$567,500
$535,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
52 3RD ST Newark, NJ 07107
11 Beds
3 Baths
Key Details
Sold Price $567,500
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 230014084
Sold Date 11/17/23
Bedrooms 11
Full Baths 3
HOA Fees $4/mo
Annual Tax Amount $6,907
Tax Year 2022
Lot Dimensions 25x95
Property Sub-Type 3 Family
Property Description
Excellent opportunity to own a 3 family income producing investment property like 52 3rd St, in the up and coming Fairmount section of Newark. What's not to love about its profile: composed of three - 3 bedroom apartments , plus den for 2 units, separate utilities including furnace and water heaters, low taxes, presents upside for increased market rents, 1st floor apartment will be delivered vacant; Apt 2 - $1700/mo, and Apt 3- $1600 per month. Perfect for investors or owner occupants. Property needs some renovation and repairs; property to be sold in 'as is" condition. Get into the investment hype Newark has to offer and book your showing today.
Location
State NJ
County Essex
Area Newark
Rooms
Basement Unfinished
Interior
Heating A/C Central, Gas
Cooling A/C Central, Gas
Exterior
Exterior Feature Aluminum/Vinyl, Brick, Stucco
Parking Features None
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Bought with LIBERTY REALTY LLC