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42 Blum St

Newark City, NJ 07103
  • $649,900
  • STATUS: Active Under Contract
  • ON SITE: 107 Days
  • MLS #: 3848803
Under Contract
UPDATED: 70 min ago
$649,900
  • 7
    BEDS
  • 0.06
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
  • 3,792
    SQFT
  • $171
    $/SQFT
Type:
Multi-Family
Built:
2023
County:
Area:

School Ratings & Info

Description

BRAND NEW CONTEMPORARY STYLE 2-FAMILY HOME. GROUND FLOOR: 2-CAR BUILT IN GARAGE IN FRONT, REC ROOM, BEDROOM, TV ROOM, AND HALF BATH IN REAR. SECOND FLOOR: 3 BEDROOM/2 BATHROOM APARTMENT. THIRD FLOOR: 3 BEDROOM/2 BATHROOM APARTMENT. CENTRAL AIR CONDITIONING/FORCED AIR HEAT THROUGHOUT. HARDWOOD AND CERAMIC TILE FLOORS THROUGHOUT. THE HIGHEST IN QUALITY MATERIALS AND CONSTRUCTION CRAFTSMANSHIP. HOME IS ELIGIBLE FOR 5 YEAR PROPERTY TAX ABATEMENT. RESTRICTIONS APPLY: BUYER MUST LIVE IN HOME FOR 10 YEARS AND CANNOT REFINANCE INITIAL MORTGAGE OR BORROW AGAINST HOME FOR 5 YEARS. FOR 10 YEARS RENTAL UNIT MUST BE RESERVED FOR A TENANT(S) THAT MEETS MODERATE INCOME REQUIREMENTS - THIS MEANS ANNUAL INCOME OF 80% OR LESS OF THE AREA MEDIAN INCOME, WHICH IS CURRENTLY $116,300. OTHER RESTRICTIONS MAY APPLY AND WILL DISCLOSED DURING ATTORNEY REVIEW PERIOD. BUYER(S) MUST AGREE TO THESE TERMS IN WRITING AT TIME OF CLOSING. THESE TERMS WILL ALSO BE INCLUDED IN A DEED RESTRICTION THAT WILL LAST FOR A TERM OF 10 YEARS.

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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/140498439
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42 Blum St Newark City, NJ 07103

  • Price: $649,900
  • Status: Active Under Contract
  • On Site: 107 Days
  • Updated: 70 min ago
  • MLS #: 3848803
7
Beds
4
Baths
1
½ Baths
0.06
Acres
3,792
SQFT
$171
$/SQFT
2023
Built
County:
Essex
Area:
Newark City
Property Description
BRAND NEW CONTEMPORARY STYLE 2-FAMILY HOME. GROUND FLOOR: 2-CAR BUILT IN GARAGE IN FRONT, REC ROOM, BEDROOM, TV ROOM, AND HALF BATH IN REAR. SECOND FLOOR: 3 BEDROOM/2 BATHROOM APARTMENT. THIRD FLOOR: 3 BEDROOM/2 BATHROOM APARTMENT. CENTRAL AIR CONDITIONING/FORCED AIR HEAT THROUGHOUT. HARDWOOD AND CERAMIC TILE FLOORS THROUGHOUT. THE HIGHEST IN QUALITY MATERIALS AND CONSTRUCTION CRAFTSMANSHIP. HOME IS ELIGIBLE FOR 5 YEAR PROPERTY TAX ABATEMENT. RESTRICTIONS APPLY: BUYER MUST LIVE IN HOME FOR 10 YEARS AND CANNOT REFINANCE INITIAL MORTGAGE OR BORROW AGAINST HOME FOR 5 YEARS. FOR 10 YEARS RENTAL UNIT MUST BE RESERVED FOR A TENANT(S) THAT MEETS MODERATE INCOME REQUIREMENTS - THIS MEANS ANNUAL INCOME OF 80% OR LESS OF THE AREA MEDIAN INCOME, WHICH IS CURRENTLY $116,300. OTHER RESTRICTIONS MAY APPLY AND WILL DISCLOSED DURING ATTORNEY REVIEW PERIOD. BUYER(S) MUST AGREE TO THESE TERMS IN WRITING AT TIME OF CLOSING. THESE TERMS WILL ALSO BE INCLUDED IN A DEED RESTRICTION THAT WILL LAST FOR A TERM OF 10 YEARS.
Exterior Features

Approximate Lot Size 25X100 Exterior Description BrickVinyl Siding Garage Description Built-In Garage Lot Description Level Lot Number Of Parking Spaces 1 Parking Driveway Description Blacktop Roof Description Asphalt Shingle

Interior Features

Basement No Basement Description Slab Cooling 2 UnitsCentral Air Heating 2 UnitsForced Hot Air Interior Features Carbon Monoxide DetectorSmoke DetectorTile FloorsWood Floors Total Number Of Rooms 15 Unit1 Appliances Equipment DishwasherMicrowave OvenRange/Oven - GasRefrigerator Unit1 Baths 2.5 Unit1 Bedrooms 4 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 2 Unit1 Room Description BedroomsDining RoomEat-In KitchenFamily RoomLiving RoomRec Room Unit1 Rooms 9 Unit1 Security Deposit 0 Unit1 Sq Ft 2528 Unit2 Appliances Equipment DishwasherMicrowave OvenRange/Oven - GasRefrigerator Unit2 Baths 2.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsDining RoomEat-In KitchenLiving Room Unit2 Rooms 6 Unit2 Sq Ft 1264

Property Features

Assessment Total 30000 Building Assessment 0 Easement No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 30000 Net Operating Income 0 Sewer Public Sewer Tax Amount 0 Tax Rate Amount 3.736 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 0 Unit2 Security Deposit 0 Utilities Gas-Natural Water Public Water Year Built Description Under Construction

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Rosa Agency: 973-751-1000.


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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