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68 Cypress St

Newark City, NJ 07108
  • $799,999
  • STATUS: Active Under Contract
  • ON SITE: 47 Days
  • MLS #: 3944282
UPDATED: 78 min ago
$799,999
  • 8
    BEDS
  • 0.12
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 5,400
    SQFT
  • $148
    $/SQFT
Type:
Multi-Family
Built:
2009
County:
Area:

School Ratings & Info

Description

Your investment search ends here! This well-maintained property, built in 2009, offers a fantastic investment opportunity for both seasoned investors and first-time buyers looking to generate rental income.**Property Features:**- **Legal 3-Family Layout:** Each unit is thoughtfully designed to maximize space and comfort, featuring separate entrances, kitchens, and living areas.- **Strong Rental History:** Benefit from consistent cash flow with current tenants in place, or explore the potential for increased rental income.- **Spacious Units:** Generous living spaces with ample natural light, providing a welcoming atmosphere for residents.- **Convenient Location:** Situated in a vibrant neighborhood, this property is close to public transportation, shopping, dining, and local schools, making it appealing to renters.- **Low Maintenance:** The property has been well cared for, ensuring minimal upkeep for the new owner.Seller not responsible for vacating tenants.

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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 2025-03-22T23:46:20.52.
www.pickpina.com/homes/160004430
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68 Cypress St Newark City, NJ 07108

  • Price: $799,999
  • Status: Active Under Contract
  • On Site: 47 Days
  • Updated: 78 min ago
  • MLS #: 3944282
8
Beds
6
Baths
0
½ Baths
0.12
Acres
5,400
SQFT
$148
$/SQFT
2009
Built
County:
Essex
Area:
Newark City
Property Description
Your investment search ends here! This well-maintained property, built in 2009, offers a fantastic investment opportunity for both seasoned investors and first-time buyers looking to generate rental income.**Property Features:**- **Legal 3-Family Layout:** Each unit is thoughtfully designed to maximize space and comfort, featuring separate entrances, kitchens, and living areas.- **Strong Rental History:** Benefit from consistent cash flow with current tenants in place, or explore the potential for increased rental income.- **Spacious Units:** Generous living spaces with ample natural light, providing a welcoming atmosphere for residents.- **Convenient Location:** Situated in a vibrant neighborhood, this property is close to public transportation, shopping, dining, and local schools, making it appealing to renters.- **Low Maintenance:** The property has been well cared for, ensuring minimal upkeep for the new owner.Seller not responsible for vacating tenants.
Exterior Features

Approximate Lot Size 51.8X98.5 AVG. Exterior Description Brick Garage Description Attached GarageBuilt-In Garage Lot Description Irregular Lot Number Of Parking Spaces 4 Parking Driveway Description 2 Car Width Roof Description Asphalt Shingle

Interior Features

Basement No Cooling 3 UnitsCentral Air Heating 3 UnitsForced Hot Air Total Number Of Rooms 20 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 2.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenFamily RoomKitchen Unit1 Rooms 6 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment CarbMDetCookGasRefrigSmokeDet Unit2 Baths 2.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsKitchenLaundry RoomLiving/Dining RoomMaster Bedroom Unit2 Rooms 7 Unit2 Sq Ft 0 Unit3 Baths 2.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsKitchenLaundry RoomLiving/Dining RoomMaster Bedroom Unit3 Rooms 7 Unit3 Sq Ft 0

Property Features

Assessment Total 337500 Building Assessment 313400 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 24100 Net Operating Income 0 Sewer Public Sewer Tax Amount 12835 Tax Rate Amount 3.803 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1500 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 2275 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 2275 Unit3 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Year Built Description Approximate

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of United Real Estate: 888-501-6953.


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 2025-03-22T23:46:20.52.
 
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789 Clifton Avenue
Clifton NJ, 07013