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120 Pennsylvania Ave

Newark City, NJ 07114
  • $475,000
  • STATUS: Active Under Contract
  • ON SITE: 36 Days
  • MLS #: 3861418
Under Contract
UPDATED: 41 min ago
$475,000
  • 5
    BEDS
  • 0.04
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1930
County:
Area:

School Information

Elementary School:

Description

This multi-family property offers an ideal investment opportunity. With multiple units, and a basement that can be finished with own entrance. Provides a steady rental income stream. Located in a diverse and vibrant neighborhood, its conveniently situated near public transportation and highways, making it attractive to both tenants and investors.

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Garden State MLS logo © 2023 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 Gold Standard 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 Gold Standard 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 2023-09-30T15:46:23.003.
www.goldstandardrealty.com/homes/142765549
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120 Pennsylvania Ave Newark City, NJ 07114

  • Price: $475,000
  • Status: Active Under Contract
  • On Site: 36 Days
  • Updated: 41 min ago
  • MLS #: 3861418
5
Beds
2
Baths
0
½ Baths
0.04
Acres
1930
Built
County:
Essex
Area:
Newark City
Elementary School:
Miller
Property Description
This multi-family property offers an ideal investment opportunity. With multiple units, and a basement that can be finished with own entrance. Provides a steady rental income stream. Located in a diverse and vibrant neighborhood, its conveniently situated near public transportation and highways, making it attractive to both tenants and investors.
Exterior Features

Approximate Lot Size 18.1X100 Color Of Building White Exterior Description Brick Garage Description None Number Of Parking Spaces 0 Parking Driveway Description Off-Street Parking Roof Description Flat

Interior Features

Basement Yes Basement Description UnfinishedWalkout Cooling Window A/C(S) Heating 2 UnitsBaseboard - Hotwater Total Number Of Rooms 10 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - Gas Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenKitchenLiving RoomStorage Unit1 Rooms 5 Unit1 Security Deposit 0 Unit1 Sq Ft 750 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - Gas Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenStorage Unit2 Rooms 5 Unit2 Sq Ft 750

Property Features

Assessment Total 184100 Building Assessment 140100 Easement No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 44000 Net Operating Income 0 Sewer Public Sewer Tax Amount 6878 Tax Rate Amount 3.736 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 0 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1700 Unit2 Security Deposit 1700 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc: 201-615-9085.


Garden State MLS logo © 2023 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 Gold Standard 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 Gold Standard 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 2023-09-30T15:46:23.003.
 
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