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138 Smith St

Newark City, NJ 07106
  • $454,900
  • STATUS: Active
  • ON SITE: 167 Days
  • MLS #: 3838173
UPDATED: 24 min ago
$454,900
  • 4
    BEDS
  • 0.11
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Builder and Investor opportunity to purchase this multi family property with additional lot that can be sub divided and can build a new construction two family which can consist of 6 bedrooms and 4 bathrooms with a projected value of $700,000. Currently there is an existing multi family which has a combined rent roll of $3,100 per month. Each unit has a cozy living room and eat-in kitchen with ample storage space, accompanied by two bedrooms and bathrooms. Unit two has an additional bathroom in the master bedroom which I am sure the occupants will enjoy. All 3 bathroom with a tub-shower, perfect for when it comes time to relax. Neverthless, the interior of the property is not the only atraction of this property, this comes accompanied by nearby schools and transportation and more. Words can only describe so much. Take a look at the 3D tour and schedule your visit today.

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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 2023-09-27T23:46:21.157.
www.goldstandardrealty.com/homes/138547730
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138 Smith St Newark City, NJ 07106

  • Price: $454,900
  • Status: Active
  • On Site: 167 Days
  • Updated: 24 min ago
  • MLS #: 3838173
4
Beds
3
Baths
0
½ Baths
0.11
Acres
1910
Built
Neighborhood:
Lower Vailsburg
County:
Essex
Area:
Newark City
Elementary School:
W Brown
Middle School:
Vailsburg
High School:
Franklin
Property Description
Builder and Investor opportunity to purchase this multi family property with additional lot that can be sub divided and can build a new construction two family which can consist of 6 bedrooms and 4 bathrooms with a projected value of $700,000. Currently there is an existing multi family which has a combined rent roll of $3,100 per month. Each unit has a cozy living room and eat-in kitchen with ample storage space, accompanied by two bedrooms and bathrooms. Unit two has an additional bathroom in the master bedroom which I am sure the occupants will enjoy. All 3 bathroom with a tub-shower, perfect for when it comes time to relax. Neverthless, the interior of the property is not the only atraction of this property, this comes accompanied by nearby schools and transportation and more. Words can only describe so much. Take a look at the 3D tour and schedule your visit today.
Exterior Features

Approximate Lot Size 49.6X98.11 Exterior Description Vinyl Siding Number Of Parking Spaces 6 Parking Driveway Description Off-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description UnfinishedWalkout Cooling Central Air Heating Forced Hot Air Interior Features Wood Floors Total Number Of Rooms 11 Unit1 Appliances Equipment Carbon Monoxide Detector Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving Room Unit1 Rooms 5 Unit1 Security Deposit 1300 Unit1 Sq Ft 800 Unit2 Appliances Equipment Carbon Monoxide Detector Unit2 Baths 2.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenLiving Room Unit2 Rooms 6 Unit2 Sq Ft 800

Property Features

Assessment Total 157200 Building Assessment 139600 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 37200 Land Assessment 17600 Net Operating Income 35000 Sewer Public Sewer Tax Amount 5873 Tax Rate Amount 3.736 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 2200 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1300 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1800 Unit2 Security Deposit 1800 Utilities All UndergroundGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 201-559-5770.


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 2023-09-27T23:46:21.157.
 
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