696 Dr Martin Luther King Jr Boulevard

Newark, NJ 07102

$700,000
Price
8
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This is a great property in a great location surrounded by a ton of redevelopment this beauty won't last, come make it your own. The property is in need of repair but possesses unlimited potential. The renaissance is here, and the opportunity is yours be a part of the New Newark and all the great potential. Property is walking distance to downtown, and surrounded by schools, colleges, hospitals and a bustling downtown with a bunch of great eateries. Make your appt via showtime and bring your clients....This is a great property in a great location surrounded by a ton of redevelopment this beauty won't last, come make it your own. The property is in need of repair but possesses unlimited potential. The renaissance is here, and the opportunity is yours be a part of the New Newark and all the great potential. Property is walking distance to downtown, and surrounded by schools, colleges, hospitals and a bustling downtown with a bunch of great eateries. Make your appt via showtime and bring your clients. This property was originally a rooming house with lots of space graet for a large family some tenants are bringing it back to its original use have it your way
  1. Listed by MELODY SCOTT • EXIT PLATINUM REALTY

Property Details for 696 Dr Martin Luther King Jr Boulevard

Directions
SPRINGFIELD AVE TO MLK / WEST KENNY TO MLK
Days On Market
14

Location

Listing Courtesy of EXIT PLATINUM REALTY, MELODY SCOTT
Add your commute
LISTING UPDATED: 05/28/2024 09:47 PM

Property Details for 696 Dr Martin Luther King Jr Boulevard

StatusActive
MLS #3901715
Days on Market18
Taxes$7,985 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built-
Lot Size-
CountyEssex County

Location

Listing Courtesy of EXIT PLATINUM REALTY, MELODY SCOTT
Add your commute

Building Information for 696 Dr Martin Luther King Jr Boulevard

Stories-Residences3Year Built-Building Size-Lot Size-

Payment Calculator

$4,486 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,820

Property Taxes

$665

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 696 Dr Martin Luther King Jr Boulevard

Summary
Location and General Information
  • Active Days on Market: 14
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 121
  • Listing Type: Exclusive Agency
  • Color of Building: gray
  • Town #: 1614.0
  • Street # Display: 696.0
  • # Parking Spaces: 2
  • County Or Parish: Essex
  • Street Name: MLK
  • Zip Code: 07102-1003
  • Total Units: 3
Taxes and HOA Information
  • Tax Amount: $7,985
  • Assessment Total: 214200.0
  • Tax Rate Amount: $4
  • Tax Rate Year: 2023
  • Tax Year: 2023
Parking
  • Parking/Driveway Description: Driveway-Exclusive
Property
Lot Information
  • Lot Identifier: 10
  • Approximate Lot Size: 35x162
  • Construction Date/Year Built Des: Standing, Under Construction
Property and Assessments
  • Assessment Bldg: 154700.0
  • Assessment Land: 59500.0
Utilities
  • Cooling: No Cool, See Remarks
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: See Remarks
  • Heating: 1 Unit
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Composition Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, See Remarks, Smoke Detector
  • 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: 9999.0
  • Unit 1 Room Description: Bedrooms, Kitchen
  • Unit 1 Rooms: 3.0
  • Unit 1 Security Deposit: 9999.0
  • Unit 1 Sq Ft: 9999.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, See Remarks, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 9999.0
  • Unit 2 Room Description: Bedrooms
  • Unit 2 Rooms: 3.0
  • Unit 2 Security Deposit: 9999.0
  • Unit 2 Sq Ft: 9999.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, See Remarks, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 3.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 9999.0
  • Unit 3 Room Description: Bedrooms
  • Unit 3 Rooms: 2.0
  • Unit 3 Security Deposit: 9999.0
  • Unit 3 Sq Ft: 9999.0
Unit 4 Information
  • Unit 4 Appl/Equip: See Remarks
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $9,999.00
  • Net Operating Income: $9,999.00
  • Gross Operating Income: $9,999.00

Property History for 696 Dr Martin Luther King Jr Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 696 Dr Martin Luther King Jr Boulevard

Taxable ValueLand$59,500Additions$154,700Total$214,200
Tax Record2022$8,003 ($667 / month)
Home Facts
Total Finished SqFt3,972 SqFtAbove Grade Finished SqFt3,972 SqFtStories3Lot Size5,672 SqFtStyleMiscellaneous CommercialYear Built1910CountyESSEXAPN14 00121-0000-00010

Schools near 696 Dr Martin Luther King Jr Boulevard

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 1
Rating
School
Distance
Quitman Street School
PublicPK to 8

American History High School
Public9 to 12

South Street Elementary School
PublicPK to 8

Sir Isaac Newton Elementary School
PublicPK to 1

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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696 Dr Martin Luther King Jr Boulevard is a multi-family home for sale in Newark, NJ 07102. This property was listed for sale on May 14, 2024 by EXIT PLATINUM REALTY, it's currently listed at $700,000. It has been on the market for a total of 18 days and was last sold on August 21, 2023. This listing's school district is The Newark Public School District. Nearby schools include Quitman Street School, American History High School and South Street Elementary School. 696 Dr Martin Luther King Jr Boulevard is a 8-bed, 3-bath, multi-family home.

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 EXIT PLATINUM REALTY, MELODY SCOTT

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 03:06 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.