Number Of Rooms 16 Unit1 Appliances Equipment CookgasRefrig Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving Room Unit1 Rooms 4 Unit1 Security Deposit 1100 Unit1 Sq Ft 0 Unit2 Appliances Equipment CookgasRefrig Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenLiving Room Unit2 Rooms 4 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsEat-In KitchenLiving Room Unit3 Rooms 4 Unit3 Sq Ft 0 Unit4 Appliances Equipment CookgasRefrig Unit4 Baths 1.0 Unit4 Bedrooms 2 Unit4 Fireplaces 0 Unit4 Levels 2 Unit4 Room Description BedroomsEat-In KitchenLiving Room Unit4 Rooms 4 Unit4 Sq Ft 0

Property Features

Assessment Total 291000 Building Assessment 248400 Easement Unknown Exclusions Refrigerator in Unit #3 Owned By Tenant Expenses Include Garbage CollectionHeatMaintenanceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 74664 Land Assessment 42600 Net Operating Income 51260 Sewer Public Sewer Tax Amount 12670 Tax Rate Amount 4.354 Tax Rate Year 2021 Tax Year 2021 Total Operating Expense 23404 Unit Style 2-Two StoryFourplex Unit1 Lease Expiration 2023-08-31 Unit1 Owner Tenant Pays Owner Pays HeatOwner Pays WaterTenant Pays ElectricTenant Pays Gas Unit1 Rent 1458 Unit2 Handicap Modified No Unit2 Lease Expiration 2023-04-30 Unit2 Owner Tenant Pays Owner Pays HeatOwner Pays WaterTenant Pays ElectricTenant Pays Gas Unit2 Rent 1700 Unit2 Security Deposit 2550 Unit3 Handicap Modified No Unit3 Lease Expiration 2023-08-31 Unit3 Owner Tenant Pays Owner Pays HeatOwner Pays WaterTenant Pays ElectricTenant Pays Gas Unit3 Rent 1416 Unit3 Security Deposit 1150 Unit4 Handicap Modified No Unit4 Lease Expiration 2023-08-31 Unit4 Owner Tenant Pays Owner Pays HeatOwner Pays WaterTenant Pays ElectricTenant Pays Gas Unit4 Rent 1648 Unit4 Security Deposit 2472 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-310-7360.


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sue Adler Team - Keller Williams. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Sue Adler Team - Keller Williams are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-11-26T19:46:42.583.
 
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