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