$590,000
●
Multifamily -
Off Market
224-226 South 7th Street
Newark, NJ 07103
6 Beds
4 Baths
$3,700
Estimated Monthly
$0
HOA / Fees
17.69%
Cap Rate
About This Property
DON'T MISS - IDEAL INVESTMENT OPPORTUNITY IN THE MIDST OF A
RENAISSANCE in the "New" City of Newark! The right buyer will see
this opportunity for renting and/or living in this up and coming
area near University Hghts and Downtown Newark. This Lg 3 Fam home
(with 5 Fam potential) has hardwood floors throughout. Lg open
porch leads to a Lg entry hallway. All apartments feature uniquely
lg rooms and high ceilings. 1st fl. boasts 2 spaces: 1 bdrm w/lg EI
kit; and a possible studio w/kit or laundry rm/storage potential.
2nd fl is a 3-bdrm with lg EI kit and 3rd fl is a 1-bdrm w/lg rooms
and kit. Full unfinished basement is a walkout, presenting add'l
space for storage or for the savvy investor with vision to
potentially convert into an add'l apartment. 4 car off str.
parking. Blocks from a major medical campus, Universities, schools,
hospitals, major highways, public transport, Downtown Newark, Penn
Station NYC, and more! Buyer responsible for CO CCC etc
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$803
HOA Dues
-
Year Built
-
Last updated: 2 months ago (NJMLS #23038268)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 22, 2024 | Sold | $590,000 | |
Sold | |||
Mar 22, 2024 | Listed by Realty Mark Central | $550,000 | |
Listed by Realty Mark Central | |||
Mar 8, 2024 | In contract | - | |
In contract |
Property Highlights
Parking Details
O/See Remk, Park Space
Interior Details
Bedroom Information
Bedrooms: 6
Bathroom Information
Bathrooms: 4
Room Information
Total Rooms: 13
Fireplace Information
None
Basement Information
Unfinished
Exterior Details
Property Information
View: None
Building Information
Year Built: 1900-1939
Financial Details
Tax: $9,631
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
Sold
Multifamily
5
Beds
3
Baths
-
$550,000
Mar 20, 2024
$550,000
Mar 20, 2024
$382/mo
Multifamily
7
Beds
2
Baths
-
$500,000
Jan 30, 2024
$500,000
Jan 30, 2024
$485/mo
Sold
Multifamily
9
Beds
4
Baths
-
$625,000
Mar 25, 2024
$625,000
Mar 25, 2024
$199/mo
Sold
Multifamily
9
Beds
6
Baths
-
$630,000
Oct 16, 2023
$630,000
Oct 16, 2023
$609/mo
Sold
Multifamily
9
Beds
5
Baths
-
$627,000
Jul 7, 2023
$627,000
Jul 7, 2023
$962/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
224 South 7th Street
224 South 7th Street, Newark, NJ 07103
- 1 Unit for Sale