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Map
$550,000
●
Multifamily -
Off Market
248 N 11Th St
Newark City, NJ 07107
6 Beds
0 Bath
$2,701
Estimated Monthly
$0
HOA / Fees
About This Property
Welcome to this charming three-family home, a rare find in the
heart of Newark.This stunning white home stands out, showcasing its
classic charm and curb appeal. Well-maintained and boasting a
shared driveway and a spacious backyard, this property offers both
beauty and functionality.Each of the three units features 2
bedrooms and 1 bath as well as a well-designed layout to provide a
comfortable retreat, perfect for tenants looking for a peaceful
living space.This three-family home is a fantastic investment
opportunity, offering the potential for significant rental income.
Each apartment is on a month to month lease. Whether you're looking
to rent out all three units or live in one and rent out the others,
this property provides flexibility and financial upside. Situated
in a prime location in Newark, this home offers easy access to
public transportation, major highways, and local amenities. Don't
miss out on this incredible investment opportunity in Newark, NJ.
Schedule a viewing today and see the potential this three-family
home has to offer! Home is sold in As is Condition. Please include
that Inspections will be limited to structural and environmental.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$574
HOA Dues
-
Year Built
1957
Last updated: 2 months ago (GSMLS #3892090)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 21, 2024 | Listed by NEST SEEKERS NEW JERSEY LLC | $550,000 | |
Listed by NEST SEEKERS NEW JERSEY LLC | |||
Jan 18, 1991 | Sold to Agnes Budhu, Bharat Budhu | $145,000 | |
Sold to Agnes Budhu, Bharat Budhu |
Property Highlights
Parking Details
Open Parking Spaces: 5
Driveway Description: 1 Car Width, Driveway-Shared
Interior Details
Interior Information
Interior Features: Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors
Water Heater: Oil
Basement Information
Has Basement
Basement Description: Unfinished
Exterior Details
Property Information
Year Built Description: Approximate
Financial Details
Tax Rate: 3.728
Tax Rate Year: 2023
Tax Year: 2023
Tax Amount: $6,893
Assessment Building: $157,100
Assessment Land: $27,800
Assessment Total : $184,900
Utilities Details
Cooling Type: Wall A/C Unit(s)
Heating Type: Radiant - Hot Water
Heating Fuel: OilAbIn
Water Source: Public Water
Sewer Septic: Public Sewer
Utilities: See Remarks
Services: Cable TV, Cable TV Available, Fiber Optic
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
6
Beds
3
Baths
-
$525,000
Feb 9, 2024
$525,000
Feb 9, 2024
$492/mo
Multifamily
7
Beds
4
Baths
-
$570,000
Nov 10, 2023
$570,000
Nov 10, 2023
$481/mo
Multifamily
7
Beds
3
Baths
-
$650,000
Jan 16, 2024
$650,000
Jan 16, 2024
$538/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
248 North 11th Street
248 North 11th Street, Newark, NJ 07107
- 1 Unit for Sale