Property Description
INVESTMENT OPPORTUNITY! Great 4 family, total gut renovation, top quality construction, nothing to do or upgrade. Collect rent and watch your investment appreciate. Fully rented, but possibility for owner occupied. Over 7% cap rate, see media section for financials. Large, beautiful, two bedroom, 1 bath apartments totally renovated in 2018 with gleaming wood floors, eat-in kitchens with granite countertops, new appliances, central A/C lots of light and closet space. Private parking in rear for each tenant and one owner space. Up and coming area in North Newark with good commute near Newark Broad St Station, NJIT and Rutgers.
Features
: Forced Hot Air, 4+ Units
: Central Air, 4+ Units
: Full, Finished-partially
: Asphalt Shingle
: Assigned, Driveway-exclusive, Parking Lot-exclusive, Concrete
: Aluminum Siding
: Security System, Carbon Monoxide Detector, Fire Extinguisher, Wood Floors
4
: All Underground, Electric, Gas In Street
: Public Water
Address Map
N 12Th St
54
0
W75° 48' 22.5''
N40° 45' 29.1''
North 12th at 6th Ave
MLS Addon
RE/MAX SELECT
291393
: Level Lot
158133
$0
$0

Multi-Family For Sale

54 N 12Th St, Newark City, 07107-1104

9 Bedrooms
4 Bathrooms
0.11 Acre
$899,000
Listing ID #44861
Basic Details
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 44861
Ref ID : 3816843
Price : $899,000
Bedrooms : 9
Bathrooms : 4
Year Built : 1918
Lot Area : 0.11 Acre
Country : US
County : Essex
City : Newark City
Zipcode : 07107-1104
Days On Market : 86
Status : Active
Lot Size : 48X100
Taxes : $8,517
Tax Year : 2021
Active Days on Market : 0
Agent info
Century 21 Gemini LLC
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