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    162 S 11th St

    Newark City, NJ 07107
    • $525,000
    • STATUS: Active
    • ON SITE: 19 days
    • MLS #: 3705719
    Price Reduced
    UPDATED: 55 min ago
    $525,000
    • 10
      BEDS
    • 0.06
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    2017
    County:
    Area:

    School Ratings & Info

    Description

    Legal Multifamily Two Family with Bonus in the Heart Of Newark. 10 Bed 4 Bath with great rental income potential of $60,000 plus a year. Unit 1- (4 bed 1 bath) Unit 2 - (4 bed 2 bath)Unit 3 - (2bed 1 bath) Unit 1 and 2 will be delivered vacant, Unit 3 has tenant paying $1300.

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    © 2021 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 2021-05-07T06:51:21.79.
    www.providentlegacyres.com/homes/116236328
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    162 S 11th St Newark City, NJ 07107

    • Price: $525,000
    • Status: Active
    • Updated: 55 min ago
    • MLS #: 3705719
    10
    Beds
    4
    Baths
    0
    ½ Baths
    0.06
    Acres
    2017
    Built
    County:
    Essex
    Area:
    Newark City
    Property Description
    Legal Multifamily Two Family with Bonus in the Heart Of Newark. 10 Bed 4 Bath with great rental income potential of $60,000 plus a year. Unit 1- (4 bed 1 bath) Unit 2 - (4 bed 2 bath)Unit 3 - (2bed 1 bath) Unit 1 and 2 will be delivered vacant, Unit 3 has tenant paying $1300.
    Exterior Features

    Approximate Lot Size 25X100 Exterior Description See Remarks Number Of Parking Spaces 0 Parking Driveway Description See Remarks Roof Description See Remarks

    Interior Features

    Basement Yes Basement Description Finished Cooling None Heating Forced Hot AirSee Remarks Total Number Of Rooms 18 Unit1 Appliances Equipment See Remarks Unit1 Baths 1.0 Unit1 Bedrooms 4 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description See Remarks Unit1 Rooms 7 Unit1 Security Deposit 1850 Unit1 Sq Ft 1000 Unit2 Appliances Equipment See Remarks Unit2 Baths 2.0 Unit2 Bedrooms 4 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description See Remarks Unit2 Rooms 8 Unit2 Sq Ft 1000 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description See Remarks Unit3 Rooms 4 Unit3 Sq Ft 600

    Property Features

    Assessment Total 175700 Building Assessment 144400 Easement No Expenses Include Gas Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 60000 Land Assessment 31300 Net Operating Income 50000 Renovated Year 2018 Sewer Public SewerSee Remarks Tax Amount 6676 Tax Rate Amount 3.800 Tax Rate Year 2020 Tax Year 2020 Total Operating Expense 10000 Unit Style 3-Three StorySee Remarks Unit1 Owner Tenant Pays Owner Pays Water Unit1 Rent 1850 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays Water Unit2 Rent 1900 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays Water Unit3 Rent 1300 Unit3 Security Deposit 9999 Utilities Gas-Natural Water Public WaterSee Remarks Year Built Description Renovated

    Listing information © 2021 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Cornerstone Realty Associates.


    © 2021 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 2021-05-07T06:51:21.79.
     
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    Bayonne NJ, 07002