329 Elizabeth Ave Newark City, NJ $ 649,000
329 Elizabeth Ave
$ 649,000
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329 Elizabeth Ave

Newark City, NJ, 07112
$ 649,000
Bedrooms4 Baths4.0

Monthly Estimate*

$ 4,313

329 Elizabeth Ave, Newark City, NJ 07112 - Image 1
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Multi-Family Home for sale in Newark City, NJ for $649,000 with 4 bedrooms and 4 full baths. This home was built in 1908 on a lot size of 0.11.

Discover a fantastic home or investment opportunity with this partially occupied 3-family property, showcasing great rental potential. Property sits on an 50x 100 lot, possible subdivision!! Buyer must do own due diligence. Each unit features a spacious layout with an eat-in kitchen, 3 bedrooms, a living room, and a bathroom. Currently, Unit 2 is vacant, while Units 1 and 3 are tenant-occupied, Unit 3 was completely renovated in 2023, flaunting shiny wood floors and new kitchen and bathroom finishes. The property's large, partially finished basement, spans the full footprint of the home. Units have forced air heat and central air, large versatile space with nice ceiling height includes a bathroom with a shower and a separate unfinished area ideal for potential coin-operated laundry facilities. With parking for 6 to 8 vehicles and its proximity to parks, restaurants, shopping, public transportation, major highways, and NYC, this property is a lucrative investment waiting to be seized. All Highest and Best Offers are due on Thursday February 15th by 5pm.

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Multi-Family Pending

Price

$ 649,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,301

Style

1-One Story

Lot Size

0.11

Year Built

1908

Town/City

Newark City

County/Region

ESSEX

MLS | Web ID

3883151

Features
General
Sewer Public Sewer
Heating 3 Units
Cooling 3 Units Central Air
Utilities Electric Gas In Street Gas-Natural
Possession 30 days
Roof Flat
Water Heater Gas
Architectural Style 1-One Story
Exclusions Tenant personal items.
Year Built 1908
Township Newark City
Tax Year 2022
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 9
Status Under Contract
Directions Elizabeth Ave.
Open Parking Spaces 6
Total Units 3
Street Name Elizabeth Ave
Tax Annual Amount 5301
Drive 2 Car Width
Days on Market 29
Standard Status Under Contract
Tax Assessed Value 141900
Town # 1614
Tax Lot 68
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Interior
Basement Finished Walkout
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 3
Fuel Type Gas-Natural
Full Baths 4
Half Baths 0
Total Bedrooms 4
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Exterior
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions 50X100
Lot Size Acres 0.11
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* Excluded Features
List By
AHMONDYLLAH COLE

Listing Agent

Coldwell Banker Realty

Broker

ahmondyllahc@gmail.com

Email

Affordability Calculator

$4,755
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,313
Monthly Property Taxes
$442
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/26/2024$649,000 Listed Price

Map


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329 Elizabeth Ave, Newark City, NJ, 07112 is a Multi-Family Home for sale at $649,000 with a lot size of 0.11. 329 Elizabeth Ave has 4 bedrooms, 4.0 baths, and was built in 1908. The property's zip code is 07112 which is in Newark City, NJ