Listed by: Eyal Levy, [email protected], Keller Williams Park Views, (201) 939-0050, Listing Courtesy of NJMLS
$391,000
●
House -
Off Market
65 Pine Grove Terrace
Newark, NJ 07106
6 Beds
3 Baths,
1
Half Bath
$2,349
Est. Monthly
27.84%
Cap Rate
About This Property
Back on Market - buyer not able to perform. Welcome to this massive
and stunning property offering the perfect mix of comfort and
elegance. The 1st Fl has the living room, dining room, kitchen and
1 half Ba. First floor has an inviting foyer and porch that leads
to the beautifully detailed living area and hardwood floors all
throughout, complete with large windows that provides natural
light. The stunning kitchen features high-end stainless steel
appliances, long marble countertops, and a lot cabinet space! The
adjacent dining area is very roomy. 2nd Fl has 4 large Br and 1
full Ba while third floor offers 2 large Br 1 full Ba. Total of 6
Br and 2.5 Ba. Located within close proximity to parks, shops, and
restaurants, this home offers the perfect balance of tranquility
and convenience. Don't miss the opportunity to make this yours NOW!
Property also qualifies for a CRA program with REDUCED INTEREST
RATE , LOW DOWN PAYMENT & NO PMI making this an opportunity you do
not want to miss!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1917
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (NJMLS #23031243)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2023 | Sold | ||
| Sold | |||
| Dec 29, 2023 | Listed by Keller Williams Park Views | $369,000 | |
| Listed by Keller Williams Park Views | |||
| Nov 17, 2023 | In contract | - | |
| In contract | |||
| Nov 10, 2023 | Relisted | - | |
| Relisted | |||
| Nov 3, 2023 | In contract | - | |
| In contract | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Lower Vailsburg
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Listed by: Eyal Levy
Keller Williams Park Views
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 23031243
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 Park Views
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 23031243
All information deemed reliable but not guaranteed.© 2026 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.
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