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162 S 11th St

Newark City, NJ 07107
  • $595,000
  • STATUS: Active Under Contract
  • ON SITE: 184 Days
  • MLS #: 3924976
UPDATED: 73 min ago
$595,000
  • 10
    BEDS
  • 0.06
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Single-Family Home
Built:
1882
County:
Area:

School Ratings & Info

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.

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Garden State MLS logo © 2025 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 Pina Nazario, Coldwell Banker Residential Brokerage. 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 Pina Nazario, Coldwell Banker Residential Brokerage 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 2025-03-23T21:46:36.847.
www.pickpina.com/homes/155453777
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162 S 11th St Newark City, NJ 07107

  • Price: $595,000
  • Status: Active Under Contract
  • On Site: 184 Days
  • Updated: 73 min ago
  • MLS #: 3924976
10
Beds
4
Baths
0
½ Baths
0.06
Acres
1882
Built
County:
Essex
Area:
Newark City
Property 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.
Exterior Features

Approximate Lot Size 25X100 Exterior Description See Remarks Garage Description None Parking Driveway Description None Pool No Primary Style Multi Floor Unit Roof Description See Remarks Style Multi Floor Unit

Interior Features

Appliances Cooktop - GasRefrigerator Basement Yes Basement Description Unfinished Cooling See Remarks Heating Forced Hot AirSee Remarks Interior Features Carbon Monoxide DetectorHigh CeilingsSmoke Detector Kitchen Area Eat-In Kitchen Level1 Rooms 4 Or More BedroomsBath(s) OtherDenKitchen Level2 Rooms 4 Or More BedroomsBath(s) OtherDenKitchen Level3 Rooms 2 Bedrooms Number Of Fireplaces 0 Number Of Rooms 18

Property Features

Assessment Total 175700 Block Identifier 1826 Building Assessment 144400 Community Living No Easement No Fha Age Restricted No Fuel Type Gas-Natural Land Assessment 31300 Possible Other Uses Multi-Family Renovated Year 2018 Sewer Public Sewer Sub Property Type Single Family Tax Amount 6550 Tax Rate Amount 3.728 Tax Year 2023 Utilities Gas-Natural Water Public Water Year Built Description Renovated

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Keller Williams Hudson Valley: 845-639-0300.


Garden State MLS logo © 2025 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 Pina Nazario, Coldwell Banker Residential Brokerage. 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 Pina Nazario, Coldwell Banker Residential Brokerage 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 2025-03-23T21:46:36.847.
 
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Pina Nazario, Coldwell Banker Residential Brokerage
789 Clifton Avenue
Clifton NJ, 07013