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495 Bergen Street

Newark, NJ 07108
  • $420,000
  • STATUS: Active
  • ON SITE: 56 Days
  • MLS #: 24005082
$420,000
  • 8
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:
Area:

School Ratings & Info

Description

You now have an unbelievable chance to become the owner of this three-unit multi-family property. Spacious bedrooms, large living rooms and a huge partially finished basement with a full bathroom are just a few of the highlights. There is potential for up to $74,000 in yearly rental income after renovations. That is not even considering the HUGE basement with tons of potential for storage. Situated in a prime location, it is minutes from major highways like Garden State Parkway, I-78, Route 22 & I-280. This property is located 10 minutes from Newark Penn Station and Beth Israel Hospital. While also being within 30 minutes from NYC! This property is ideal for both first time homebuyers looking to have tenants pay their mortgage and seasoned investors looking for a great return on investment. Sold strictly AS-IS. This multi-family qualifies for NJ's $22,000 down payment assistance and No Money Down mortgage programs.

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© 2024 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 Corcoran Baer & McIntosh. 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 Corcoran Baer & McIntosh 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: 2024-04-04T00:17:26.617.
www.baerhomes.com/homes/147767388
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495 Bergen Street Newark, NJ 07108

  • Price: $420,000
  • Status: Active
  • On Site: 56 Days
  • MLS #: 24005082
8
Beds
4
Baths
0
½ Baths
N/A
Acres
1950
Built
Neighborhood:
Newark
County:
Essex
Area:
Newark
Property Description
You now have an unbelievable chance to become the owner of this three-unit multi-family property. Spacious bedrooms, large living rooms and a huge partially finished basement with a full bathroom are just a few of the highlights. There is potential for up to $74,000 in yearly rental income after renovations. That is not even considering the HUGE basement with tons of potential for storage. Situated in a prime location, it is minutes from major highways like Garden State Parkway, I-78, Route 22 & I-280. This property is located 10 minutes from Newark Penn Station and Beth Israel Hospital. While also being within 30 minutes from NYC! This property is ideal for both first time homebuyers looking to have tenants pay their mortgage and seasoned investors looking for a great return on investment. Sold strictly AS-IS. This multi-family qualifies for NJ's $22,000 down payment assistance and No Money Down mortgage programs.
Exterior Features

Exterior Finish BrickShingles Garage None Lot Description Irregular Style 3 Family Sub Style Top/Btm Views And Exposure None Waterfront None

Interior Features

Basement Partial Fireplace None Heat Cool Gas Laundry Basement Rooms 25

Property Features

Flood Plain None Lifestyle None Miscellaneous None Ownership Private Status Flag Attorney Review In Progress Taxes 6769 Utilities Sep ElecSep GasSep Heat Year Built 1950's

Listing provided by Alnazir Blackman of Signature Realty NJ LLC: (973) 921-1111.


© 2024 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 Corcoran Baer & McIntosh. 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 Corcoran Baer & McIntosh 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: 2024-04-04T00:17:26.617.
 
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