426 3rd Ave West
Newark City, NJ 07102
- 8 beds
- 4 baths
- – sqft
- 3,920 sqft lot
- 1926 build
- – on site
Calling All Investors!! Welcome to an exceptional investment opportunity in the heart of Newark, NJ! This recently renovated multifamily property located at 426-428 3rd Ave West offers a lucrative option for both investors and homeowners looking to generate rental income. Situated on a residential street, this property boasts modern amenities, ample parking, and a charming backyard, making it an ideal choice for those seeking a profitable real estate venture. Enjoy the outdoors in the property's charming backyard, perfect for relaxing or entertaining during warmer months. The space offers a private retreat in the midst of the city, adding value and appeal to the property. Income Potential With a great rent roll already in place, this property offers immediate income potential for investors with a full finish basement and attic. Alternatively, buyers can choose to live in one unit and rent out the other, providing an opportunity to offset mortgage expenses and build equity. Don't Miss Out! This meticulously maintained multifamily property offers a rare chance to invest in Newark's thriving real estate market. Whether you're an experienced investor or a first-time buyer looking to maximize your investment, 426-428 3rd Ave West presents a compelling opportunity. Schedule a showing today and discover the potential of this turnkey investment property! More Photo's to Come!!!
Listing courtesy of GSMLS / SIMONE JELKS-BANDISON, 973-994-4323 / COLDWELL BANKER REALTY
Last checked:
Checking…
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Last updated Jun 13, 2024
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MLS# 3903854 —
The Building
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Construction Date/Year Built:1926
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Unit Style:3-Three Story
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Roof Description:Asphalt Shingle, See Remarks
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Exterior Description:Composition Shingle, Vinyl Siding
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Basement:Yes
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Total # of Units:2
Interior
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Total # of Rooms:13
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Basement Description:Finished, Full
Location
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Directions:Park to N 9th to 3rd Ave West/ West Market-Roseville Ave to 3rd Ave West
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Latitude:40.76432
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Longitude:-74.18106
The Property
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Lot Identifier:2
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Approx Lot Size:40 Sqft
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Total Acres:0 Sqft
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Exclusions:Owner Personal Property
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Easements:Unknown
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Farm Assessment:No
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Assessment Land:48800
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Assess Amount Land Tax:*
Listing Agent
- Contact info:
- Agent phone:
- (973) 994-4323
- Office phone:
- (973) 994-4323
Taxes
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Tax ID For Property:1614-01945-0000-00002-0000-
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Tax Year:2023
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Tax Year:*
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Tax Rate:*
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Tax Rate Year:2023
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Tax Rate Amount:3.728
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Tax Amount:$9,364
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Tax Amount:$*
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Lot ID Tax:*
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Lot Size Tax:*
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Acres Tax:$*
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Block ID Tax:*
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City Tax:$*
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County Tax:$*
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Zip Code Tax:*
Beds
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# of Bedrooms:8
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Unit 1 Bedrooms:2
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Unit 2 Bedrooms:3
Baths
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Total # of Baths:4.00
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Total # of Full Baths:4
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Unit 1 Baths:1.0
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Unit 2 Baths:1.0
The Listing
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Home Warranty:No
Heating & Cooling
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Cooling:Window A/C(s)
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Heating:See Remarks
Utilities
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Water:Public Water
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Fuel Type:See Remarks
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Sewer:Public Sewer
The Community
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Assessment Total:251200
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Assessment Total Tax:*
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Assessment Bldg:202400
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Assess Amount Building Tax:*
Parking
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# of Garage Spaces:2
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Garage Description:Attached Garage
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# of Parking Spaces:2
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Parking/Driveway Description:1 Car Width, Blacktop, See Remarks
Extra Units
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Unit 1 SqFt:999
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Unit 2 SqFt:999
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Unit 1 Levels:1
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Unit 2 Levels:1
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Unit 1 Rooms:5
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Unit 2 Rooms:6
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Unit 1 Handicap Modified:No
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Unit 2 Handicap Modified:No
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Unit 1 Room Description:Bedrooms, Kitchen, Living Room, Pantry, See Remarks
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Unit 2 Room Description:Bedrooms, Dining Room, Kitchen, Living Room
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Unit 1 Appliances/Equipment:Carbon Monoxide Detector, Range/Oven - Gas
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Unit 2 Appliances/Equipment:Carbon Monoxide Detector, Range/Oven - Gas
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/25/24
May 25, 2024
|
Listed / Active | GSMLS | $649,500 |