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Westfield NJ Area Real Estate and Homes For Sale

Home for Sale at 29 5th St, Newark City, NJ 07107

 
 
 
 
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     For additional information, contact Keller Williams Realty Premier Properties of Westfield Phone: (908) 233-8502
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29 5th St, Newark City, NJ 07107
Listing# 3654339
 
 
 
 
Price: $449,000
PRICE REDUCED!
Bedrooms: 9
Full Bathrooms: 3
Type: Multi-Family
County: Essex
 
 
 
 
    Photo of home for sale at 29 5TH ST, Newark City NJ
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Property Description:
 
 
 
 
Great Investment Opportunity: (3 Family unit - 3Br/3Brs/3Brs plus 3bths (Total 9 Brs plus 3Bths). Potential rent roll - Unit 1 = $1,750 / Unit 2= $1,1750 / Unit 3 =$1,650 a total of $5,150.Taxes are $5,991. As a bonus this property sits on an oversized lot (50x100). The building sits on approx. 25X100 and the parking lot sits on approx. 25x100. This parking lot potentially could be converted and developed into a separate multi- family unit. That s really a double bonus. Basement is standing height/ full and unfinished / provides ample space for storage. Located near Rutgers Dental school, and proximity to NYC trains and buses. Property is still being renovated. Seller is motivated so no offer over asking will be refused.

 
 
 
 
OVERVIEW:
 
 
 
 
Property Type:Multi-Family
Listing Status:Active
Year Built:1910
Acres:0.06
Exterior:Aluminum Siding
Roofing:Asphalt Shingle
Garage Description:See Remarks
Driveway:Blacktop, Driveway-Exclusive
Heating:Baseboard - Electric
Heat Source:Gas-Natural
Water:Association
Sewer:Public Sewer
Utilities:Electric, Gas-Natural
 
 
 
 
FEATURES:
 
 
 
 
 
 
 
 
ROOM INFO:
 
 
 
 
Bedrooms:9
Total Full Baths:3
Basement Description:Unfinished
 
 
 
 
FINANCIAL:
 
 
 
 
Listing Price:$449,000
Tax Amount:$5,991
Tax Year:2019
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The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, LLC. Real estate listings held by other brokerage firms are marked as IDX Listing.  All information deemed reliable but not guaranteed and should be independently verified.  Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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