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198 Elm St

Newark City, NJ 07105
  • $589,000
  • STATUS: Active Under Contract
  • ON SITE: 121 Days
  • MLS #: 3732185
Under Contract
UPDATED: 81 min ago
$589,000
  • 5
    BEDS
  • 0.05
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,262
    SQFT
  • $260
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:
Area:

School Ratings & Info

Description

LAST CHANCE TO BRING OFFERS!!! Legal 3 family in the heart of the Ironbound Newark, two vacated units and 2 occupied, driveway for compact cars with two garages in the back of the property. The first floor contains 2 bedrooms, kitchen and living area. The basement is ground level height with two exits, and it contains 2 bedrooms, kitchen and bathroom. The second floor offers 2 bedrooms, 1 full bathroom and kitchen /living area, currently vacant. The third floor showcases hardwood floor, 1 bedroom, living room and kitchen/dining, currently vacant. Two garages in the back that can be rented for storage. Separate utilities, one boiler.

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© 2021 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 2021-12-04T19:46:13.397.
www.goldstandardrealty.com/homes/120061840
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198 Elm St Newark City, NJ 07105

  • Price: $589,000
  • Status: Active Under Contract
  • On Site: 121 Days
  • Updated: 81 min ago
  • MLS #: 3732185
5
Beds
4
Baths
0
½ Baths
0.05
Acres
2,262
SQFT
$260
$/SQFT
1915
Built
Neighborhood:
Ironbound
County:
Essex
Area:
Newark City
Property Description
LAST CHANCE TO BRING OFFERS!!! Legal 3 family in the heart of the Ironbound Newark, two vacated units and 2 occupied, driveway for compact cars with two garages in the back of the property. The first floor contains 2 bedrooms, kitchen and living area. The basement is ground level height with two exits, and it contains 2 bedrooms, kitchen and bathroom. The second floor offers 2 bedrooms, 1 full bathroom and kitchen /living area, currently vacant. The third floor showcases hardwood floor, 1 bedroom, living room and kitchen/dining, currently vacant. Two garages in the back that can be rented for storage. Separate utilities, one boiler.
Exterior Features

Approximate Lot Size 24X95 Color Of Building Grey Exterior Description Vinyl Siding Garage Description Detached GarageSee Remarks Number Of Parking Spaces 0 Parking Driveway Description Concrete StripDriveway-SharedSee Remarks Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished Cooling Window A/C(S) Heating 1 Unit Interior Features Fire ExtinguisherSmoke Detector Total Number Of Rooms 11 Unit1 Appliances Equipment CarbmdetCookgasRefrigSeeremSmokedet Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving RoomMaster Bedroom Unit1 Rooms 4 Unit1 Security Deposit 1300 Unit1 Sq Ft 0 Unit2 Appliances Equipment See RemarksSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenLiving RoomMaster Bedroom Unit2 Rooms 4 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsEat-In KitchenLiving Room Unit3 Rooms 3 Unit3 Sq Ft 0 Unit4 Bedrooms 2 Unit4 Levels 1 Unit4 Rooms 3

Property Features

Assessment Total 208700 Building Assessment 136200 Easement Unknown Exclusions Personal Property Expenses Include HeatHot & Cold WaterInsuranceTaxes Fha Age Restricted Yes Fuel Type Gas-Natural Gross Operating Income 44400 Land Assessment 72500 Net Operating Income 26495 Renovated Year 2019 Sewer Public Sewer Tax Amount 7930 Tax Rate Amount 3.800 Tax Rate Year 2020 Tax Year 2020 Total Operating Expense 17905 Unit Style 1-One Story Unit1 Owner Tenant Pays Owner Pays HeatOwner Pays WaterTenant Pays ElectricTenant Pays Gas Unit1 Rent 1300 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays HeatOwner Pays WaterTenant Pays ElectricTenant Pays Gas Unit2 Rent 1550 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays HeatOwner Pays WaterTenant Pays ElectricTenant Pays Gas Unit3 Rent 1350 Unit3 Security Deposit 0 Utilities See Remarks Water Public Water

Listing information © 2021 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc.


© 2021 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 2021-12-04T19:46:13.397.
 
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