Address
98 11Th Ave # 3 Newark City, NJ
Price
$ 595,000
Property Attributes
  • MLS#3758817
  • TypeMulti-Family
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • Zip07107
  • Style3-Three Story
  • Year Built1892
  • Taxes$ 6745
  • Price$ 595,000
  • Bedrooms9
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size3,049 SqFt
Listing Provided Courtesy Of:
UNITED REAL ESTATE
Data Source:
Garden State MLS (GSMLS)
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.

Price History
1/12/2022 Listed $595,000

General Features

Architectural Style 3-Three Story
Basement Full, Unfinished, Walkout
Building # 1
Cooling Window A/C(s)
Drive On-Street Parking
Heating 3 Units, Forced Hot Air
Interior Features Wood Floors
Roof Flat
Sewer Public Sewer
Tax Annual Amount 6745
Total Units 3
Town # 1614
Township Newark City
Unit Number 3
Utilities All Underground
Water Heater Gas

Interior Features

Fuel Type Gas-Natural
Unit 1 Appl/equip Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 1 Handicap Modified No
Unit 1 Levels 1
Unit 1 Room Description Bedrooms, Kitchen, Living Room, Master Bedroom
Unit 1 Rooms 5
Unit 1 Sq Ft 1100
Unit 2 Appl/equip Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 2 Handicap Modified No
Unit 2 Levels 1
Unit 2 Room Description Bedrooms, Kitchen, Living Room, Master Bedroom
Unit 2 Rooms 5
Unit 2 Sq Ft 1175
Unit 3 Appl/equip Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 3 Baths Total 1.0
Unit 3 Beds Total 3
Unit 3 Handicap Modified No
Unit 3 Levels 1
Unit 3 Room Description Bedrooms, Kitchen, Living Room, Master Bedroom
Unit 3 Rooms 5
Unit 3 Sq Ft 1175
Unittype1totalrent 1500
Unittype2totalrent 1550
Unittype3totalrent 1550

Exterior Features

Exterior Description Aluminum Siding
Lot Dimensions 29X100
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 07107

Price
AVG $500K
$600K
Taxes
AVG $6,436
$6,745
Visits
AVG 53
24
Year Built
AVG 1928
1892
Walkscore
AVG 75
70
Data Provided by Walkscore ® not using MLS data

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