Terry Musser - Coldwell Banker Hearthside
12 W End Ave
Newark City, NJ 07106

Description

BACK ON THE MARKET! Rare all 4-Bed unit mix w/ separate utilities. Upgraded heating system fueled by gas-fired Crown boilers represent primary capital improvement completed in Year 2016. Investment property opportunity ideal for 1) Performance Investors seeking immediate cashflow for long-term hold; Going-In return; Cap Rate @ 7.8% and Cash-on-Cash @ 10.15% and 2) Buy/Hold Principals w/ portfolio expansion requirements.

Details

MLS#3463920
Sub-TypeResale
StatusActive
Year1930
Days On Site209

Features

Units3
Building(s)1

Additional Information

Annual Tax Amount7102
Assesed Tax Valuation199500
Tax ID3.560
Tax Rate2017
Tax Rate Year2017

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Area Information

StateNJ
CountyEssex
CityNewark City
Zip Code07106
AreaEssex
Listing VS Median (in 07106)
Price:
$355,000
low | high
Med:
$225,000
86.619718309859% of Average
On Site:
209
low | high
Med:
21
100% of Average
Listing Updated: 11/17/2018
MLS Number: 3463920
Listing Provided By:
WASHINGTON PAUL E.  of  COLDWELL BANKER REALTORS