Address
3-5 Esther St, Newark City, NJ
Price
$ 1,099,000
Property Attributes
  • ID#3690475
  • TypePending
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • NeighborhoodIronbound
  • Zip07105
  • StyleApartment Complex
  • Year Built1920
  • Taxes$ 13863
  • Price$ 1,099,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms6
  • Sqr Footage5400
  • Lot Size5,227 SqFt
Data Source:
Garden State MLS (GSMLS)
Property Description

Exceptional opportunity for investor 6 family unit with 1 warehouse + parking spaces for the tenants. Tenants are month to month and rents are below market. Basement has 6 boilers, 7 gas and 7 electrical meters. Also good for storage and Laundry. Income $85,000

Price History
9/11/2022 Listed $1,099,000

General Features

Sewer Public Sewer
Construction Wood
Heating 4+ Units,Baseboard - Hotwater
Cooling Window A/C(s)
Utilities Electric,Gas-Natural
Possession At closing
Roof Flat,Rubberized
Zoning Mix use
Garage Spaces 8
Year Built 1920
Tenant Pays Cable T.V.,Electric,Heat
Township Newark City
Utilities Paid By Tenant
Property Type Apartment Complex
Equipment Available Appliances,Exhaust System,Fixtures,Kitchen Area,Sign - Roof,Smoke Detector
Documents Available Income & Expenses
Easement Unknown
Tax Year 2019
Services Cable TV Available,Internet Available
Percent Ownership Fee Simple
Location Business District,Corner,Residential Area
OwnerPays Maintenance-Common Area,Repairs,Sewer
County Essex
Property Type Apartment Complex
Subdivision Name Ironbound
Status Under Contract
Directions See Google
Total Units 7
Street Name ESTHER ST
Lease Includes Sewer,Water
Tax Annual Amount 13863
Drive Additional Parking,Concrete,Off-Street Parking
Number of Amps 200
Num Apts 6
Days on Market 101
Standard Status Under Contract
Tax Assessed Value 368600
Town # 1614
Tax Lot 25
Farm Assessment No

Interior Features

Basement Full,Storage,Unfinished
Flooring Laminate,Tile,Wood
Fuel Type Electric,Gas-Natural
Total Stories 3
Price Per Sq Ft 0.00
Half Baths 6
Available Sq Ft 5400
Num Units w/Full Bath 6
Num 2 Bdrm Units 6

Exterior Features

Lot Features Corner
Water Source Public Water
Total Parking 8
Exterior Description Aluminum
Number of Docks 1
Number of Bays 1
Building Area Total 2600
Lot Dimensions 53.11X100
Number of Doors 1
Lot Size Acres 0.12
Max Door Height 11
Max Ceiling Height 15

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 Pending Average in 07105

Price
AVG $670K
$1.1M
Taxes
AVG $9,155
$13,863
Visits
AVG 569
875
Data Provided by Inside Real Estate®
Year Built
AVG 1943
1920
Walkscore
AVG 87
48
Data Provided by Walkscore® not using MLS data

Your Agent

Augusto Verissimo

Broker of Record Realtors In-depth neighborhood knowledge.

973-420-5317

Listed By
SKY REALTY ASSOCIATES; 973-344-8880