Address
16 Poe, Newark City, NJ
Price
$ 850,000
Property Attributes
  • MLS#3893261
  • TypeMulti-Family
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • Zip07106
  • Style3-Three Story
  • Year Built1940
  • Taxes$ 11497
  • Price$ 850,000
  • Bedrooms11
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage4305
  • Lot Size6,098 SqFt
Data Source:
Garden State MLS (GSMLS)
Property Description

Come see the crown jewel of Newark's desirable Vailsburg neighborhood! This rarely available, beautifully maintained, brick-faced 3-family home is ready for its new owner! Step off of peaceful and idyllic Poe Avenue and into more than 4,500 square feet of income generating possibilities. All 3 units are spacious with high ceilings, separate hot water heaters, gas meters, electrical boxes and furnaces. All units showcase spacious bedrooms, easy-flowing floor plans and hardwood flooring. The basement spans the width of the house and features a half-bathroom as well as a partially finished bedroom. The premises are secured by cameras and a security service that sends alerts directly to the owner's phone. Three detached garages sit directly in the back of the house along with space for three other vehicles to be parked in the back. The driveway allows parking for up to four cars. Located just five minutes from Seton Hall University and one block away from public transportation this property is an investor's dream. Book your tour today!

Price History
3/29/2024 Listed $850,000

General Features

Sewer Public Sewer
Heating 3 Units,Baseboard - Hotwater,Radiators - Hot Water
Cooling Ceiling Fan,Window A/C(s)
Utilities Gas-Natural
Possession 0-30
Roof Asphalt Shingle
Water Heater Gas
Garage Spaces 3
Architectural Style 3-Three Story
Exclusions All personal items.
Year Built 1940
Garage Detached Garage,On Site
Township Newark City
Easement No
Tax Year 2023
County Essex
Total Rooms 22
Status Active
Directions Make a right off of Rte. 510.
Open Parking Spaces 6
Total Units 3
Street Name Poe
Tax Annual Amount 11497
Home Warranty Y/N No
Drive Additional Parking,Blacktop
Days on Market 29
Standard Status Active
Tax Assessed Value 308400
Town # 1614
Tax Lot 14
Farm Assessment No

Interior Features

Basement Full
Unit 2 Rooms 8
Unit 1 Rooms 7
Unit 3 Rooms 6
Unit 3 Room Description Dining Room,Eat-In Kitchen,Living/Dining Room,Pantry
Unit 1 Room Description Bedrooms,Eat-In Kitchen,Living/Dining Room,Pantry
Unit 2 Room Description Bedrooms,Eat-In Kitchen,Living/Dining Room,Pantry
Unit 1 Sq Ft 1500
Unit 2 Sq Ft 1500
Unit 3 Sq Ft 1500
Unit 1 Baths Total 1.0
Unit 1 Beds Total 4
Unit 2 Baths Total 2.0
Unit 2 Beds Total 4
Unit 3 Baths Total 1.0
Unit 3 Beds Total 3
Fuel Type Gas-Natural
Unit 1 Levels 1
Unit 2 Levels 1
Unit 3 Levels 1
Full Baths 4
Half Baths 1
Total Bedrooms 11
Unit 3 Handicap Modified No
Unit 2 Handicap Modified No
Unit 1 Handicap Modified No
Unit 1 Appl/Equip CarbMDet,CookGas,Refrig
Unit 2 Appl/Equip CarbMDet,CookGas,Refrig
Unit 3 Appl/Equip CarbMDet,CookGas,SecurSys

Exterior Features

Lot Features Level Lot
Water Source Public Water
Exterior Description Brick
Building Area Total 4305
Lot Dimensions 60X100
Lot Size Acres 0.14

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
$850K
Taxes
AVG $6,840
$11,497
Visits
AVG 158
108
Data Provided by Inside Real Estate®
Year Built
AVG 1940
1940

Your Agent

Marianne Gardella

Licensed Personal Assistant, Administrative Assistant

908-399-2484

Listed By
RE/MAX VILLA REALTORS; 201-868-3100