360 Grove St

    Newark City, NJ 07103
    • $310,000
    • STATUS: Active
    • ON SITE: 99 days
    • MLS #: 3583792
    Price Reduced
    UPDATED: 121 min ago
    $310,000
    • 7
      BEDS
    • 0.11
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,165
      SQFT
    • $143
      $/SQFT
    Neighborhood:
    Fairmount
    Type:
    Multi-Family
    Built:
    1911
    County:
    Essex
    Area:
    Newark City

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    Description

    Amazing opportunity to own an income producing three family home in Newark on 50x100 lot with in place tenants and a great return on investment! All units are well kept with great in place tenants. Value add potential with below market rents as well as additional rent in the 1200 sq ft separate 3 car garage and/or office space. Ample parking for your tenants and located close GS Parkway, 280 and University Hospital.

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    © 2019 Garden State Multiple Listing Service, LLC. 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. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than William Raveis Baer & McIntosh Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-12-08T22:45:57.387.
    www.baerhomes.com/homes/98551962

    360 Grove St Newark City, NJ 07103

    • Price: $310,000
    • Status: Active
    • Updated: 121 min ago
    • MLS #: 3583792
    7
    Beds
    3
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,165
    SQFT
    $143
    $/SQFT
    1911
    Built
    Neighborhood:
    Fairmount
    County:
    Essex
    Area:
    Newark City
    Property Description
    Amazing opportunity to own an income producing three family home in Newark on 50x100 lot with in place tenants and a great return on investment! All units are well kept with great in place tenants. Value add potential with below market rents as well as additional rent in the 1200 sq ft separate 3 car garage and/or office space. Ample parking for your tenants and located close GS Parkway, 280 and University Hospital.
    Exterior Features

    Approximate Lot Size 50X100 Exterior Description Vinyl Siding Garage Description Detached GarageGarage Parking Number Of Parking Spaces 4 Parking Driveway Description 2 Car Width Roof Description Asphalt Shingle

    Interior Features

    Basement Yes Basement Description Unfinished Cooling None Heating 2 UnitsRadiant - Electric Total Number Of Rooms 12 Unit1 Appliances Equipment Range/Oven - Gas Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomEat-In Kitchen Unit1 Rooms 5 Unit1 Security Deposit 9999 Unit1 Sq Ft 9999 Unit2 Appliances Equipment Range/Oven - Gas Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsDining RoomEat-In Kitchen Unit2 Rooms 5 Unit2 Sq Ft 9999 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description BedroomsDining RoomEat-In Kitchen Unit3 Rooms 2 Unit3 Sq Ft 9999 Unit4 Room Description See Remarks

    Property Features

    Assessment Total 152200 Building Assessment 130300 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 46620 Land Assessment 21900 Net Operating Income 34246 Sewer Public Sewer Tax Amount 5620 Tax Rate Amount 3.693 Tax Rate Year 2018 Tax Year 2018 Total Operating Expense 12372 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1100 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1150 Unit2 Security Deposit 9999 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 735 Unit3 Security Deposit 9999 Utilities ElectricGas-Natural Water Public Water Year Built Description Approximate

    Listing information © 2019 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Keller Williams City Life Realty.


    © 2019 Garden State Multiple Listing Service, LLC. 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. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than William Raveis Baer & McIntosh Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-12-08T22:45:57.387.
     
    William Raveis Baer & McIntosh Real Estate
    97 South Broadway
    South Nyack NY, 10960