14 N 7th St
Newark City, NJ 07107

Description

Amazing completely renovated, fully occupied Investment opportunity offering a TRUE 9.47% CAP in this booming Newark market. This turnkey home is all within close proximity to NYC, NJIT, Rutgers, 280, the PATH and so much more! This 3 family consists of 7 total bedrooms (2/3/2) and 3 fulls bathrooms. The property was recently just renovated with brand new REAL hardwood flooring, hot water heaters, furnaces, kitchens, bathrooms! All units are metered separately and are all on yearly leases. The property does come with a detached one car garage and has a basement which can be used for extra income. Call today as this property will NOT last!

Details

MLS#3564541
Sub-TypeResale
StatusActive
Year1900
Days On Site6

Features

SQ Feet1,957
Units3
Building(s)1

Additional Information

Annual Tax Amount4656
Assesed Tax Valuation126100
Tax ID3.693
Tax Rate2018
Tax Rate Year2018

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Area Information

StateNJ
CountyEssex
CityNewark City
Zip Code07107
AreaEssex
Listing VS Median (in 07107)
Price:
$339,900
low | high
Med:
$249,900
76.478375992939% of Average
SqFt:
1,957
low | high
Med:
2,434
25.625958099131% of Average
$ / SqFt:
$174
low | high
Med:
$103
90.886681108538% of Average
On Site:
6
low | high
Med:
14
42.857142857143% of Average
Listing Updated: 06/17/2019
MLS Number: 3564541
Listing Provided By:
RUANE CONOR  of  KELLER WILLIAMS CITY LIFE REALTY