27 Grand Avenue

Newark, NJ 07106

$574,900
Price
6
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to your chance to purchase a hard to find updated two family home. This impeccably maintained two-family home offers not just one, but two spacious units, making it an ideal investment opportunity or a perfect solution for multi-generational living or an investor looking to cash flow. Home features separate boilers, separate water heaters and electrical systems. Each unit has 3 bedrooms, living and dining and 1 bath. Each unit features well-appointed living spaces, including inviting living...Welcome to your chance to purchase a hard to find updated two family home. This impeccably maintained two-family home offers not just one, but two spacious units, making it an ideal investment opportunity or a perfect solution for multi-generational living or an investor looking to cash flow. Home features separate boilers, separate water heaters and electrical systems. Each unit has 3 bedrooms, living and dining and 1 bath. Each unit features well-appointed living spaces, including inviting living rooms, comfortable bedrooms, updated kitchens, and updated bathrooms. Flexible layouts offer endless possibilities for customization to suit your lifestyle or rental preferences. Nestled in a serene neighborhood, yet conveniently close to major amenities, schools, parks, and transportation routes, this property offers the best of both worlds - tranquility and accessibility. Step outside to discover a huge backyard retreat, perfect for relaxing, entertaining, or outdoor activities. Enjoy summer barbecues, gardening, or simply basking in the sunshine in your own backyard haven. With a vacancy in a multi-family property being a rare find, this home presents a lucrative opportunity for savvy investors. Take advantage of the strong rental market.
  1. Listed by JEAN J. JOSEPH • RE/MAX FIRST REALTY II

Property Details for 27 Grand Avenue

Directions
South Orange Ave to Grand Ave
Days On Market
6

Location

Listing Courtesy of RE/MAX FIRST REALTY II, JEAN J. JOSEPH
Add your commute
LISTING UPDATED: 05/21/2024 07:25 AM

Property Details for 27 Grand Avenue

StatusActive
MLS #3902198
Days on Market17
Taxes$4,656 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2-Two Story
Year Built1952
Lot Size0.14 AC / 6,098 SF
CountyEssex County

Location

Listing Courtesy of RE/MAX FIRST REALTY II, JEAN J. JOSEPH
Add your commute

Building Information for 27 Grand Avenue

Stories-Residences2Year Built1952Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$3,525 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,137

Property Taxes

$388

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 27 Grand Avenue

Summary
Location and General Information
  • Active Days on Market: 6
  • Renovated Year: 2024
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 4205.01
  • Listing Type: Exclusive Agency
  • Town #: 1614.0
  • Street # Display: 27.0
  • # Parking Spaces: 4
  • County Or Parish: Essex
  • Street Name: Grand Ave
  • Zip Code: 07106-1223
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $4,656
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 124900.0
  • Tax ID For Property: 1614-04205-0001-00025-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Additional Parking, Driveway-Shared
Property
Lot Information
  • Lot Identifier: 25
  • Approximate Lot Size: 32 X 185
  • Total Acres: 0.14
  • Construction Date/Year Built: 1952
  • Construction Date/Year Built Des: Renovated
Property and Assessments
  • Assessment Bldg: 109900.0
  • Assessment Land: 15000.0
Utilities
  • Cooling: No Cool
  • Utilities: Gas In Street
  • Water: Public Water
  • Heating: 2 Units
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick, Vinyl Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Full
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Microwave Oven, Range/Oven - Gas, Refrigerator
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Dining Room, Kitchen, Living Room
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Microwave Oven, Range/Oven - Gas, Refrigerator
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Dining Room, Kitchen, Living Room
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 27 Grand Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 27 Grand Avenue

Taxable ValueLand$15,000Additions$109,900Total$124,900
Tax Record2022$4,666 ($389 / month)
Home Facts
Beds0Total Finished SqFt2,248 SqFtAbove Grade Finished SqFt2,248 SqFtStories2Lot Size5,920 SqFtStyleSingle Family ResidenceYear Built1952CountyESSEXAPN14 04205- 01-00025

Schools near 27 Grand Avenue

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 12
Public - K to 8
Public - PK to 8
Rating
School
Distance
B.R.I.C.K. Peshine Academy
PublicPK to 8

Eagle Academy for Young Men of Newark
Public6 to 12

Chancellor Avenue Elementary School
PublicK to 8

George Washington Carver Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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27 Grand Avenue is a multi-family home for sale in Newark, NJ 07106. This property was listed for sale on May 15, 2024 by RE/MAX FIRST REALTY II, it's currently listed at $574,900. It has been on the market for a total of 17 days and was last sold on January 30, 2024. This listing's school district is The Newark Public School District. Nearby schools include B.R.I.C.K. Peshine Academy, Eagle Academy for Young Men of Newark and Chancellor Avenue Elementary School. 27 Grand Avenue is a 6-bed, 2-bath, multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX FIRST REALTY II, JEAN J. JOSEPH

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 06/01/2024 05:18 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.