Address
36-38 Halstead St, Newark City, NJ
Price
$ 600,000
Property Attributes
  • MLS#3893001
  • TypeMulti-Family
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • Zip07106
  • Style3-Three Story
  • Taxes$ 10337
  • Price$ 600,000
  • Bedrooms8
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size4,356 SqFt
Data Source:
Garden State MLS (GSMLS)
Property Description

We are pleased to present this fantastic opportunity on this stunning 3-family home. The first floor apt is sunlit with open living space, 3 bedrooms, and 1 full bath. The second floor consists of 3 large bedrooms and a full bathroom. The third floor consists of 2 bedrooms and 1 full bathroom. The units feature a warm & open spacious layout. Hardwood floors throughout the house, stainless steel appliances, and every utility separated ..3 boilers, 3 water heaters, 3 gas meters, and much more have been added to this gem over an unfinished basement. Please note the property has great-paying tenants with a rental history. Yearly rental income is $48,300, way below the market value! The property has 3 parking spaces, off-street parking, and backyard access on a relatively quiet block. The property is conveniently located near major roads and highways, a block away from bus lines, minutes away from Newark Penn Station, a short walk from Seton Hall, and also a few minutes from the following universities: NJIT, Rutgers, UH, Essex County College, Bloomfield College, and Montclair State. Various restaurants and shopping opportunities are also within reach. Come scoop this before it's gone!

Price History
3/27/2024 Listed $600,000

General Features

Sewer Public Sewer
Heating 3 Units,Baseboard - Hotwater
Cooling Window A/C(s)
Possession ASAP
Roof Asphalt Shingle
Water Heater Gas
Architectural Style 3-Three Story
Exclusions Personal belongings
Township Newark City
Easement Unknown
Tax Year 2023
Gross Income 48300
County Essex
Net Operating Income 33946
Operating Expense 14354
Total Rooms 14
Status Active
Directions South Orange Ave to Halstead St
Open Parking Spaces 3
Total Units 3
Street Name Halstead St
Tax Annual Amount 10337
Drive 1 Car Width,Blacktop
Days on Market 27
Standard Status Active
Tax Assessed Value 277300
Town # 1614
Tax Lot 21

Interior Features

Basement Unfinished
Unit 2 Rooms 5
Unit 1 Rooms 5
Unit 3 Rooms 4
Unit 3 Room Description Bedrooms,Kitchen,Living Room
Unit 1 Room Description Bedrooms,Kitchen,Living Room
Unit 2 Room Description Bedrooms,Kitchen,Living Room
Unit 1 Sq Ft 9999
Unit 2 Sq Ft 9999
Unit 3 Sq Ft 9999
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Fuel Type Gas-Natural
Unit 1 Levels 1
Unit 2 Levels 2
Unit 3 Levels 3
Full Baths 3
Total Bedrooms 8
UnitType1TotalRent 1475
UnitType2TotalRent 1400
UnitType3TotalRent 1150
Unit 3 Handicap Modified No
Unit 2 Handicap Modified No
Unit 1 Handicap Modified No
Unit 1 Appl/Equip CarbMDet,CookGas,RgOvGas,Refrig
Unit 2 Appl/Equip CarbMDet,CookGas,RgOvGas,Refrig
Unit 3 Appl/Equip CarbMDet,CookGas,RgOvGas,Refrig

Exterior Features

Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 45X100
Lot Size Acres 0.10

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 07106

Price
AVG $640K
$600K
Taxes
AVG $6,840
$10,337
Visits
AVG 158
125
Data Provided by Inside Real Estate®

Your Agent

Marianne Gardella

Marianne Gardella

Licensed Personal Assistant, Administrative Assistant

908-399-2484

Listed By
COLDWELL BANKER REALTY; 917-657-2399

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