52 3RD ST , #3

    Newark City, NJ 07107
    • $450,000
    • STATUS: Active
    • ON SITE: 109 days
    • MLS #: 3577199
    $450,000
    • 11
      BEDS
    • 0.05
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1950
    County:
    Area:

    School Ratings & Info

    Description

    .Excellent investment opportunity to own a 3 family home in up and coming Fairmount section of Newark. What?s not to love about its profile: .2 four bedroom and one 3 bedroom apartments, separate utilities including furnace and water heaters, low taxes, presents upside for increased market rents, and currently gaining over a 7% cap rate. Perfect for investors or owner occupants. Get into the investment hype Newark has to offer and book your showing today.

    Monthly Payment Calculator



    © 2019 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Prominent Properties Sotheby's International Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Prominent Properties Sotheby's International Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-11-17T22:46:00.353.
    www.srrealestategroup.com/homes/97465439

    52 3RD ST , #3 Newark City, NJ 07107

    • Price: $450,000
    • Status: Active
    • MLS #: 3577199
    11
    Beds
    3
    Baths
    0
    ½ Baths
    0.05
    Acres
    1950
    Built
    County:
    Essex
    Area:
    Newark City
    Property Description
    .Excellent investment opportunity to own a 3 family home in up and coming Fairmount section of Newark. What?s not to love about its profile: .2 four bedroom and one 3 bedroom apartments, separate utilities including furnace and water heaters, low taxes, presents upside for increased market rents, and currently gaining over a 7% cap rate. Perfect for investors or owner occupants. Get into the investment hype Newark has to offer and book your showing today.
    Exterior Features

    Approximate Lot Size 25X95 Exterior Description Aluminum Siding Garage Description None Number Of Parking Spaces 0 Parking Driveway Description None Roof Description Asphalt ShingleFlat

    Interior Features

    Basement Yes Basement Description Unfinished Cooling Window A/C(S) Heating See Remarks Total Number Of Rooms 24 Unit1 Appliances Equipment See Remarks Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description Dining RoomKitchenBedroomsLiving Room Unit1 Rooms 7 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment See Remarks Unit2 Baths 1.0 Unit2 Bedrooms 4 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description Dining RoomKitchenBedroomsLiving Room Unit2 Rooms 8 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 4 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description Dining RoomKitchenBedroomsLiving Room Unit3 Rooms 8 Unit3 Sq Ft 0

    Property Features

    Assessment Total 184900 Building Assessment 164100 Building Number 1 Easement No Exclusions All Personal Property Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 20800 Net Operating Income 0 Sewer Public Sewer Tax Amount 6828 Tax Rate Amount 3.693 Tax Rate Year 2018 Tax Year 2018 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatOwner Pays Water Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatOwner Pays Water Unit2 Rent 1450 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatOwner Pays Water Unit3 Rent 1350 Unit3 Security Deposit 0 Utilities Gas-Natural Water Public Water Year Built Description Approximate

    Listing information © 2019 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Liberty Realty, Llc..


    © 2019 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Prominent Properties Sotheby's International Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Prominent Properties Sotheby's International Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-11-17T22:46:00.353.
     
    Prominent Properties Sotheby's International Realty
    309 Springfield Ave
    Summit NJ, 07901