113 S 11th St # 2

Newark City, NJ
$ 450,000 Beds 8 Baths 3
Monthly Estimate* How much can I afford?

Newly Renovated 3 story Brick House with 2 Units and a Variance Pending for 3rd unit. It has 2 bedrooms 1 bath and a living room on each floor giving Potential Rental income of $1500 per unit or $1500 for Ground unit and $2600 for the duplex apartment.This property is located right off of Central Ave within steps of Newarks Iconic Blueberry Cafe, and Donald M Payne School of Technology. Approximately 11min from Newark Penn Station and Downtown Newark.Walking distance from the #21 #34 #5 buses and Newark Light Rail Station.This Home is located in a redevelopment zone in Newark, so here is an opportunity to be a part of this Emerging Market.

Multi-Family

  • Price
  • $ 450,000
  • Lot Size
  • 2,614 SqFt
  • Bedrooms
  • 8
  • Full Bathrooms
  • 3
  • Year Built
  • 1920
  • Half Bathrooms
  • 0
  • City, Zip
  • Newark City
  • Taxes
  • $ 3686
  • County
  • ESSEX
  • Style
  • 3-Three Story
  • Area
  • Newark City
  • MLS#
  • 3752773
  • Zip
  • 07107
Listing Provided by: UNITED REAL ESTATE
Data Source: Garden State MLS (GSMLS) - 38 - NJ

Features

General

Architectural Style 3-Three Story
Basement Finished, Full
Building # 1
Cooling Window A/C(s)
Drive None, On-Street Parking
Exterior Features Sidewalk
Garage None, On-Street Parking
Heating 2 Units, Baseboard - Electric
Interior Features Carbon Monoxide Detector, Smoke Detector
Roof Composition Shingle, Flat
Sewer Public Sewer
Tax Annual Amount 3686
Total Units 2
Town # 1614
Township Newark City
Unit Number 2
Utilities Electric
Water Heater Electric
Zoning R2

Interior Features

Fuel Type Electric
Unit 1 Appl/equip Carbon Monoxide Detector, Fire Alarm System, Range/Oven - Electric, Refrigerator
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 1 Handicap Modified No
Unit 1 Levels 1
Unit 1 Room Description Bedrooms, Dining Room, Kitchen
Unit 1 Rooms 6
Unit 1 Sq Ft 640
Unit 2 Appl/equip Carbon Monoxide Detector, Fire Alarm System, Range/Oven - Electric, Refrigerator
Unit 2 Baths Total 2.0
Unit 2 Beds Total 5
Unit 2 Handicap Modified No
Unit 2 Levels 2
Unit 2 Room Description Bedrooms, Dining Room, Kitchen
Unit 2 Rooms 10
Unit 2 Sq Ft 1250
Unittype1totalrent 1500
Unittype2totalrent 2600

Exterior Features

Exterior Description Brick, Composition Siding
Lot Dimensions 25X100
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Maplewood, NJ office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% 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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/19/2021 Listed $450,000

Property vs Zip Code Average in 07107

Price
AVG $500K
$450K
Taxes
AVG $6,812
$3,686
Visits
AVG 62
18
Year Built
AVG 1928
1920
Walkscore
AVG 77
75
Data Provided by Walkscore ® not using MLS data

Map

113 S 11th St # 2 Newark City, NJ is a Single Family Home for sale at $450000 and a lot size of 2,614 SqFt Acre(s). 113 S 11th St # 2 Newark City has 8 bedrooms, 3 baths and was built in 1920. The property's zip code is 07107 which is in Newark City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.