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
Basement Finished
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

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 $6,639
$6,676
Visits
AVG 139
82
Year Built
AVG 1927
2017