Skip To Content

79 S 11Th St

Newark City, NJ 07107
  • $549,000
  • STATUS: Active Under Contract
  • ON SITE: 180 Days
  • MLS #: 3907045
$549,000
  • 10
    BEDS
  • 0.06
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1915
County:
Area:

School Ratings & Info

Description

Income producing investment property that's perfect for an owner occupant or investor looking for consistent and stable cash flow. 10 bedrooms, 4 full baths, separate utilities, secured leases until November 30th. Ideal location that's next to mass transit, highways, shopping centers, schools, and recreation. Community Loan Program, super low rates in 5.875% range, with only 5% down CONV NO PMI and a large lender credit of 1% towards closing costs also possible $10k Down payment assistance

Monthly Payment Calculator



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/151551115
Print Image

79 S 11Th St Newark City, NJ 07107

  • Price: $549,000
  • Status: Active Under Contract
  • On Site: 180 Days
  • MLS #: 3907045
10
Beds
4
Baths
0
½ Baths
0.06
Acres
1915
Built
County:
Essex
Area:
Newark City
Property Description
Income producing investment property that's perfect for an owner occupant or investor looking for consistent and stable cash flow. 10 bedrooms, 4 full baths, separate utilities, secured leases until November 30th. Ideal location that's next to mass transit, highways, shopping centers, schools, and recreation. Community Loan Program, super low rates in 5.875% range, with only 5% down CONV NO PMI and a large lender credit of 1% towards closing costs also possible $10k Down payment assistance
Exterior Features

Approximate Lot Size 25X100 Exterior Description BrickVinyl Siding Number Of Parking Spaces 0 Parking Driveway Description None Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Full Cooling Window A/C(s) Heating See Remarks Total Number Of Rooms 27 Unit1 Appliances Equipment Microwave OvenRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 2.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomKitchenLiving Room Unit1 Rooms 5 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Microwave OvenRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsKitchenLiving Room Unit2 Rooms 5 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsKitchenLiving Room Unit3 Rooms 14

Property Features

Assessment Total 122000 Building Assessment 100700 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 64800 Land Assessment 21300 Net Operating Income 58144 Sewer Public Sewer Tax Amount 4548 Tax Rate Amount 3.728 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 6655 Unit Style 3-Three Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 2000 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 1800 Unit2 Security Deposit 0 Utilities Gas-Natural Water Public Water

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Liberty Realty, Llc.: 201-222-2900.


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.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_2_3907045-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_2_3907045-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_2_3907045-2.jpg
Logo
Pina Nazario, Coldwell Banker Residential Brokerage
789 Clifton Avenue
Clifton NJ, 07013