Address
197 S 11th St Newark City, NJ
Price
$ 460,000
Property Attributes
  • MLS#3706429
  • TypeMulti-Family
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • Zip07107
  • Style3-Three Story
  • Taxes$ 8124
  • Price$ 460,000
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size2,614 SqFt
Listing Provided Courtesy Of:
TRANXMERICA REALTY LLC
Data Source:
Garden State MLS (GSMLS) - 38 - NJ
Property Description

Exceptional opportunity for investor or owner occupant. This recently renovated Investment in the very hot Newark Rental Market with positive cashflow. Property being sold "AS IS". Seller and seller's representatives make no warranties. Seller will not provide for any credits or price reductions. Unit 2 can be delivered vacant upon request.First-time homebuyers owner occupant may be eligible for downpayment grants of $15.000.

Price History
4/21/2021 Listed $460,000

General Features

Architectural Style 3-Three Story
Basement Finished-Partially
Cooling 1 Unit
Drive On-Street Parking
Exterior Features Deck, Patio
Heating 1 Unit
Roof Asphalt Shingle
Sewer Public Available
Tax Annual Amount 8124
Total Units 3
Town # 1614
Township Newark City
Utilities All Underground

Interior Features

Fuel Type Gas-Natural
Unit 1 Appl/equip Carbon Monoxide Detector, Ceiling Fan(s), Kitchen Exhaust Fan, Microwave Oven, Security System, Self-Cleaning Oven, Smoke Detector
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 1 Handicap Modified No
Unit 1 Levels 1
Unit 1 Room Description Bedrooms, Laundry Room, Living/Dining Room, Porch
Unit 1 Rooms 4
Unit 1 Sq Ft 1200
Unit 2 Appl/equip Carbon Monoxide Detector, Ceiling Fan(s), Microwave Oven, Security System, Self-Cleaning Oven
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 2 Handicap Modified No
Unit 2 Levels 2
Unit 2 Room Description Laundry Room, Living/Dining Room, Porch
Unit 2 Rooms 4
Unit 2 Sq Ft 1200
Unit 3 Appl/equip Carbon Monoxide Detector, Microwave Oven, Security System, Self-Cleaning Oven
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Unit 3 Handicap Modified No
Unit 3 Levels 3
Unit 3 Room Description Laundry Room, Living/Dining Room
Unit 3 Rooms 4
Unit 3 Sq Ft 1200
Unittype1totalrent 1500
Unittype2totalrent 1700
Unittype3totalrent 1500

Exterior Features

Exterior Description Aluminum Siding
Lot Dimensions 25X100
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 07107

Price
AVG $490K
$460K
Taxes
AVG $6,995
$8,124
Visits
AVG 84
169
Walkscore
AVG 77
69
Data Provided by Walkscore ® not using MLS data