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Map
$650,000
●
Multifamily -
Off Market
226 North 11th Street
Newark, NJ 07107
7 Beds
3 Baths
$3,730
Estimated Monthly
61.78%
Cap Rate
About This Property
This fully renovated VACANT 3 family home with parking is ready to
generate huge income for its new owner. Located in desirable North
Newark neighborhood, this property is a solid investment whether
you plan to live in it or keep as a rental. Offering nearly 3,000
sq ft of living space between 3 spacious apartments with hardwood
flooring, tall ceilings, renovated kitchens and bathrooms, and
forced air heat! Units 1 & 2 have similar layouts with open eat-in
kitchen / living room area, 3 ample bedrooms, and full bath. the
2nd unit also includes an oversized closet and porch off the
primary bedroom. Market rent for these apts ranges from
$1,900-$2,100. The 3rd unit has a large living room, renovated eat
in kitchen, 1 br and full bath. Market rent for this unit is
between $1,300-$1,450. The large unfinished basement has a separate
entrance and has many possibilities. Separate utilities, furnaces &
water heaters. Extra low taxes of only $6,459.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$538
HOA Dues
-
Year Built
1952
Last updated: 5 months ago (NJMLS #23034129)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 19, 2024 | Sold to Daniel I Frederick | $650,000 | |
Sold to Daniel I Frederick | |||
Jan 16, 2024 | Listed by RE/MAX SELECT - Montclair | $599,900 | |
Listed by RE/MAX SELECT - Montclair | |||
Nov 29, 2023 | In contract | - | |
In contract | |||
Nov 22, 2016 | Sold to Homes Group Llc Harness | $105,000 | |
Sold to Homes Group Llc Harness | |||
Jan 7, 2016 | Sold to Equities Llc Delamere | $90,000 | |
Sold to Equities Llc Delamere |
Property Highlights
Parking Details
None
Interior Details
Bedroom Information
Bedrooms: 7
Bathroom Information
Bathrooms: 3
Room Information
Total Rooms: 15
Fireplace Information
None
Exterior Details
Property Information
View: None
Building Information
Year Built: 1900-1939
Financial Details
Tax: $6,456
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
-
$585,000
Aug 25, 2023
$585,000
Aug 25, 2023
$779/mo
Sold
Multifamily
7
Beds
4
Baths
-
$750,000
May 5, 2023
$750,000
May 5, 2023
$593/mo
Sold
Multifamily
7
Beds
3
Baths
-
$600,000
Jul 17, 2023
$600,000
Jul 17, 2023
$742/mo
Multifamily
7
Beds
4
Baths
-
$570,000
Nov 10, 2023
$570,000
Nov 10, 2023
$481/mo
Sold
Multifamily
7
Beds
3
Baths
-
$565,000
Jan 15, 2024
$565,000
Jan 15, 2024
$498/mo
Sold
Multifamily
7
Beds
3
Baths
-
$520,000
Jun 5, 2023
$520,000
Jun 5, 2023
$855/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/06/2023
|
|
8 Bed
|
3 Bath
|
2780 ft²
|
$599,900
8 Bed
3 Bath
2780 ft²
|
$650,000
+8.35%
01/19/2024
|
SILVIO LAVRADOR
RE/MAX SELECT
|