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329 S 19Th St

Newark City, NJ 07103
  • $499,999
  • STATUS: Active Under Contract
  • ON SITE: 129 Days
  • MLS #: 3798593
Under Contract
UPDATED: 60 min ago
$499,999
  • 9
    BEDS
  • 0.06
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1917
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

CASH COW READY TO BE MILKED - Welcome to 329 S 19th St the perfect turn-key investment property! This three-fam renovated in 2019 offers 3 bedrooms + 1 bath in each unit - All three units have separate utilities & are fully occupied. Units are being rented at $1,600/ per month ($4,800 rent roll under market value rent w/ tenants covering utilies) Tenants have the luxury of a shared front porch & private deck located in the backyard. Enormous unfinished basement that can be accessed both through the yard & interior of the home. Close to all major highways, public transportation & minutes away from NYC. ACCESS ONLY TO 1ST FLOOR UNIT (DUPLICATE UNITS) - NOTICE TO VACATE HAS BEEN ORDERED ON ALL THREE TENANTS. HIGHEST & BEST DUE AUGUST 7TH SUNDAY BY 8PM

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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 2022-12-03T08:46:24.547.
www.latestnjlistings.com/homes/131295990
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329 S 19Th St Newark City, NJ 07103

  • Price: $499,999
  • Status: Active Under Contract
  • On Site: 129 Days
  • Updated: 60 min ago
  • MLS #: 3798593
9
Beds
3
Baths
0
½ Baths
0.06
Acres
1917
Built
County:
Essex
Area:
Newark City
Elementary School:
Abington
Middle School:
Science
High School:
Technology
Property Description
CASH COW READY TO BE MILKED - Welcome to 329 S 19th St the perfect turn-key investment property! This three-fam renovated in 2019 offers 3 bedrooms + 1 bath in each unit - All three units have separate utilities & are fully occupied. Units are being rented at $1,600/ per month ($4,800 rent roll under market value rent w/ tenants covering utilies) Tenants have the luxury of a shared front porch & private deck located in the backyard. Enormous unfinished basement that can be accessed both through the yard & interior of the home. Close to all major highways, public transportation & minutes away from NYC. ACCESS ONLY TO 1ST FLOOR UNIT (DUPLICATE UNITS) - NOTICE TO VACATE HAS BEEN ORDERED ON ALL THREE TENANTS. HIGHEST & BEST DUE AUGUST 7TH SUNDAY BY 8PM
Exterior Features

Approximate Lot Size 28X100 Exterior Description Vinyl Siding Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling Wall A/C Unit(S) Heating Forced Hot Air Total Number Of Rooms 15 Unit1 Appliances Equipment Carbon Monoxide DetectorMicrowave OvenRange/Oven - Gas Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsKitchenLiving RoomPorch Unit1 Rooms 6 Unit1 Security Deposit 1600 Unit1 Sq Ft 9999 Unit2 Appliances Equipment Carbon Monoxide DetectorMicrowave OvenRange/Oven - Gas Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsKitchenLiving RoomPorch Unit2 Rooms 6 Unit2 Sq Ft 9999 Unit3 Baths 1.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description BedroomsKitchenLiving RoomPorch Unit3 Rooms 6 Unit3 Sq Ft 9999

Property Features

Assessment Total 388100 Building Assessment 366400 Easement Unknown Expenses Include Cold WaterInsuranceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 57600 Land Assessment 21700 Net Operating Income 40608 Renovated Year 2019 Sewer Public Sewer Tax Amount 14491 Tax Rate Amount 3.734 Tax Rate Year 2021 Tax Year 2021 Total Operating Expense 16992 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1650 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1650 Unit2 Security Deposit 1600 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1650 Unit3 Security Deposit 1600 Utilities ElectricGas-Natural Water Public Water Year Built Description Renovated

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Signature Realty Nj: 973-921-1111.


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 2022-12-03T08:46:24.547.
 
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Short Hills NJ, 07078