$799,000
●
Multifamily -
In Contract
55 3rd St
Newark City, NJ 07107
9 Beds
0 Bath
$3,924
Estimated Monthly
$0
HOA / Fees
About This Property
DISCOVER AN INVESTMENT GEM IN NEWARK'S VIBRANT LANDSCAPE AT 55-57
3RD ST. THIS UNIQUE NON-CONFORMING 3-FAMILY HOME BOASTS 9 BEDROOMS,
WITH EACH UNIT OFFERING 3 BEDROOMS. THE TOP FLOOR STANDS OUT BEING
TASTEFULLY UPDATED, FEATURING NEW FLOORING, FRESHLY PAINTED
INTERIORS, AND CHIC TILED BATHROOMS WITH NEW VANITIES, 2 FULL
BATHS, INCLUDING A PRIMARY BATH, AND BALCONY ACCESS THROUGH SLIDING
DOORS, PROVIDING AN ELEGANT TOUCH. ENJOY THE CONVENIENCE OF
SEPARATE UTILITIES, ENSURING A HASSLE-FREE LIVING EXPERIENCE FOR
EACH UNIT. OUTSIDE, A SPACIOUS DRIVEWAY ACCOMMODATES 4+ CARS,
COMPLEMENTED BY 5 DETACHED GARAGES, OFFERING BOTH CONVENIENCE AND
STORAGE SOLUTIONS. THE BASEMENT ADDS EXTRA SPACE FOR VARIOUS
PURPOSES. BEYOND THE PROPERTY, IMMERSE YOURSELF IN THE VIBRANT
NEIGHBORHOOD. CONVENIENTLY LOCATED, THIS RESIDENCE IS A STONE'S
THROW AWAY FROM LOCAL AMENITIES, SCHOOLS, AND TRANSPORTATION HUBS.
THE OWNER IS IN THE PROCESS OF EXPLORING THE CONVERSION TO A LEGAL
3-FAMILY, A POTENTIAL VALUE ADDITION FOR THE DISCERNING BUYER. THE
PROPERTY IS BEING SOLD IN AS-IS CONDITION AND AS A LEGAL 2 FAMILY
HOME. DON'T MISS THE CHANCE TO OWN THIS VERSATILE PROPERTY IN A
THRIVING COMMUNITY!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$781
HOA Dues
-
Year Built
-
Listed By
Last updated: 28 days ago (GSMLS #3883395)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 3, 2024 | In contract | - | |
In contract | |||
Jan 26, 2024 | Listed by RE/MAX FIRST REALTY II | $799,000 | |
Listed by RE/MAX FIRST REALTY II |
Property Highlights
Garage
Parking Details
Garage Spaces: 5
Open Parking Spaces: 4
Driveway Description: Blacktop, Driveway-Exclusive, Fencing, Off-Street Parking
Garage Description: Detached Garage
Interior Details
Interior Information
Water Heater: Gas
Basement Information
Has Basement
Basement Description: Finished-Partially
Exterior Details
Property Information
Renovated Year: 2023
Year Built Description: Approximate, Renovated
Financial Details
Tax Rate: 3.736
Tax Rate Year: 2022
Tax Year: 2022
Tax Amount: $9,377
Assessment Building: $227,100
Assessment Land: $23,900
Assessment Total : $251,000
Utilities Details
Cooling Type: None
Heating Type: 3 Units, Baseboard - Hotwater
Heating Fuel: Gas-Natural
Water Source: Public Water
Sewer Septic: Public Sewer
Utilities: Gas In Street
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
5
Baths
-
$750,000
Dec 26, 2023
$750,000
Dec 26, 2023
$763/mo
Sold
Multifamily
9
Beds
3
Baths
-
$715,000
Feb 1, 2024
$715,000
Feb 1, 2024
$749/mo
Sold
Multifamily
9
Beds
3
Baths
-
$688,000
Aug 16, 2023
$688,000
Aug 16, 2023
$512/mo
Sold
Multifamily
8
Beds
6
Baths
-
$756,000
Dec 7, 2023
$756,000
Dec 7, 2023
$1,032/mo
Sold
Multifamily
8
Beds
5
Baths
-
$811,000
May 5, 2023
$811,000
May 5, 2023
$908/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|