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98 11Th Ave , #3

Newark City, NJ 07107
  • $595,000
  • STATUS: Active Under Contract
  • ON SITE: 257 Days
  • MLS #: 3758817
Under Contract
UPDATED: 18 min ago
$595,000
  • 9
    BEDS
  • 0.07
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1892
County:
Area:

School Ratings & Info

Description

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. BACK ON THE MARKET!!!!!!! BUYER COULD NOT PERFORM.

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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 2022-09-27T15:47:10.377.
www.latestnjlistings.com/homes/124689247
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98 11Th Ave , #3 Newark City, NJ 07107

  • Price: $595,000
  • Status: Active Under Contract
  • On Site: 257 Days
  • Updated: 18 min ago
  • MLS #: 3758817
9
Beds
3
Baths
0
½ Baths
0.07
Acres
1892
Built
County:
Essex
Area:
Newark City
Property Description
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. BACK ON THE MARKET!!!!!!! BUYER COULD NOT PERFORM.
Exterior Features

Approximate Lot Size 29X100 Exterior Description Aluminum Siding Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Flat

Interior Features

Basement Yes Basement Description FullUnfinishedWalkout Cooling Window A/C(S) Heating 3 UnitsForced Hot Air Interior Features Wood Floors Total Number Of Rooms 15 Unit1 Appliances Equipment Range/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsKitchenLiving RoomMaster Bedroom Unit1 Rooms 5 Unit1 Security Deposit 1465 Unit1 Sq Ft 1100 Unit2 Appliances Equipment Range/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsKitchenLiving RoomMaster Bedroom Unit2 Rooms 5 Unit2 Sq Ft 1175 Unit3 Baths 1.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsKitchenLiving RoomMaster Bedroom Unit3 Rooms 5 Unit3 Sq Ft 1175

Property Features

Assessment Total 177500 Building Assessment 145700 Building Number 1 Easement Unknown Expenses Include InsuranceMaintenanceTaxes Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Home Warranty No Land Assessment 31800 Net Operating Income 0 Renovated Year 2018 Services Cable Tv AvailableGarbage Included Sewer Public Sewer Tax Amount 6745 Tax Rate Amount 3.800 Tax Rate Year 2020 Tax Year 2020 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1500 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1550 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1550 Unit3 Security Deposit 1450 Utilities All Underground Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of United Real Estate: [IDXCONTACTINFORMATION].


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 2022-09-27T15:47:10.377.
 
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Short Hills NJ, 07078