Newark, NJ 07107,0-604-606 N 5th ST
$670,000
$600,000
11.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

8 BD
4 BA
4,486 Sqft Lot

0-604-606 N 5th ST Newark, NJ 07107

Est. payment /mo
SOLD DATE : 08/21/2023

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $670,000

Property Type Multi-Family

Sub Type 4 Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 2312127R

Sold Date 08/21/23

Bedrooms 8

Full Baths 4

Year Built 1926

Annual Tax Amount $10,145

Tax Year 2022

Lot Size 4,486 Sqft

Acres 0.103

Lot Dimensions 0.00 x 0.00

Property Sub-Type 4 Family

Source CJMLS API

Property Description

This fourplex is situated in the highly sought-after North Ward of Newark, offering convenient access to NYC public transportation, major highways, various places of worship, and schools. It presents an excellent opportunity for a savvy investor or owner-occupant with a vision and creative flair to turn it into a lucrative investment. The four identical units each feature two bedrooms, an eat-in kitchen, a family room, and one bathroom, providing the potential for an owner to live in one unit while renting out the other three. Additionally, the building has parking available in the rear accessible through a shared driveway, which can be designated for each tenant or rented out as an extra income source. The owner covers the heat and hot water expenses for all units. Tenants are all month-to-month and home will be sold with tenant's in place. This property will be sold "AS IS". No repairs or credits will be be made or given. Buyer is responsible for acquiring C/O and any certs required prior to closing. 203K, Conventional or Cash offers only. SqFt from Tax Records MULTIPLE OFFERS RECEIVED - HiGHEST AND BEST DUE BY 3:00 PM MONDAY 6/19/23

Location

State NJ

County Essex

Community Sidewalks

Rooms

Basement Full, Laundry Facilities, Storage Space

Interior

Interior Features Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 4(2 Bedrooms, Kitchen, 1 Bath, Living Room)

Heating Baseboard

Cooling A/C Window Unit(s)

Window Features Screen/Storm Window,Screens/Storms

Appliance Water Heater(Gas), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven), Unit 3(Range/Oven), Unit 4(Range/Oven)

Heat Source Natural Gas

Exterior

Exterior Feature Door(s)-Storm/Screen, Screen/Storm Window, Sidewalk, Yard, Screens/Storms

Garage Spaces 3.0

Community Features Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Gas In Street

Roof Type Flat

Building

Lot Description Easements/Right of Way, Near Public Transit, Near Shopping, Near Train

Story 2

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 071459713

Ownership Fee Simple

Energy Description Natural Gas

Read Less


Central Jersey MLS (CJMLS)
Listed by WEICHERT CO REALTORS

GET MORE INFORMATION

Odain Stanton

Odain Stanton

Agent | License ID: 2336569

+1(732) 334-3170

Name
Phone*
Message