Address
187 2nd St Newark City, NJ
Price
$ 450,000
Property Attributes
  • MLS#3716916
  • TypeMulti-Family
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • Zip07107
  • Style3-Three Story
  • Year Built1895
  • Taxes$ 4088
  • Price$ 450,000
  • Bedrooms7
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2162
  • Lot Size2,614 SqFt
Listing Provided Courtesy Of:
KELLER WILLIAMS CITY VIEWS REALTY
Data Source:
Garden State MLS
Property Description

GREAT INVESTMENT!! Great opportunity to acquire a turn-key income producing property with positive cash flow on a well maintained quiet street. 3 Family House recently renovated. 7 bedrooms in total featuring 2/3 bed 1bath & 1/1 bed 1 bath. 2 units are on month to month. 1 unit has a recently signed lease. Finished basement with even more potential for living space. Conveniently located near transportation and Branch Brook Park.

Price History
6/2/2021 Listed $450,000

General Features

Architectural Style 3-Three Story
Basement Finished-Partially
Cooling None
Drive None
Exterior Features Sidewalk
Garage None
Heating Forced Hot Air
Interior Features Carbon Monoxide Detector, Fire Extinguisher
Roof Asphalt Shingle
Sewer Public Sewer
Tax Annual Amount 4088
Total Units 3
Town # 1614
Township Newark City
Utilities Electric, Gas-Natural

Interior Features

Fuel Type Gas-Natural
Unit 1 Appl/equip Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 1 Handicap Modified No
Unit 1 Levels 1
Unit 1 Room Description Bedrooms, Kitchen, Living Room
Unit 1 Rooms 5
Unit 2 Appl/equip Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 2 Handicap Modified No
Unit 2 Levels 1
Unit 2 Room Description Bedrooms, Kitchen, Living Room
Unit 2 Rooms 5
Unit 3 Appl/equip Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit 3 Baths Total 1.0
Unit 3 Beds Total 1
Unit 3 Handicap Modified No
Unit 3 Levels 1
Unit 3 Room Description Bedrooms, Kitchen, Living Room
Unit 3 Rooms 3
Unittype1totalrent 2350
Unittype2totalrent 1500
Unittype3totalrent 1250

Exterior Features

Building Area Total 2162
Exterior Description Vinyl Siding
Lot Dimensions 25X102
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 07107

Price
AVG $550K
$450K
Taxes
AVG $7,022
$4,088
Visits
AVG 165
38
Year Built
AVG 1935
1895

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