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59 Pennsylvania Ave

Newark City, NJ 07114
  • $399,000
  • STATUS: Active Under Contract
  • ON SITE: 23 Days
  • MLS #: 3899799
Under Contract
$399,000
  • 3
    BEDS
  • 0.03
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1989
County:
Area:

School Ratings & Info

Description

Welcome to 59 1/2 Pennsylvania Ave! This multi-use building is the perfect turn-key investment property. First unit features 2 bedrooms 1 bath, living room, eat-in kitchen, and use of backyard space. Second unit features 1 bedroom 1 bath, living room, eat-in kitchen, and use of backyard space. Along with the two units, on the lower level you will find a store front which can be excellent additional cash flow! Both units are tenant occupied, buyer is responsible for tenants, store front is VACANT. Near Newark up-and-coming historic downtown district, Prudential Center, Shopping Centers, Restaurants, Public Schools, Charter Schools, Newark Airport & much more!

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kay Platinum Real Estate Group | EXP Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Kay Platinum Real Estate Group | EXP Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-05-26T22:46:32.387.
www.kayplatinumgroup.com/homes/150177953
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59 Pennsylvania Ave Newark City, NJ 07114

  • Price: $399,000
  • Status: Active Under Contract
  • On Site: 23 Days
  • MLS #: 3899799
3
Beds
2
Baths
0
½ Baths
0.03
Acres
1989
Built
County:
Essex
Area:
Newark City
Property Description
Welcome to 59 1/2 Pennsylvania Ave! This multi-use building is the perfect turn-key investment property. First unit features 2 bedrooms 1 bath, living room, eat-in kitchen, and use of backyard space. Second unit features 1 bedroom 1 bath, living room, eat-in kitchen, and use of backyard space. Along with the two units, on the lower level you will find a store front which can be excellent additional cash flow! Both units are tenant occupied, buyer is responsible for tenants, store front is VACANT. Near Newark up-and-coming historic downtown district, Prudential Center, Shopping Centers, Restaurants, Public Schools, Charter Schools, Newark Airport & much more!
Exterior Features

Approximate Lot Size 19.8X75.5 Exterior Description See Remarks Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description See Remarks

Interior Features

Basement Yes Basement Description Unfinished Cooling See Remarks Heating See Remarks Total Number Of Rooms 9 Unit1 Appliances Equipment Ceiling Fan(s)See Remarks Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenKitchenLiving Room Unit1 Rooms 5 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Ceiling Fan(s)See Remarks Unit2 Baths 1.0 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenKitchenLiving Room Unit2 Rooms 4 Unit2 Sq Ft 0

Property Features

Assessment Total 250000 Building Assessment 219400 Easement No Fha Age Restricted No Fuel Type See Remarks Gross Operating Income 0 Land Assessment 30600 Net Operating Income 0 Sewer Public Sewer Tax Amount 9320 Tax Rate Amount 3.728 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 0 Unit Style See Remarks Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 900 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 850 Unit2 Security Deposit 0 Utilities See Remarks Water See Remarks Year Built Description Approximate

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-820-6330.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kay Platinum Real Estate Group | EXP Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Kay Platinum Real Estate Group | EXP Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-05-26T22:46:32.387.
 
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Kay Platinum Real Estate Group | EXP Realty
966 Shoppes Blvd
North Brunswick Township NJ, 08902