49 North 9th Street

    Newark City, NJ 07107
    • $219,900
    • STATUS: Active Under Contract
    • ON SITE: 45 days
    • MLS #: 3563128
    Under Contract
    UPDATED: 103 min ago
    $219,900
    • 7
      BEDS
    • 0.08
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Description

    Unique below market value opportunity ready to customize and finish this cash flowing three family which building plans have been carefully crafted and approved by the city of Newark. This home has been drafted to include 7 bedrooms and 5 full baths with conservative projected Rent Income of $4,200. The seller is in possession of the temporary CO and this property has been fully gutted and ready for a complete renovation. This property is being sold in as is condition, buyer responsible for all town certificates and municipal requirements, and prefer cash or hard money for a faster closing.

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    © 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 2019-07-22T10:46:28.97.
    www.maryksheeran.com/homes/95592840

    49 North 9th Street Newark City, NJ 07107

    • Price: $219,900
    • Status: Active Under Contract
    • Updated: 103 min ago
    • MLS #: 3563128
    7
    Beds
    5
    Baths
    0
    ½ Baths
    0.08
    Acres
    1920
    Built
    Neighborhood:
    North Newark
    County:
    Essex
    Area:
    Newark City
    Property Description
    Unique below market value opportunity ready to customize and finish this cash flowing three family which building plans have been carefully crafted and approved by the city of Newark. This home has been drafted to include 7 bedrooms and 5 full baths with conservative projected Rent Income of $4,200. The seller is in possession of the temporary CO and this property has been fully gutted and ready for a complete renovation. This property is being sold in as is condition, buyer responsible for all town certificates and municipal requirements, and prefer cash or hard money for a faster closing.
    Exterior Features

    Approximate Lot Size 25X137 Exterior Description Vinyl Siding Number Of Parking Spaces 4 Parking Driveway Description 2 Car Width Roof Description Asphalt Shingle

    Interior Features

    Basement Yes Basement Description WalkoutUnfinished Cooling 3 UnitsCentral Air Heating 3 UnitsForced Hot Air Total Number Of Rooms 12 Unit1 Appliances Equipment CarbmdetMicrowavRgovgasRefrigCookgasDishwshr Unit1 Baths 2.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description KitchenLiving/Dining RoomBedroomsMaster Bedroom Unit1 Rooms 6 Unit1 Security Deposit 2400 Unit1 Sq Ft 0 Unit2 Appliances Equipment CarbmdetMicrowavRgovgasRefrigCookgasDishwshr Unit2 Baths 2.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description KitchenLiving/Dining RoomBedrooms Unit2 Rooms 6 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description BedroomsEat-In KitchenLiving Room Unit3 Rooms 4 Unit3 Sq Ft 0

    Property Features

    Assessment Total 138300 Building Assessment 114100 Easement No Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 3600 Home Warranty No Land Assessment 24200 Net Operating Income 46800 Sewer Public Sewer Tax Amount 5107 Tax Rate Amount 3.693 Tax Rate Year 2018 Tax Year 2018 Total Operating Expense 50400 Unit Style 3-Three Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatOwner Pays Water Unit1 Rent 1600 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatOwner Pays Water Unit2 Rent 1600 Unit2 Security Deposit 2400 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatOwner Pays Water Unit3 Rent 1000 Unit3 Security Deposit 1500 Utilities Gas-Natural Water Public Water Year Built Description To Be Built

    Listing information © 2019 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Exp 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 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 2019-07-22T10:46:28.97.
     
    Mary K. Sheeran Team | Keller Williams Metropolitan
    333 Route 46 West Ste. 103
    Mountain Lakes NJ, 07046