Address
286-288 2nd Ave Newark City, NJ
Price
$ 849,000
Property Attributes
  • MLS#3751643
  • TypeMulti-Family
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • NeighborhoodNorth
  • Zip07107
  • StyleFourplex
  • Year Built1913
  • Taxes$ 8899
  • Price$ 849,000
  • Bedrooms11
  • Full Bathrooms6
  • Half Bathrooms0
  • Lot Size3,920 SqFt
Listing Provided Courtesy Of:
OPTION 1 REALTY GROUP, LLC
Data Source:
Garden State MLS (GSMLS) - 38 - NJ
Property Description

Amazing, beautiful 4 unit brick building completely renovated with brand new kitchens, bathrooms, flooring, stainless steel appliances, even a brand new sewer line, French drain system, a back flow valve, brand new and incredible spacious basement with 5 rooms, two full bathrooms, laundry area, utility rooms, new roof just done in August, fence, blacktop providing 6 parking spaces, all separated utility lines, tenants pay it's own bill. This a turn-key property with $80+k in yearly rent roll, with stable tenants. Units feature living area, eat-in-kitchens, bath's, 2 & 3's great size bedrooms, natural hardwood floors throughout. A must see!! Located on a nice block and a walking distance to Branch Brook Park, Elementary school, Columbus hospital, public transportation, light train to NY Penn station, major highways GSPW and Rt 280. All tenants have a mo/mo leases. Sale includes all appliances.

Price History
11/12/2021 Listed $849,000

General Features

Architectural Style Fourplex
Basement Finished, French Drain, Walkout
Cooling Window A/C(s)
Drive Blacktop
Exclusions Personal property.
Exterior Features Privacy Fence
Heating 4+ Units, See Remarks
Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Wood Floors
Open Parking Spaces 6
Roof Flat
Sewer Public Sewer
Tax Annual Amount 8899
Total Units 4
Town # 1614
Township Newark City
Utilities Electric, Gas-Natural
Water Heater Gas

Interior Features

Fuel Type Gas-Natural
Unit 1 Appl/equip Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 1 Handicap Modified No
Unit 1 Levels 1
Unit 1 Room Description Bedrooms, Eat-In Kitchen, Living/Dining Room
Unit 1 Rooms 5
Unit 2 Appl/equip Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 2 Handicap Modified No
Unit 2 Levels 2
Unit 2 Room Description Bedrooms, Eat-In Kitchen, Living Room
Unit 2 Rooms 5
Unit 3 Appl/equip Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Unit 3 Handicap Modified No
Unit 3 Levels 2
Unit 3 Room Description Bedrooms, Eat-In Kitchen, Living Room
Unit 3 Rooms 4
Unit 4 Appl/equip Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 4 Baths Total 1.0
Unit 4 Beds Total 2
Unit 4 Handicap Modified No
Unit 4 Levels 2
Unit 4 Room Description Bedrooms, Eat-In Kitchen, Living Room
Unit 4 Rooms 4

Exterior Features

Exterior Description Brick
Lot Dimensions 40X100
Lot Features Corner
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
$850K
Taxes
AVG $6,995
$8,899
Visits
AVG 84
5
Year Built
AVG 1927
1913
Walkscore
AVG 77
81
Data Provided by Walkscore ® not using MLS data