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329 Elizabeth Ave

Newark City, NJ 07112
  • $649,000
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: 3883151
UPDATED: 116 min ago
$649,000
  • 4
    BEDS
  • 0.11
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1908
County:
Area:

School Ratings & Info

Description

Discover a fantastic home or investment opportunity with this partially occupied 3-family property, showcasing great rental potential. Property sits on an 50x 100 lot, possible subdivision!! Buyer must do own due diligence. Each unit features a spacious layout with an eat-in kitchen, 3 bedrooms, a living room, and a bathroom. Currently, Unit 2 is vacant, while Units 1 and 3 are tenant-occupied, Unit 3 was completely renovated in 2023, flaunting shiny wood floors and new kitchen and bathroom finishes. The property's large, partially finished basement, spans the full footprint of the home. Units have forced air heat and central air, large versatile space with nice ceiling height includes a bathroom with a shower and a separate unfinished area ideal for potential coin-operated laundry facilities. With parking for 6 to 8 vehicles and its proximity to parks, restaurants, shopping, public transportation, major highways, and NYC, this property is a lucrative investment waiting to be seized. All Highest and Best Offers are due on Thursday February 15th by 5pm.

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Garden State MLS logo © 2024 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 Asset Property Solutions, LLC. 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 Asset Property Solutions, LLC 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 2024-02-27T23:46:40.123.
www.assetpropertysolutionsllc.com/homes/146954490
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329 Elizabeth Ave Newark City, NJ 07112

  • Price: $649,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 116 min ago
  • ID#: 3883151
4
Beds
4
Baths
0
½ Baths
0.11
Acres
1908
Built
County:
Essex
Area:
Newark City
Property Description
Discover a fantastic home or investment opportunity with this partially occupied 3-family property, showcasing great rental potential. Property sits on an 50x 100 lot, possible subdivision!! Buyer must do own due diligence. Each unit features a spacious layout with an eat-in kitchen, 3 bedrooms, a living room, and a bathroom. Currently, Unit 2 is vacant, while Units 1 and 3 are tenant-occupied, Unit 3 was completely renovated in 2023, flaunting shiny wood floors and new kitchen and bathroom finishes. The property's large, partially finished basement, spans the full footprint of the home. Units have forced air heat and central air, large versatile space with nice ceiling height includes a bathroom with a shower and a separate unfinished area ideal for potential coin-operated laundry facilities. With parking for 6 to 8 vehicles and its proximity to parks, restaurants, shopping, public transportation, major highways, and NYC, this property is a lucrative investment waiting to be seized. All Highest and Best Offers are due on Thursday February 15th by 5pm.
Exterior Features

Approximate Lot Size 50X100 Exterior Description Aluminum Siding Number Of Parking Spaces 6 Parking Driveway Description 2 Car Width Roof Description Flat

Interior Features

Basement Yes Basement Description FinishedWalkout Cooling 3 UnitsCentral Air Heating 3 Units Total Number Of Rooms 9 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigerator Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving RoomMaster BedroomPantry Unit1 Rooms 5 Unit1 Security Deposit 0 Unit1 Sq Ft 1100 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigerator Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenLiving RoomMaster BedroomPantry Unit2 Rooms 5 Unit2 Sq Ft 1100 Unit3 Baths 1.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsEat-In KitchenLiving RoomMaster BedroomPantry Unit3 Rooms 5 Unit3 Sq Ft 1100

Property Features

Assessment Total 141900 Building Assessment 125200 Easement No Exclusions Tenant personal items. Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 16700 Net Operating Income 0 Renovated Year 2022 Sewer Public Sewer Tax Amount 5301 Tax Rate Amount 3.736 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 0 Unit Style 1-One Story Unit1 Lease Expiration 2024-11-01 Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1700 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 0 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Lease Expiration 2024-02-29 Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 2100 Unit3 Security Deposit 0 Utilities ElectricGas In StreetGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of COLDWELL BANKER REALTY: 917-273-8838.


Garden State MLS logo © 2024 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 Asset Property Solutions, LLC. 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 Asset Property Solutions, LLC 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 2024-02-27T23:46:40.123.
 
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