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370 13th Ave

Newark City, NJ 07103
  • $589,000
  • STATUS: Active
  • ON SITE: 43 Days
  • ID#: 3802414
UPDATED: 68 min ago
$589,000
  • 7
    BEDS
  • 0.05
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1877
County:
Area:

School Ratings & Info

Description

Beautiful gut renovated 3 family home in the Fairmount section of Newark! Featuring 2 3 bed 2 bath with large living room and a very spacious 1 bed 1 bath. Amazing investment opportunity boosting over 9% cap. This building has separate utilities for each unit and it is perfect for living mortgage free or for developing passive income!

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Garden State MLS logo © 2022 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 eXp Realty 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 eXp Realty 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 2022-09-29T10:47:37.403.
www.rowackrealestateteam.com/homes/132179371
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370 13th Ave Newark City, NJ 07103

  • Price: $589,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 68 min ago
  • ID#: 3802414
7
Beds
5
Baths
0
½ Baths
0.05
Acres
1877
Built
County:
Essex
Area:
Newark City
Property Description
Beautiful gut renovated 3 family home in the Fairmount section of Newark! Featuring 2 3 bed 2 bath with large living room and a very spacious 1 bed 1 bath. Amazing investment opportunity boosting over 9% cap. This building has separate utilities for each unit and it is perfect for living mortgage free or for developing passive income!
Exterior Features

Approximate Lot Size 85X27 Exterior Description Aluminum Siding Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement No Cooling Window A/C(S) Heating 3 UnitsCent Register Heat Total Number Of Rooms 13 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigerator Unit1 Baths 2.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsKitchenLiving RoomSee Remarks Unit1 Rooms 5 Unit1 Security Deposit 999 Unit1 Sq Ft 999 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigerator Unit2 Baths 2.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsKitchenLaundry RoomSee Remarks Unit2 Rooms 5 Unit2 Sq Ft 999 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsKitchenLiving RoomSee Remarks Unit3 Rooms 3 Unit3 Sq Ft 999

Property Features

Assessment Total 35000 Building Assessment 10100 Easement No Exclusions Owner's Personal Property Expenses Include Cold WaterInsuranceMaintenanceTaxes Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 63600 Home Warranty No Land Assessment 24900 Net Operating Income 58200 Renovated Year 2021 Services Cable TvFiber Optic Sewer Public Sewer Tax Amount 1330 Tax Rate Amount 3.734 Tax Rate Year 2021 Tax Year 2021 Total Operating Expense 5400 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Gas Unit1 Rent 999 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Gas Unit2 Rent 999 Unit2 Security Deposit 999 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Gas Unit3 Rent 999 Unit3 Security Deposit 999 Utilities All Underground Water Public Water Water Heater Gas Year Built Description Renovated

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : [IDXCONTACTINFORMATION].


Garden State MLS logo © 2022 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 eXp Realty 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 eXp Realty 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 2022-09-29T10:47:37.403.
 
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eXp Realty LLC
966 Shoppes Blvd
North Brunswick NJ, 08902