Property Description
Fully vacant legal 2 family w/ 5 bedrooms 2 baths with low taxes in North Newark in the Roseville section near Branchburg Park. The first floor unit has a 1 bedroom apartment that can be connected to the basement to create additional space. Once you have finished the basement you can create another duplex apartment or a separate unit that has a walk out to the spacious garden. HVAC in both units and water tanks are in good condition one is located in the basement and the other is in 3rd floor bedroom closet. 3 bedroom duplex spread over two floors that consists of a living room, bedroom and eat in kitchen on the 1st floor. The 2nd floor has additional bedrooms with the option to install a bathroom. After repair value $550-590K+ depending on your scope of works and finishings. Gross rental estimated $3500- $4700+ pcm. There are several air b & b properties located across the road from this home generating over $6000+ pcm. Only street parking is available. Close to all modes of public transportation and minutes away from Downtown Newark, Rutgers University, I-280 and Garden State Pkwy an easy commute to New York. Please submit your best offer at your first opportunity. The home will not meet FHA guidelines at this time as it was purchased less than 90 days ago. The owner holds a real estate license.
Features
: Multi-zone, 2 Units
: See Remarks
: Unfinished
: Asphalt Shingle
: On-street Parking
: Brick, Vinyl Siding
: Metal Fence
: Smoke Detector, Carbon Monoxide Detector, Fire Extinguisher, Vinyl-linoleum Floors, Tile Floors
0
: All Underground
: Public Water
Address Map
N 6Th St
251
0
W75° 48' 44.1''
N40° 45' 26.1''
Park Ave N 6th or I -280 7th Ave N 6th
MLS Addon
RE/MAX FIRST REALTY II
292273
: Level Lot
5205
R2
$0
$0
Multi-Family For Sale
251 N 6Th St, Newark City, 07107-1607
4 Bedrooms
2 Bathrooms
0.06 Acre
$449,500
Listing ID #45419
Basic Details
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 45419
Ref ID : 3823843
Price : $449,500
Bedrooms : 4
Bathrooms : 2
Year Built : 1920
Lot Area : 0.06 Acre
Country : US
County : Essex
City : Newark City
Zipcode : 07107-1607
Status : Active
Lot Size : 25X100
Taxes : $4,106
Tax Year : 2022
Active Days on Market : 0
Agent info
Century 21 Gemini LLC
- Dean Bobo
- 973-769-5235
- 973-696-0805
-
deanbobo@gmail.com
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