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Map
$650,000
●
Multifamily -
For Sale
134 Palm Street
Newark, NJ 07106
7 Beds
5 Baths
$3,868
Estimated Monthly
57.83%
Cap Rate
About This Property
Spacious bedrooms, large living rooms and $4,000/month in rental
income are just a few of the highlights. When you walk into each
unit you are greeted with a large living room area. Couple steps
down and you walk into your open concept kitchen and dining room
area. Down the hall you will walk past two generously sized
bedrooms to enter the large master bedroom with an accompanying
master bathroom. Not to mention this property is currently
generating $4,000/month in rental income from just one of the
units! While still having room for an owner-occupant to move into
the renovated second floor unit. Situated in a prime location, it
is minutes from major highways like Garden State Parkway, I-78,
Route 22 & I-280. This property is located 15 minutes from Newark
Penn Station. While also being within 30 minutes from NYC! This
property is ideal for both first time homebuyers looking to have
ten
Unit Size
-
Days on Market
18 days
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$676
HOA Dues
-
Year Built
2003
Listed By
ALNAZIR BLACKMAN
SIGNATURE REALTY NJ
Last updated: 18 days ago (NJMLS #24014776)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 13, 2024 | Listed by Signature Realty NJ LLC | $650,000 | |
Listed by Signature Realty NJ LLC | |||
Jan 12, 2004 | Sold to Helen Vinson, Kenneth Bullock | $277,000 | |
Sold to Helen Vinson, Kenneth Bullock |
Property Highlights
Garage
Parking Details
Attached
Interior Details
Bedroom Information
Bedrooms: 7
Bathroom Information
Bathrooms: 5
Room Information
Total Rooms: 18
Fireplace Information
None
Exterior Details
Property Information
View: None
Building Information
Year Built: 2000's
Financial Details
Tax: $8,115
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Multifamily
7
Beds
3
Baths
-
$575,000
Jul 24, 2023
$575,000
Oct 5, 2023
$702/mo
Multifamily
7
Beds
3
Baths
-
$530,000
Jun 15, 2023
$530,000
Aug 28, 2023
$887/mo
Sold
Multifamily
6
Beds
5
Baths
-
$740,000
Apr 20, 2023
$740,000
Jun 23, 2023
$935/mo
Sold
Multifamily
6
Beds
4
Baths
-
$620,000
Jan 30, 2024
$620,000
May 6, 2024
$838/mo
Sold
Multifamily
8
Beds
3
Baths
-
$540,000
Jun 11, 2023
$540,000
Aug 22, 2023
$934/mo
Sold
Multifamily
6
Beds
3
Baths
-
$601,000
Jan 10, 2024
$601,000
Jan 10, 2024
$790/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|