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    229-231 Clifton Avenue

    Newark, NJ 07104
    • $1,500,000
    • STATUS: Active
    • ON SITE: 28 days
    • MLS #: 20045346
    UPDATED: 53 min ago
    $1,500,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Description

    9 family brick 4 story walk up with parking for 6 cars in North Newark, only 12 min to Bloomfield Ave Light Rail Station. Monthly Gross: income: $10,418. Yearly Gross income: $125K. Expenses: Taxes: $16,400, Water: $3,600 Insurance: 7,000, Heat $5,400 & common area electric $400 Total approx Expense: $32,800. Aprx yrly net: $92,200. 1 Gas gas steam heating system, 9 sep hot water heaters, 10 gas meters and 10 electric meters. Fully rented building. 6-3 bedroom units, 3-2 bedrm units (which are Grnd level unit & 3R & 4R). Rents per unit do not include parking: Grnd Unit: $865, 1R: $1,600, 1L: $1,700 (market value currently owner occupied), 2L & 2R: $986 each, 3L: $950, 3R: $894, 4L: $1,037 4R:$1,400. Overall fair condition, building has been well maintained. State inspection is current and will be due in 2021. Flat roof about 6 years old.

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    © 2020 New Jersey Multiple Listing Service. 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 William Raveis Baer & McIntosh Real Estate. The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than William Raveis Baer & McIntosh Real Estate are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. Data last updated: 2020-11-24T15:16:25.363.

    www.baerhomes.com/homes/111366271
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    229-231 Clifton Avenue Newark, NJ 07104

    • Price: $1,500,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 20045346
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1920
    Built
    Neighborhood:
    Newark
    County:
    Essex
    Area:
    Newark
    Property Description
    9 family brick 4 story walk up with parking for 6 cars in North Newark, only 12 min to Bloomfield Ave Light Rail Station. Monthly Gross: income: $10,418. Yearly Gross income: $125K. Expenses: Taxes: $16,400, Water: $3,600 Insurance: 7,000, Heat $5,400 & common area electric $400 Total approx Expense: $32,800. Aprx yrly net: $92,200. 1 Gas gas steam heating system, 9 sep hot water heaters, 10 gas meters and 10 electric meters. Fully rented building. 6-3 bedroom units, 3-2 bedrm units (which are Grnd level unit & 3R & 4R). Rents per unit do not include parking: Grnd Unit: $865, 1R: $1,600, 1L: $1,700 (market value currently owner occupied), 2L & 2R: $986 each, 3L: $950, 3R: $894, 4L: $1,037 4R:$1,400. Overall fair condition, building has been well maintained. State inspection is current and will be due in 2021. Flat roof about 6 years old.
    Exterior Features

    Roof Flat Style 5+Family Sub Style 5-25

    Property Features

    Owner Pays HeatWater Property Pro GasMunincipal WaterSewer Status Flag Attorney Review In Progress Taxes 16090 Year Built 1900-1939

    Listing provided courtesy of Coccia Realty Better Homes & Gardens.


    © 2020 New Jersey Multiple Listing Service. 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 William Raveis Baer & McIntosh Real Estate. The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than William Raveis Baer & McIntosh Real Estate are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. Data last updated: 2020-11-24T15:16:25.363.

     
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    William Raveis Baer & McIntosh Real Estate
    97 South Broadway
    South Nyack NY, 10960