GREAT INVESTMENT OPPORTUNITY!! WELL MAINTAINED/ GOOD CONDITION FOUR FAMILY LOCATED IN THE CENTER OF NORTH NEWARK. Fully occupied and generating $5,575/month in rental income. Low property taxes make this an excellent investment opportunity. Units feature hardwood floors, high ceilings, a Huge living room/dining room, and are in good condition. Owner… Read More pays heat for Units 2,3, and 4 (avg. $200/month). Unit 1 has central A/C installed less than 5 years ago. Annual insurance $4,300. Strong cash flow with stable tenants in place. Convenient North Ward location near schools, shops, and transportation. Read Less
Courtesy of C-21 SEMIAO & ASSOCIATES.
Listing Snapshot
Days Online
68
Last Updated
Property Type
Other
Beds
7
Lot Size
0.07 Acres
Year Built
1920
MLS Number
3986683
30 Days Snapshot Of 07104
$470k
0%
(avg) sold price
6
-25%
homes sold
101
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Finished, Yes
Building
Built in 1920
Cooling
1 Unit, Central Air, Wall A/C Unit(s), Window A/C(s)
Exterior Features
Vinyl Siding
Water Features
Gas, Public Water
Heating
Gas-Natural, 2 Units, Forced Hot Air, Radiators - Hot Water
Lot
Approximate Lot Size: 27.3X104.6, 0.07 acres
Parking
None
Property
4 units, FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $6,514, Tax Rate: 3.803
Unit One
1 bathroom, 2 bathrooms, Handicap Accessibility: No, Kitchen Exhaust Fan, Range/Oven - Gas
Unit Two
1 bathroom, 2 bathrooms, Handicap Accessibility: No, Kitchen Exhaust Fan, Range/Oven - Gas
Unit Three
1 bathroom, 2 bathrooms, Handicap Accessibility: No, Kitchen Exhaust Fan, Range/Oven - Gas
Unit Four
1 bathroom, 1 bedroom, Handicap Accessibility: No, Kitchen Exhaust Fan, Range/Oven - Gas
Utilities
See Remarks
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