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212 6Th Ave

Newark City, NJ 07107
  • $475,000
  • STATUS: Active Under Contract
  • ON SITE: 56 Days
  • MLS #: 3837832
Under Contract
UPDATED: 53 min ago
$475,000
  • 8
    BEDS
  • 0.06
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
Type:
Multi-Family
Built:
1915
County:
Area:

School Ratings & Info

Description

Here's a rare opportunity to acquire a spacious 3 unit multi-family home located in Newark near Branch Brook Park. This property boasts 8 bedrooms, 3 full bathrooms, and a half bathroom in the basement. The basement is newly renovated. This property is primed to be repositioned for generating significant rental income as property is currently below market rent. The spacious kitchen and living areas are ideal for tenants seeking plenty of space. Located in the heart of Newark, this property is situated in an area that is in high demand with easy access to shopping, dining, and entertainment options.

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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 2023-06-07T23:46:44.11.
www.micheleklug.com/homes/138485306
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212 6Th Ave Newark City, NJ 07107

  • Price: $475,000
  • Status: Active Under Contract
  • On Site: 56 Days
  • Updated: 53 min ago
  • MLS #: 3837832
8
Beds
3
Baths
1
½ Baths
0.06
Acres
1915
Built
County:
Essex
Area:
Newark City
Property Description
Here's a rare opportunity to acquire a spacious 3 unit multi-family home located in Newark near Branch Brook Park. This property boasts 8 bedrooms, 3 full bathrooms, and a half bathroom in the basement. The basement is newly renovated. This property is primed to be repositioned for generating significant rental income as property is currently below market rent. The spacious kitchen and living areas are ideal for tenants seeking plenty of space. Located in the heart of Newark, this property is situated in an area that is in high demand with easy access to shopping, dining, and entertainment options.
Exterior Features

Approximate Lot Size 25X100 Exterior Description BrickVinyl Siding Exterior Features Sidewalk Garage Description On-Street Parking Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling Window A/C(S) Heating Forced Hot Air Interior Features BlindsCarbon Monoxide DetectorSmoke Detector Total Number Of Rooms 12 Unit1 Appliances Equipment CookgasMicrowavRgovgas Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomKitchenLiving Room Unit1 Rooms 4 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment CookgasMicrowavRgovgas Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsDining RoomKitchenLiving RoomPantry Unit2 Rooms 4 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsKitchenLiving RoomPantry Unit3 Rooms 5 Unit3 Sq Ft 0

Property Features

Assessment Total 167700 Building Assessment 148900 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 18800 Net Operating Income 0 Sewer Public Sewer Tax Amount 6265 Tax Rate Amount 3.736 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays Gas Unit1 Rent 1250 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Unit2 Rent 0 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays Gas Unit3 Rent 1450 Unit3 Security Deposit 0 Utilities Gas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-310-7360.


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 2023-06-07T23:46:44.11.
 
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The Michele Klug Team | Keller Williams Towne Square Realty
222 Mt Airy Rd
Basking Ridge NJ, 07920