$649,000
●
Multifamily -
For Sale
488 South 11th Street
Newark, NJ 07103
9 Beds
4 Baths,
1
Half Bath
$4,125
Estimated Monthly
$0
HOA / Fees
18.60%
Cap Rate
About This Property
Welcome to this fantastic opportunity in Newark, NJ! This
well-maintained 3-family home offers the perfect balance of
investment potential and comfortable living arrangements.
Conveniently located in Newark,NJ, this property provides easy
access to schools, shopping centers, public transportation and
major highways. Each unit offers LR/DR, EIN, Bath, 3 bedrooms, plus
bonus den/ Nursery room. In addition, tons of storage space in
basement! Take advantage of Newark's thriving rental market and
potential for long-term appreciation, making this property a solid
investment choice.
Unit Size
-
Days on Market
27 days
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$938
HOA Dues
-
Year Built
1905
Listed By
Last updated: 17 days ago (NJMLS #24009644)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2024 | Listed by Keller Williams Village Square Realty | $649,000 | |
| Listed by Keller Williams Village Square Realty | |||
Property Highlights
Parking Details
None
Interior Details
Bedroom Information
Bedrooms: 9
Bathroom Information
Bathrooms: 3
Half Bathrooms: 1
Room Information
Total Rooms: 15
Fireplace Information
None
Exterior Details
Property Information
View: None
Building Information
Year Built: 1960's, Renovated, New Construction-Existing Foundation
Financial Details
Tax: $11,254
488 South 11th Street
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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
9
Beds
4
Baths
-
$625,000
Mar 25, 2024
$625,000
Mar 25, 2024
$199/mo
Multifamily
9
Beds
6
Baths
-
$689,000
Mar 22, 2024
$689,000
Mar 22, 2024
$781/mo
Multifamily
9
Beds
8
Baths
-
$550,000
Jan 8, 2024
$550,000
Jan 8, 2024
$583/mo
Sold
Multifamily
8
Beds
4
Baths
-
$600,000
Jul 13, 2023
$600,000
Jul 13, 2023
$643/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
04/12/2022
|
|
9 Bed
|
3 Bath
|
-
|
$582,900
9 Bed
3 Bath
|
-
-
|
-
|
Daniel Mesrobian
LIBERTY REALTY LLC
|
|
08/18/2021
|
|
9 Bed
|
4 Bath
|
3000 ft²
|
$589,000
9 Bed
4 Bath
3000 ft²
|
-
-
|
-
|
MELINA SALAZAR
Keller Williams Village Square Realty
|
Building Info
488 South 11th Street
488 South 11th Street, Newark, NJ 07103
- 1 Unit for Sale
About West Side
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Nearby Rentals
Listed by: Melina M. Salazar
Keller Williams Village Square Realty
Last Updated: 17 days ago
Data Source: NJMLS , MLS# 24009644
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Keller Williams Village Square Realty
Last Updated: 17 days ago
Data Source: NJMLS , MLS# 24009644
All information deemed reliable but not guaranteed.© 2024 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
