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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
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.

Property Type:Multi-Family
Listing Status:Active
Year Built:1910
Exterior:Aluminum Siding
Roofing:Asphalt Shingle
Garage Description:See Remarks
Driveway:Blacktop, Driveway-Exclusive
Heating:Baseboard - Electric
Heat Source:Gas-Natural
Sewer:Public Sewer
Utilities:Electric, Gas-Natural
Total Full Baths:3
Basement Description:Unfinished
Listing Price:$449,000
Tax Amount:$5,991
Tax Year:2019
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