$450,000

23 Schuyler Ave

Newark City NJ, 07112

Description

Wonderful investment opportunity with high rent roll! Purchase to occupy one unit and lease out the others; or potentially rent all three large units to earn a steady passive income. This home is a finished product that was recently renovated and practically pays for itself with the ideal floor plan layout to maximize profit from rental income. Great choice for commuters because of the proximity to Rt. I-78. Plenty of access to public transportation nearby such as Newark Penn Station and the Irvington Bus Terminal. With both an elementary school and a highschool only a few blocks away.

Details

MLS#3596188
Sub-TypeResale
StatusActive
Year1920
Days On Site24

Features

SQ Feet3,270
Units3
Building(s)1

Additional Information

Annual Tax Amount6193
Assesed Tax Valuation167700
Tax ID3.693
Tax Rate2018
Tax Rate Year2018

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Area Information

StateNJ
CountyEssex
CityNewark City
Zip Code07112
AreaEssex
Listing VS Median (in 07112)
Price:
$450,000
low | high
Med:
$250,500
94.333333333333% of Average
SqFt:
3,270
low | high
Med:
0
100% of Average
$ / SqFt:
$138
low | high
Med:
$0
100% of Average
On Site:
24
low | high
Med:
86.5
27.745664739884% of Average
Listing Updated: 11/15/2019
MLS Number: 3596188
Listing Provided By:
DE OLIVEIRA BRANDON  of  PROMINENT PROPERTIES SIR