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781 S 12Th St

Newark City, NJ 07108
  • $690,000
  • STATUS: Active Under Contract
  • ON SITE: 176 Days
  • MLS #: 3907971
UPDATED: 104 min ago
$690,000
  • 8
    BEDS
  • 0.09
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1907
County:
Area:

School Ratings & Info

Description

Renovated 3-Family Home with Driveway in Newark, NJDiscover this beautifully renovated 3-family home located in the heart of Newark, NJ. Situated in an upcoming town that commands some of the highest rents in the nation, this property offers an exceptional opportunity for investors or owner-occupiers looking to capitalize on Newark's booming rental market.Each unit in this meticulously updated property features modern amenities and stylish finishes, ensuring tenant satisfaction and maximizing rental income potential. The convenience of a private driveway adds to the property's appeal, providing valuable off-street parking in a bustling urban environment.Located strategically for both convenience and investment potential, this property is ideal for those seeking a turnkey investment in a rapidly appreciating market. Don't miss out on your chance to own a piece of Newark's promising real estate landscape.

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Garden State MLS logo © 2024 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 2024-12-08T23:46:11.33.
www.pickpina.com/homes/151710983
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781 S 12Th St Newark City, NJ 07108

  • Price: $690,000
  • Status: Active Under Contract
  • On Site: 176 Days
  • Updated: 104 min ago
  • MLS #: 3907971
8
Beds
3
Baths
0
½ Baths
0.09
Acres
1907
Built
County:
Essex
Area:
Newark City
Property Description
Renovated 3-Family Home with Driveway in Newark, NJDiscover this beautifully renovated 3-family home located in the heart of Newark, NJ. Situated in an upcoming town that commands some of the highest rents in the nation, this property offers an exceptional opportunity for investors or owner-occupiers looking to capitalize on Newark's booming rental market.Each unit in this meticulously updated property features modern amenities and stylish finishes, ensuring tenant satisfaction and maximizing rental income potential. The convenience of a private driveway adds to the property's appeal, providing valuable off-street parking in a bustling urban environment.Located strategically for both convenience and investment potential, this property is ideal for those seeking a turnkey investment in a rapidly appreciating market. Don't miss out on your chance to own a piece of Newark's promising real estate landscape.
Exterior Features

Approximate Lot Size 37.6X100 Exterior Description Aluminum Siding Exterior Features DeckSidewalk Number Of Parking Spaces 3 Parking Driveway Description 1 Car WidthBlacktop Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling 3 UnitsWall A/C Unit(s) Heating 3 UnitsRadiators - Steam Interior Features Carbon Monoxide DetectorChandelierHigh CeilingsSmoke DetectorVinyl-Linoleum FloorsWood Floors Total Number Of Rooms 20 Unit1 Appliances Equipment CarbMDetCookGasMicrowavRgOvGasRefrigSmokeDet Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomEat-In KitchenKitchenLiving RoomStorage Unit1 Rooms 9 Unit1 Security Deposit 0 Unit1 Sq Ft 1200 Unit2 Appliances Equipment CarbMDetCookGasMicrowavRgOvGasRefrigSmokeDet Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsDenDining RoomEat-In KitchenKitchenLiving Room Unit2 Rooms 10 Unit2 Sq Ft 1200 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsKitchenLiving/Dining Room Unit3 Rooms 5 Unit3 Sq Ft 650

Property Features

Assessment Total 280300 Building Assessment 267400 Easement No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 79200 Land Assessment 12900 Net Operating Income 64751 Renovated Year 2024 Sewer Public Available Tax Amount 10449 Tax Rate Amount 3.728 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 14449 Unit Style 3-Three StoryTriplex Unit1 Owner Tenant Pays Tenant Pays Electric Unit1 Rent 2400 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays Electric Unit2 Rent 2400 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Tenant Pays Electric Unit3 Rent 1800 Unit3 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 201-435-5000.


Garden State MLS logo © 2024 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 2024-12-08T23:46:11.33.
 
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Clifton NJ, 07013