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187 2nd St

Newark City, NJ 07107
  • $550,000
  • STATUS: Active Under Contract
  • ON SITE: 407 Days
  • MLS #: 3775526
Under Contract
UPDATED: 34 min ago
$550,000
  • 7
    BEDS
  • 0.06
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,162
    SQFT
  • $254
    $/SQFT
Type:
Multi-Family
Built:
1895
County:
Area:

School Ratings & Info

Description

GREAT INVESTMENT!! Great opportunity to acquire a turn-key income producing property with positive cash flow on a well maintained quiet street. 3 Family House recently renovated. This rare gem features two 3 Bedrooms/1 Bath & one 1 Bedroom/1 Bath. This property also offers a partially finished basement with a full bathroom for more potential living space. Conveniently located near transportation and Branch Brook Park.

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Garden State MLS logo © 2023 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 Michele Klug Team | Keller Williams Towne Square Realty. 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 Michele Klug Team | Keller Williams Towne Square Realty 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 2023-05-28T10:46:19.317.
www.micheleklug.com/homes/127731164
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187 2nd St Newark City, NJ 07107

  • Price: $550,000
  • Status: Active Under Contract
  • On Site: 407 Days
  • Updated: 34 min ago
  • MLS #: 3775526
7
Beds
4
Baths
0
½ Baths
0.06
Acres
2,162
SQFT
$254
$/SQFT
1895
Built
County:
Essex
Area:
Newark City
Property Description
GREAT INVESTMENT!! Great opportunity to acquire a turn-key income producing property with positive cash flow on a well maintained quiet street. 3 Family House recently renovated. This rare gem features two 3 Bedrooms/1 Bath & one 1 Bedroom/1 Bath. This property also offers a partially finished basement with a full bathroom for more potential living space. Conveniently located near transportation and Branch Brook Park.
Exterior Features

Approximate Lot Size 25X102 Exterior Description Vinyl Siding Garage Description None Number Of Parking Spaces 0 Parking Driveway Description None Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished-Partially Cooling None Heating Baseboard - Hotwater Total Number Of Rooms 13 Unit1 Appliances Equipment CarbmdetCookgasRgovgasRefrig Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsKitchenLiving Room Unit1 Rooms 5 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment CarbmdetCookgasRgovgasRefrig Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsKitchenLiving Room Unit2 Rooms 5 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsKitchenLiving Room Unit3 Rooms 3 Unit3 Sq Ft 0

Property Features

Assessment Total 107600 Building Assessment 88800 Easement Unknown Expenses Include Hot & Cold WaterTaxes Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Home Warranty No Land Assessment 18800 Net Operating Income 0 Renovated Year 2018 Services Cable Tv AvailableGarbage Included Sewer Public Sewer Tax Amount 4088 Tax Rate Amount 3.734 Tax Rate Year 2021 Tax Year 2021 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Lease Expiration 2022-12-31 Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1500 Unit2 Security Deposit 1500 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1250 Unit3 Security Deposit 1250 Unit4 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Keller Williams City Views Realty: 201-592-8900.


Garden State MLS logo © 2023 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 Michele Klug Team | Keller Williams Towne Square Realty. 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 Michele Klug Team | Keller Williams Towne Square Realty 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 2023-05-28T10:46:19.317.
 
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The Michele Klug Team | Keller Williams Towne Square Realty
222 Mt Airy Rd
Basking Ridge NJ, 07920