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57 Homestead Park

Newark City, NJ 07108
  • $780,000
  • STATUS: Active Under Contract
  • ON SITE: 81 Days
  • MLS #: 3877181
Under Contract
UPDATED: 46 min ago
$780,000
  • 9
    BEDS
  • 0.08
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:
Area:

School Ratings & Info

Description

Welcome to this stunning three-story, fully renovated vacant property, boasting three separate units. Fully gut renovated this year, this investment gem promises an attractive income stream. The property is not only an excellent income producer but also provides the unique opportunity to reside in one unit while renting out the other two, helping to offset your mortgage.The first and second floors each present four bedrooms accompanied by two full baths and laundry hook-ups, offering spacious and comfortable living spaces. Ascend to the third floor, where you'll find a charming one-bedroom apartment featuring an open concept layout seamlessly blending the living room, dining area, and kitchen.Every inch of this property has been thoughtfully upgraded, including brand-new kitchens, bathrooms, flooring, electrical wiring, plumbing, siding, and more. Additional value lies in the partially finished basement, featuring drywalled and tiled large rooms with direct access to the backyard that can be tailored to your preferences. Embrace the convenience and luxury of a move-in-ready home, where modern amenities harmonize with classic charm. Don't miss the chance to own this income-generating haven, perfectly suited for both investors and those seeking a unique living arrangement.

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Garden State MLS logo © 2024 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 2024-02-25T13:47:32.013.
www.latestnjlistings.com/homes/145800686
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57 Homestead Park Newark City, NJ 07108

  • Price: $780,000
  • Status: Active Under Contract
  • On Site: 81 Days
  • Updated: 46 min ago
  • MLS #: 3877181
9
Beds
5
Baths
0
½ Baths
0.08
Acres
County:
Essex
Area:
Newark City
Property Description
Welcome to this stunning three-story, fully renovated vacant property, boasting three separate units. Fully gut renovated this year, this investment gem promises an attractive income stream. The property is not only an excellent income producer but also provides the unique opportunity to reside in one unit while renting out the other two, helping to offset your mortgage.The first and second floors each present four bedrooms accompanied by two full baths and laundry hook-ups, offering spacious and comfortable living spaces. Ascend to the third floor, where you'll find a charming one-bedroom apartment featuring an open concept layout seamlessly blending the living room, dining area, and kitchen.Every inch of this property has been thoughtfully upgraded, including brand-new kitchens, bathrooms, flooring, electrical wiring, plumbing, siding, and more. Additional value lies in the partially finished basement, featuring drywalled and tiled large rooms with direct access to the backyard that can be tailored to your preferences. Embrace the convenience and luxury of a move-in-ready home, where modern amenities harmonize with classic charm. Don't miss the chance to own this income-generating haven, perfectly suited for both investors and those seeking a unique living arrangement.
Exterior Features

Approximate Lot Size 33X104 AVG. Exterior Description BrickVinyl Siding Exterior Features See RemarksSidewalk Number Of Parking Spaces 3 Parking Driveway Description 1 Car WidthConcreteDriveway-SharedSee Remarks Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished-PartiallyFull Cooling Window A/C(s) Heating 3 UnitsBaseboard - Hotwater Interior Features Carbon Monoxide DetectorFire ExtinguisherSmoke DetectorTile FloorsWood Floors Total Number Of Rooms 18 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit1 Baths 2.0 Unit1 Bedrooms 4 Unit1 Fireplaces 1 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLaundry RoomLiving RoomLiving/Dining RoomSee Remarks Unit1 Rooms 6 Unit1 Security Deposit 0 Unit1 Sq Ft 9999 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit2 Baths 2.0 Unit2 Bedrooms 4 Unit2 Fireplaces 1 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenLaundry RoomLiving RoomLiving/Dining RoomSee Remarks Unit2 Rooms 6 Unit2 Sq Ft 9999 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsKitchenLiving Room Unit3 Rooms 3 Unit3 Sq Ft 9999

Property Features

Assessment Total 99600 Building Assessment 67300 Easement Unknown Exclusions All fixtures included Farm Assessment No Fha Age Restricted No Fuel Type Gas-NaturalSee Remarks Gross Operating Income 0 Home Warranty No Land Assessment 32300 Net Operating Income 0 Renovated Year 2023 Sewer Public Sewer Tax Amount 3721 Tax Rate Amount 3.736 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 0 Unit Style 3-Three StoryTriplex Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 0 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 0 Unit3 Security Deposit 0 Utilities ElectricGas In StreetGas-Natural Water Public Water Water Heater Gas Year Built Description RenovatedUnknown

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 646-770-2090.


Garden State MLS logo © 2024 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 2024-02-25T13:47:32.013.
 
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