84 Scheerer Avenue Newark, NJ $ 649,999
84 Scheerer Avenue
$ 649,999
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84 Scheerer Avenue

Newark, NJ, 07112
$ 649,999
Bedrooms8 Baths3.0

Monthly Estimate*

$ 4,320

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Multi-Family Home for sale in Newark, NJ

for $649,999 with 8 bedrooms and 3 full baths. This home was built in 1900.

Your investment search ends here! This legal three-family home presents a unique investment opportunity with separate utilities for each unit. The second floor and third-floor units are currently vacant, offering great potential for rental income.Property Highlights:- Legal three-family home- Separate utilities- Second and third-floor units vacant- Potential for rental income- Convenient location in Newark, NJBonus Feature:The property is assessed for four bathrooms, alleviating the need for a permit to build an additional bathroom in the basement.Situated in a desirable area of Newark, NJ, this property is close to amenities, transportation, and only a few minutes from the Ironbound section of Newark!

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Multi-Family Contingent

Price

$ 649,999

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 10,658

Style

3 Family

Year Built

1900

Town/City

Newark

County/Region

Essex

MLS | Web ID

24009047

Features
Interior
Basement Full Unfinished
Total Bedrooms 8
Fireplace None
Basement Description Unfished
Heating/Cooling Electric
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Exterior
Waterfront None
Flood Plain None
Substyle Top/Btm
Exterior Finish Vinyl
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General
Laundry Y/N Basement
Area 0714
Style 3 Family
Miscellaneous None
Garage None
Status UNDER CONTRACT
Utilities Sep Elec Sep Gas
Rooms 16
Views/Exposure None
Year Built 1900-1939
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* Excluded Features

Affordability Calculator

$5,208
Per Month
83%
17%
0%
Monthly Principal & Interest
$4,320
Monthly Property Taxes
$888
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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2024$649,999 Listed Price

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84 Scheerer Avenue, Newark, NJ, 07112 is a Multi-Family Home for sale at $649,999. 84 Scheerer Avenue has 8 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 07112 which is in Newark, NJ