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1 Ricord St

Newark City, NJ 07106
  • $475,000
  • STATUS: Active Under Contract
  • ON SITE: 103 Days
  • MLS #: 3821393
Under Contract
UPDATED: 77 min ago
$475,000
  • 8
    BEDS
  • 0.11
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 4,038
    SQFT
  • $118
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1914
County:
Area:

School Ratings & Info

Description

Welcome to the Vailsburg section of Newark where opportunity still knocks. Make this 3-family home your next home or investment property. 1-3 Ricord Street offers over 4,000 sq ft of living space and sits on a 50' x 100' corner lot with a detached 2-car garage. This home is being offered along with the adjacent 25' x 100' vacant lot (5 Ricord Street) which is zoned R-1 and allows for building a single-family home or can be kept just the way it is for additional yard space. This means combined property taxes of approximately $8,150 and a total lot size of 7,500 sq ft! All tenants are month-to-month, and the current rents are below market. There is dining, entertaining, and shopping in town or in nearby South Orange and East Orange. And recreation in Vailsburg Park which is in proximity. This home is oil heated with a single furnace and has newer asphalt shingle roof (5 years old).

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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 Provident Legacy Real Estate Services, LLC. 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 Provident Legacy Real Estate Services, LLC 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 2023-03-29T17:46:55.19.
www.providentlegacyres.com/homes/135444708
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1 Ricord St Newark City, NJ 07106

  • Price: $475,000
  • Status: Active Under Contract
  • On Site: 103 Days
  • Updated: 77 min ago
  • MLS #: 3821393
8
Beds
3
Baths
0
½ Baths
0.11
Acres
4,038
SQFT
$118
$/SQFT
1914
Built
Neighborhood:
Vailsburg
County:
Essex
Area:
Newark City
Property Description
Welcome to the Vailsburg section of Newark where opportunity still knocks. Make this 3-family home your next home or investment property. 1-3 Ricord Street offers over 4,000 sq ft of living space and sits on a 50' x 100' corner lot with a detached 2-car garage. This home is being offered along with the adjacent 25' x 100' vacant lot (5 Ricord Street) which is zoned R-1 and allows for building a single-family home or can be kept just the way it is for additional yard space. This means combined property taxes of approximately $8,150 and a total lot size of 7,500 sq ft! All tenants are month-to-month, and the current rents are below market. There is dining, entertaining, and shopping in town or in nearby South Orange and East Orange. And recreation in Vailsburg Park which is in proximity. This home is oil heated with a single furnace and has newer asphalt shingle roof (5 years old).
Exterior Features

Approximate Lot Size 50X100 Color Of Building Blue Exterior Description Vinyl Siding Exterior Features Metal FenceSidewalk Garage Description Detached Garage Lot Description Level Lot Number Of Parking Spaces 2 Parking Driveway Description Concrete Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished-Partially Cooling None Heating 1 UnitRadiators - Steam Interior Features Wood Floors Total Number Of Rooms 14 Unit1 Appliances Equipment Range/Oven - GasSee Remarks Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomKitchenLiving Room Unit1 Rooms 5 Unit1 Security Deposit 0 Unit1 Sq Ft 1500 Unit2 Appliances Equipment Range/Oven - GasSee Remarks Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsDining RoomKitchenLiving Room Unit2 Rooms 5 Unit2 Sq Ft 1500 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsDining RoomKitchenLiving Room Unit3 Rooms 4 Unit3 Sq Ft 1000

Property Features

Assessment Total 201800 Building Assessment 185500 Easement Unknown Exclusions Refrigerators3Rd Floor Oven / StoveTenant's Personal Property. Expenses Include InsuranceTaxes Farm Assessment No Fha Age Restricted No Fuel Type Oil Tank Below Ground Gross Operating Income 0 Home Warranty No Land Assessment 16300 Net Operating Income 0 Sewer Public Sewer Tax Amount 7535 Tax Rate Amount 3.734 Tax Rate Year 2021 Tax Year 2021 Total Operating Expense 0 Unit Style 3-Three StoryUnder/Over Unit1 Owner Tenant Pays Owner Pays HeatOwner Pays WaterTenant Pays ElectricTenant Pays Gas Unit1 Rent 800 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays HeatOwner Pays WaterTenant Pays ElectricTenant Pays Gas Unit2 Rent 1100 Unit2 Security Deposit 1100 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays HeatOwner Pays WaterTenant Pays ElectricTenant Pays Gas Unit3 Rent 900 Unit3 Security Deposit 900 Utilities ElectricGas-Natural Water Public Water Water Heater Gas

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 Provident Legacy Real Estate Services, LLC. 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 Provident Legacy Real Estate Services, LLC 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 2023-03-29T17:46:55.19.
 
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