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39 Farley Ave

Newark City, NJ 07108
  • $669,000
  • STATUS: Active Under Contract
  • ON SITE: 29 Days
  • ID#: 3883112
Under Contract
$669,000
  • 7
    BEDS
  • 0.09
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,000
    SQFT
  • $223
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Description

Introducing a unique opportunity with a beautifully renovated 3- family home in the heart of Newark that harmoniously blends modern elegance with classic charm. This property features a tasteful renovation and an open layout design, the first and third floors are VACANT. While the second floor includes a paying tenant, offering an appealing rental income opportunity. The first floor has 3 Beds 1 Bath, The third floor provides a cozy 1-bed and 1-bath retreat. This versatile property also presents an excellent chance for house hacking, allowing you to live in one unit while renting out the others to offset your mortgage. Furthermore, the basement has full height with the potential to finish for additional living space. Located in a convenient neighborhood with easy access to schools, parks, shopping, and public transportation, this property is an ideal investment for those seeking rental income. Additionally, the property is walking distance to direct NYC transportation.

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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 2024-02-24T06:47:23.723.
www.assetpropertysolutionsllc.com/homes/146943734
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39 Farley Ave Newark City, NJ 07108

  • Price: $669,000
  • Status: Active Under Contract
  • On Site: 29 Days
  • ID#: 3883112
7
Beds
3
Baths
0
½ Baths
0.09
Acres
3,000
SQFT
$223
$/SQFT
1900
Built
County:
Essex
Area:
Newark City
Property Description
Introducing a unique opportunity with a beautifully renovated 3- family home in the heart of Newark that harmoniously blends modern elegance with classic charm. This property features a tasteful renovation and an open layout design, the first and third floors are VACANT. While the second floor includes a paying tenant, offering an appealing rental income opportunity. The first floor has 3 Beds 1 Bath, The third floor provides a cozy 1-bed and 1-bath retreat. This versatile property also presents an excellent chance for house hacking, allowing you to live in one unit while renting out the others to offset your mortgage. Furthermore, the basement has full height with the potential to finish for additional living space. Located in a convenient neighborhood with easy access to schools, parks, shopping, and public transportation, this property is an ideal investment for those seeking rental income. Additionally, the property is walking distance to direct NYC transportation.
Exterior Features

Approximate Lot Size 33.4X111 Exterior Description Vinyl Siding Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling 1 Unit Heating 3 Units Interior Features Carbon Monoxide DetectorHigh CeilingsSecurity SystemSmoke DetectorTile FloorsVinyl-Linoleum FloorsWood Floors Total Number Of Rooms 15 Unit1 Appliances Equipment CarbMDetCookGasDishwshrMicrowavRgOvGasOvenSelf Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDenFamily RoomKitchenLaundry RoomPantry Unit1 Rooms 6 Unit1 Security Deposit 0 Unit1 Sq Ft 1200 Unit2 Appliances Equipment CarbMDetCookGasDishwshrMicrowavRgOvGasOvenSelf Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsDenFamily RoomKitchenLaundry RoomPantry Unit2 Rooms 6 Unit2 Sq Ft 1200 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsDenFamily RoomKitchen Unit3 Rooms 2 Unit3 Sq Ft 600

Property Features

Assessment Total 175100 Building Assessment 162400 Easement No Exclusions Staging Fha Age Restricted No Fuel Type ElectricGas-Natural Gross Operating Income 0 Land Assessment 12700 Net Operating Income 0 Renovated Year 2023 Sewer Public Sewer Tax Amount 6541 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 Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1774 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 0 Unit3 Security Deposit 0 Utilities Electric Water Public Water Water Heater ElectricGas Year Built Description ApproximateRenovated

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 732-564-6900.


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 2024-02-24T06:47:23.723.
 
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