Listing Courtesy of: GARDEN STATE MLS - IDX / Keller Williams Hudson Valley - Contact: 845-639-0300
162 S 11th St Newark City, NJ 07107
Active (94 Days)
$595,000
OPEN HOUSE TIMES
-
OPENSun, Dec 221:00 pm - 3:00 pm
-
OPENSun, Jan 51:00 pm - 3:00 pm
Description
Newly Back on Market! Exceptional Investment Opportunity in NewarkJust 15 minutes from the Prudential Center and conveniently located near public transportation, this two-family home offers unbeatable potential. Whether you're a seasoned investor or new to real estate, this property provides substantial returns with over $60,000 in annual rental income and a lucrative bonus unit.Property Highlights:Brand New Roof with a 10-year warranty for peace of mindThree Spacious Units:4-bed/1-bath- vacant4-bed/2-bath- tenant2-bed/1-bath- bonus spacePrime Location just minutes from transportation, shopping, dining, and entertainmentLaundry Facilities on-site for tenant convenienceStrong Rental History with steady cash flowGreat Location close to Newark?s thriving business district and cultural landmarksWith its ideal layout and high-demand location, this property offers impressive returns for investors looking to capitalize on a growing market. Whether you're seeking to expand your portfolio or enter the world of real estate investing, this home provides both value and versatility. Don?t miss out on this rare opportunity to secure a prime piece of Newark real estate.
MLS #:
3924976
3924976
Taxes
$6,550(2023)
$6,550(2023)
Lot Size
2,614 SQFT
2,614 SQFT
Type
Single-Family Home
Single-Family Home
Year Built
1882
1882
Style
Multi Floor Unit
Multi Floor Unit
County
Essex County
Essex County
Listed By
Taylor J. Toney, Keller Williams Hudson Valley, Contact: 845-639-0300
Source
GARDEN STATE MLS - IDX
Last checked Dec 22 2024 at 4:55 PM GMT+0000
GARDEN STATE MLS - IDX
Last checked Dec 22 2024 at 4:55 PM GMT+0000
Bathroom Details
- Full Bathrooms: 4
Interior Features
- Smoke Detector
- High Ceilings
- Carbon Monoxide Detector
Kitchen
- Eat-In Kitchen
Property Features
- Fireplace: 0
Heating and Cooling
- See Remarks
- Forced Hot Air
Basement Information
- Unfinished
Exterior Features
- See Remarks
- Roof: See Remarks
Utility Information
- Utilities: Public Water, Gas-Natural
- Sewer: Public Sewer
- Fuel: Gas-Natural
Garage
- None
Parking
- None
Additional Information: Keller Williams Hudson Valley | 845-639-0300
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: The data displayed relating to real estate for sale comes in part from the IDX Program of the Garden State Multiple Listing Service, L.L.C. Real Estate listings held by other brokerage firms are marked as IDX Listing.Information deemed reliable but not guaranteed. Listing Data Copyright 2024 Garden State Mulitple Listing Service, L.L.C. All rights reserved
Notice: The dissemination of listings displayed herein 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 inwriting from the listing broker.
This information is being provided for Consumers’ personal, non-commercial use and may not be used for anypurpose other than to identify prospective properties Consumers may be interested in purchasing.
Notice: The dissemination of listings displayed herein 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 inwriting from the listing broker.
This information is being provided for Consumers’ personal, non-commercial use and may not be used for anypurpose other than to identify prospective properties Consumers may be interested in purchasing.
