$649,999
●
Multifamily -
In Contract
84 Scheerer Avenue
Newark, NJ 07112
8 Beds
3 Baths
$4,080
Estimated Monthly
$0
HOA / Fees
16.46%
Cap Rate
About This Property
Your investment search ends here! This legal three-family home
presents a unique investment opportunity with separate utilities
for each unit. The second floor and third-floor units are currently
vacant, offering great potential for rental income.Property
Highlights:- Legal three-family home- Separate utilities- Second
and third-floor units vacant- Potential for rental income-
Convenient location in Newark, NJBonus Feature:The property is
assessed for four bathrooms, alleviating the need for a permit to
build an additional bathroom in the basement.Situated in a
desirable area of Newark, NJ, this property is close to amenities,
transportation, and only a few minutes from the Ironbound section
of Newark!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$888
HOA Dues
-
Year Built
1917
Listed By
LEONARDO TATIS
LIFESTYLE INTERNATIONAL REALTY
Last updated: 12 hours ago (NJMLS #24009047)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 27, 2024 | In contract | - | |
In contract | |||
Mar 25, 2024 | Listed by United Real Estate | $649,999 | |
Listed by United Real Estate | |||
Feb 17, 2021 | Sold to Farhana Chowdhury | $376,000 | |
Sold to Farhana Chowdhury |
Property Highlights
Parking Details
None
Interior Details
Bedroom Information
Bedrooms: 8
Bathroom Information
Bathrooms: 3
Room Information
Total Rooms: 16
Fireplace Information
None
Basement Information
Unfished
Exterior Details
Property Information
View: None
Building Information
Year Built: 1900-1939
Financial Details
Tax: $10,658
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
8
Beds
3
Baths
-
$650,000
Dec 11, 2023
$650,000
Dec 11, 2023
$882/mo
Multifamily
8
Beds
3
Baths
-
$600,000
May 17, 2023
$600,000
May 17, 2023
$800/mo
Sold
Multifamily
6
Beds
5
Baths
-
$640,000
Nov 8, 2023
$640,000
Nov 8, 2023
$743/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/01/2022
|
|
3 Bed
|
1 Bath
|
-
|
$2,100
3 Bed
1 Bath
|
-
-
|
-
|
Thomas Mosera
Keller Williams Team Realty
|