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396 E Kinney St

Newark City, NJ 07105
  • $2,125,000
  • STATUS: Active Under Contract
  • ON SITE: 69 Days
  • MLS #: 3949038
UPDATED: 31 min ago
$2,125,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,999
    SQFT
  • $213
    $/SQFT
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Completely Renovated in 2022. This brick building is Turnkey Ready with 7 units, 2 Bedroom 1 bathroom each. Stainless Steel Appliances, Central AC and Heat, Intercom system plus a washer and dryer in each unit. Fully Rented with Excellent tenants. Excellent location to Grammer School and High School. Close to all major highways, the finest bakeries, restaurants and supermarkets of the Ironbound. Income and Expenses are available upon request.

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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 2025-05-14T12:47:26.993.
www.pickpina.com/homes/161112944
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396 E Kinney St Newark City, NJ 07105

  • Price: $2,125,000
  • Status: Active Under Contract
  • On Site: 69 Days
  • Updated: 31 min ago
  • MLS #: 3949038
0
Beds
0
Baths
0
½ Baths
0.06
Acres
9,999
SQFT
$213
$/SQFT
County:
Essex
Area:
Newark City
Property Description
Completely Renovated in 2022. This brick building is Turnkey Ready with 7 units, 2 Bedroom 1 bathroom each. Stainless Steel Appliances, Central AC and Heat, Intercom system plus a washer and dryer in each unit. Fully Rented with Excellent tenants. Excellent location to Grammer School and High School. Close to all major highways, the finest bakeries, restaurants and supermarkets of the Ironbound. Income and Expenses are available upon request.
Exterior Features

Approximate Lot Size 28X100 Construction Brick/Block Exterior Description Brick/Block Location Residential Area Number Of Bays 0 Number Of Docks 0 Parking Driveway Description None Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FinishedFullWalkout Cooling 4+ UnitsCentral Air Equipment Available AppliancesIntercomSmoke DetectorSprinkler System Floors LaminateTile Heating 4+ UnitsForced Hot Air Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 7 Office Sq Ft 9999

Property Features

Expenses Include ElectricityInsuranceMaintenance - InteriorProperty ManagementTaxesWater/Sewer For Sale Or Lease For Sale Fuel Type Gas-Natural Gross Operating Income 176100 Net Operating Income 136085 Owner Pays Water Primary Property Type Apartment Complex Property Type Apartment Complex Sale Includes Building & Land Sewer Public Sewer Suite Number 0 Tax Amount 13820 Tax Rate Amount 3.803 Tax Rate Year 2024 Tax Year 2024 Tenant Pays ElectricGas Total Operating Expense 40615 Utilities All Underground Water Public Water Year Built Description Renovated Zoning res

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of EXIT REALTY LUCKY ASSOCIATES: 973-817-7700.


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 2025-05-14T12:47:26.993.
 
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789 Clifton Avenue
Clifton NJ, 07013