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488 S 11th St

Newark City, NJ 07103
  • $575,000
  • STATUS: Active
  • ON SITE: 65 Days
  • ID#: 3799530
UPDATED: 31 min ago
$575,000
  • 9
    BEDS
  • 0.06
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
Type:
Multi-Family
Built:
1905
County:
Area:

School Ratings & Info

Description

Back On Market! Great Investor opportunity to own a renovated, fully occupied 3 Family Property in Newark NJ. Featuring 3 bedrooms/ 1 Bath on each unit, plus an additional 2 bonus rooms in the 2nd & 3rd Unit, perfect for an office or nursery room. This spacious property has new hardwood floors throughout and new windows in unit 1&2 which come with a lifetime warranty. The Unfinished basement includes a half bathroom, laundry and a ton of storage space! Full backyard with fire pit perfect for entertainment. All separate utilities and low maintenance for new landlord, just needs to start collecting rent. 30 min from NYC, 15 min from Newark airport, 7 min from Rutgers- University. Close to NJ Transit and major highways, perfect for commuters.

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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 2022-10-05T10:47:40.873.
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488 S 11th St Newark City, NJ 07103

  • Price: $575,000
  • Status: Active
  • On Site: 65 Days
  • Updated: 31 min ago
  • ID#: 3799530
9
Beds
3
Baths
1
½ Baths
0.06
Acres
1905
Built
County:
Essex
Area:
Newark City
Property Description
Back On Market! Great Investor opportunity to own a renovated, fully occupied 3 Family Property in Newark NJ. Featuring 3 bedrooms/ 1 Bath on each unit, plus an additional 2 bonus rooms in the 2nd & 3rd Unit, perfect for an office or nursery room. This spacious property has new hardwood floors throughout and new windows in unit 1&2 which come with a lifetime warranty. The Unfinished basement includes a half bathroom, laundry and a ton of storage space! Full backyard with fire pit perfect for entertainment. All separate utilities and low maintenance for new landlord, just needs to start collecting rent. 30 min from NYC, 15 min from Newark airport, 7 min from Rutgers- University. Close to NJ Transit and major highways, perfect for commuters.
Exterior Features

Approximate Lot Size 23.11X119.11 Exterior Description Vinyl Siding 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 Bilco-Style DoorPartial Cooling Wall A/C Unit(S) Heating Baseboard - Hotwater Total Number Of Rooms 15 Unit1 Appliances Equipment CarbmdetCookgasInsthotwMicrowavRgovgasRefrigOvnwgas Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsKitchenLiving/Dining Room Unit1 Rooms 5 Unit1 Security Deposit 0 Unit1 Sq Ft 9999 Unit2 Appliances Equipment CarbmdetCookgasInsthotwMicrowavRgovgasOvnwgas Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsFamily RoomKitchenLiving/Dining Room Unit2 Rooms 6 Unit2 Sq Ft 9999 Unit3 Baths 1.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsEat-In KitchenFamily RoomLiving/Dining Room Unit3 Rooms 6 Unit3 Sq Ft 9999

Property Features

Assessment Total 301900 Building Assessment 268400 Easement No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 9999 Land Assessment 33500 Net Operating Income 9999 Renovated Year 2018 Sewer Public Sewer Tax Amount 6726 Tax Rate Amount 3.734 Tax Rate Year 2021 Tax Year 2021 Total Operating Expense 9999 Unit Style 3-Three Story Unit1 Owner Tenant Pays Tenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 1600 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 1600 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Tenant Pays GasTenant Pays HeatTenant Pays Water Unit3 Rent 1600 Unit3 Security Deposit 0 Utilities Gas-Natural 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 2022-10-05T10:47:40.873.
 
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eXp Realty LLC
966 Shoppes Blvd
North Brunswick NJ, 08902