Price Reduction
Address
162 S 11th St Newark City, NJ
Price
$ 525,000
Property Attributes
  • ID#3705719
  • TypeMulti-Family
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • Zip07107
  • Style3-Three Story
  • Year Built2017
  • Taxes6676
  • Price$ 525,000
  • Bedrooms10
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size2,614 SqFt
Listing Provided Courtesy Of:
CORNERSTONE REALTY ASSOCIATES
Data Source:
Garden State MLS
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.

Price History
4/18/2021 Listed $469,000
4/27/2021 5% - $449,000

General Features

Architectural Style 3-Three Story, See Remarks
Cooling None
Drive See Remarks
Heating Forced Hot Air, See Remarks
Roof See Remarks
Sewer Public Sewer, See Remarks
Tax Annual Amount 6676
Total Units 3
Town # 1614
Township Newark City
Utilities Gas-Natural

Interior Features

Basement Finished
Fuel Type Gas-Natural
Unit 1 Appl/equip See Remarks
Unit 1 Baths Total 1.0
Unit 1 Beds Total 4
Unit 1 Handicap Modified No
Unit 1 Levels 1
Unit 1 Room Description See Remarks
Unit 1 Rooms 7
Unit 1 Sq Ft 1000
Unit 2 Appl/equip See Remarks
Unit 2 Baths Total 2.0
Unit 2 Beds Total 4
Unit 2 Handicap Modified No
Unit 2 Levels 2
Unit 2 Room Description See Remarks
Unit 2 Rooms 8
Unit 2 Sq Ft 1000
Unit 3 Appl/equip See Remarks
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Unit 3 Handicap Modified No
Unit 3 Levels 3
Unit 3 Room Description See Remarks
Unit 3 Rooms 4
Unit 3 Sq Ft 600
Unittype1totalrent 1850
Unittype2totalrent 1900
Unittype3totalrent 1300

Exterior Features

Exterior Description See Remarks
Lot Dimensions 25X100
Water Source Public Water, See Remarks

Amenities

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

Property vs Zip Code Average in 07107

Price
AVG $510K
$530K
Taxes
AVG $6,675
$6,676
Visits
AVG 132
75
Year Built
AVG 1930
2017

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