335 S 19Th St

    Newark City, NJ 07103
    • $325,000
    • STATUS: Active Under Contract
    • ON SITE: 169 days
    • MLS #: 3522299
    Under Contract
    $325,000
    • 9
      BEDS
    • 0.06
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Description

    This is a must see Newark Investment Opportunity!! Large rooms, EIKs, ad magnificent backyard. It currently offers a cap rate of over 8%. This investment is fully rented and nearly 1200 sq ft per unit.Spacious living rooms and each kitchen features generous space for a6-seat dining table plus granite counters and tile backsplash. Renovated in 2012 w/all new bathrooms, hardwoods floors, spectacular stairways and the paved backyard is accessible to all tenants. Tenants pay gas, heat an electric. Gross rental income is $41,400 and total operating expenses $14,050. Do the numbers--it's solid opportunity.

    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 Mary K. Sheeran Team | Keller Williams Metropolitan. 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 Mary K. Sheeran Team | Keller Williams Metropolitan 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 2019-06-17T22:46:48.103.
    www.maryksheeran.com/homes/90499434

    335 S 19Th St Newark City, NJ 07103

    • Price: $325,000
    • Status: Active Under Contract
    • MLS #: 3522299
    9
    Beds
    5
    Baths
    0
    ½ Baths
    0.06
    Acres
    1920
    Built
    County:
    Essex
    Area:
    Newark City
    Property Description
    This is a must see Newark Investment Opportunity!! Large rooms, EIKs, ad magnificent backyard. It currently offers a cap rate of over 8%. This investment is fully rented and nearly 1200 sq ft per unit.Spacious living rooms and each kitchen features generous space for a6-seat dining table plus granite counters and tile backsplash. Renovated in 2012 w/all new bathrooms, hardwoods floors, spectacular stairways and the paved backyard is accessible to all tenants. Tenants pay gas, heat an electric. Gross rental income is $41,400 and total operating expenses $14,050. Do the numbers--it's solid opportunity.
    Exterior Features

    Approximate Lot Size 24.11X100 Exterior Description Aluminum Siding Number Of Parking Spaces 0 Parking Driveway Description None Roof Description Flat

    Interior Features

    Basement Yes Basement Description Unfinished Cooling Window A/C(S)3 Units Heating 3 UnitsForced Hot Air Total Number Of Rooms 15 Unit1 Appliances Equipment Carbon Monoxide DetectorCeiling Fan(S)Smoke DetectorFire Alarm SystemRefrigeratorSatellite Dish/Antenna Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description KitchenBedroomsMaster BedroomLiving Room Unit1 Rooms 5 Unit1 Security Deposit 1082 Unit1 Sq Ft 1150 Unit2 Appliances Equipment Carbon Monoxide DetectorCeiling Fan(S)Smoke DetectorFire Alarm SystemRange/Oven - GasRefrigerator Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description KitchenBedroomsMaster BedroomLiving Room Unit2 Rooms 5 Unit2 Sq Ft 1200 Unit3 Baths 1.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description KitchenMaster BedroomLiving Room Unit3 Rooms 5 Unit3 Sq Ft 1200

    Property Features

    Assessment Total 238500 Building Assessment 217500 Easement No Exclusions Tenant's Personal Property Fha Age Restricted No Fuel Type Electric Gross Operating Income 41400 Land Assessment 21000 Net Operating Income 27633 Sewer Public Sewer Tax Amount 8490 Tax Rate Amount 3.560 Tax Rate Year 2017 Tax Year 2017 Total Operating Expense 13767 Unit Style 3-Three Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatOwner Pays Water Unit1 Rent 1082 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays HeatOwner Pays Water Unit2 Rent 1206 Unit2 Security Deposit 1206 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatOwner Pays Water Unit3 Rent 1155 Unit3 Security Deposit 1155 Utilities ElectricGas-Natural Water Public Water

    Listing information © 2019 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Kw City Life Jc Realty.


    © 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 Mary K. Sheeran Team | Keller Williams Metropolitan. 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 Mary K. Sheeran Team | Keller Williams Metropolitan 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 2019-06-17T22:46:48.103.
     
    Mary K. Sheeran Team | Keller Williams Metropolitan
    333 Route 46 West Ste. 103
    Mountain Lakes NJ, 07046