Presenting an exceptional income-generating property in Newark, this updated 2-family residence spans 4380 sq ft as per town records. First and second floor apartments each offer 3 bedrooms, one new bathroom, spacious kitchen with walk-in pantry and master bedrooms with walk-in closets. Fully finished large attic with a lot of potential including a bath to add value. Attic and second floor apartment were rented together to a section 8 family. Mostly finished basement with new bathroom and inside/outside entrances. Basement floor is unfinished and seller won't credit for it. No appliances. First floor apartment won't be available for showings and the property is expected to be delivered with a first-floor tenant, unless otherwise negotiated. Buyers will assume responsibility for C of O. In the process of removing an underground oil tank at owner's expense. Sold strictly 'as is'. Close to transportation and shopping.
212 3Rd St, Newark City NJ 07107-2211
Property City
Newark City
Property Price
$629,000
Bedrooms
7
Year Built
1915
Tax Annual Amount
$4959
TaxYear (*text)
2024
Roof (*text)
Asphalt Shingle
Lot Size Area
0.06
MLS Status
Active
MLS #
4004317
Yearly Tax Rate
3.803
Year Built (*numeric)
1915
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
None
Heating
2 Units, Auxiliary Electric Heat, Radiators - Hot Water
Lot Size Dimensions
25X100
Data import from
GSMLS