Price Reduction
Address
33 Read St Newark City, NJ
Price
$ 1,250,000
Property Attributes
  • ID#3687916
  • TypeCommercial
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • NeighborhoodIronbound
  • Zip07105
  • StyleApartment Complex
  • Year Built1900
  • Taxes$ 16021
  • Price$ 1,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5000
  • Lot Size2,178 SqFt
Listing Provided Courtesy Of:
REALMART REALTY
Data Source:
Garden State MLS
Property Description

Fully Renovated 6-family in the Ironbound Section of Newark! Home was completely renovated in 2019. Brand New Roof, Siding, Gutters, Windows, Kitchens, Bathrooms, Flooring, Tankless Hot Water Heaters, and all separate utilities. Owner just pays water. Each unit is a spacious 2 bedroom, 1 bathroom and fully occupied. NOI: 85K. Great Investment property in an amazing location!

Price History
1/19/2021 Listed $1,300,000
4/13/2021 4% - $1,250,000

General Features

Basement Full
Construction See Remarks
Cooling See Remarks
Drive None
Flooring Carpeting, Wood
Heating 4+ Units, Baseboard - Hotwater
Num Apts 6
Prior Use APT BUILDING
Property Type Apartment Complex
Property Type Apartment Complex
Roof Asphalt Shingle
Sewer Public Sewer
Tax Annual Amount 16021
Total Units 6
Town # 1614
Township Newark City
Utilities Electric, Gas-Natural
Zoning MULTI

Interior Features

Fuel Type Gas-Natural
Num 2 Bdrm Units 6
Num Units W/full Bath 6

Exterior Features

Building Area Total 5000
Exterior Description Vinyl Siding
Lot Dimensions 25X95 AVG.
Lot Features Level Lot
Water Source Public Water

Amenities

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

Property vs Zip Code Average in 07105

Price
AVG $1.02M
$1.25M
Taxes
AVG $25,983
$16,021
Visits
AVG 160
262
Year Built
AVG 1961
1900
Walkscore
AVG 91
86
Data Provided by Walkscore ® not using MLS data

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