by RHP Realty

See Home Value
$650,000
Multifamily - Off Market

226 North 11th Street

Newark, NJ 07107
bedrooms
7 Beds
bathrooms
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


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
7 Beds
3 Baths
-
$585,000 Aug 25, 2023
$585,000 Aug 25, 2023
$779/mo
Multifamily
7 Beds
4 Baths
-
$750,000 May 5, 2023
$750,000 May 5, 2023
$593/mo
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
Multifamily
7 Beds
3 Baths
-
$565,000 Jan 15, 2024
$565,000 Jan 15, 2024
$498/mo
Multifamily
7 Beds
3 Baths
-
$520,000 Jun 5, 2023
$520,000 Jun 5, 2023
$855/mo
Multifamily
7 Beds
3 Baths
-
$699,000 Aug 29, 2023
-
$940/mo
Multifamily
7 Beds
3 Baths
-
$599,900 Jun 16, 2023
-
$609/mo
Multifamily
7 Beds
3 Baths
-
$615,000 Aug 28, 2023
-
$758/mo
In Contract
Multifamily
7 Beds
3 Baths
-
$524,900 Dec 18, 2023
-
$393/mo
Multifamily
8 Beds
4 Baths
-
$569,000 Jan 2, 2024
-
$525/mo
Multifamily
8 Beds
4 Baths
-
$549,900 Jan 10, 2024
-
$550/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231106
11/06/2023
8 Bed
3 Bath
2780 ft²
$599,900
bedrooms
8 Bed
bathrooms
3 Bath
square feet
2780 ft²
$650,000 +8.35%
01/19/2024
SILVIO LAVRADOR
RE/MAX SELECT

Building Info

226 North 11th Street 226 North 11th Street, Newark, NJ 07107
More about this Building
226 North 11th Street
Want to find out who owns 226 North 11th Street, Newark, NJ 07107? Get detailed property transactions here .

About Upper Roseville


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