125 Columbia Avenue

Newark, NJ 07106

$550,000
Price
7
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Recently renovated (2020). Multi-Family in Newark, boast 7 Bedrooms, 3 Full Baths. First floor consists of 3 bedrooms, 1 bath, living room, separate dining room with modern open kitchen with stainless steel appliances. Second floor has 4 bedrooms, 2 full baths, small office, living room, dining room and nice size kitchen. . Property is being sold AS IS. Inspections will be for informational purposes only. This property offers easy access to schools, parks, shopping, dining & public transportation....Recently renovated (2020). Multi-Family in Newark, boast 7 Bedrooms, 3 Full Baths. First floor consists of 3 bedrooms, 1 bath, living room, separate dining room with modern open kitchen with stainless steel appliances. Second floor has 4 bedrooms, 2 full baths, small office, living room, dining room and nice size kitchen. . Property is being sold AS IS. Inspections will be for informational purposes only. This property offers easy access to schools, parks, shopping, dining & public transportation. It's a good opportunity for investors or those seeking a income producing property. Showing will begin on 2/15/24
  1. Listed by TONYNA DENISE MCGHEE • KELLER WILLIAMS ELITE REALTORS

Property Details for 125 Columbia Avenue

Directions
Use GPS to 125 Columbia Ave
Days On Market
26

Location

Listing Courtesy of KELLER WILLIAMS ELITE REALTORS, TONYNA DENISE MCGHEE
Add your commute
LISTING UPDATED: 03/29/2024 02:08 PM

Property Details for 125 Columbia Avenue

StatusUnder Contract
MLS #3885325
Days on Market26
Taxes$9,822 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2-Two Story
Year Built1922
Lot Size0.07 AC / 3,049 SF
CountyEssex County

Location

Listing Courtesy of KELLER WILLIAMS ELITE REALTORS, TONYNA DENISE MCGHEE
Add your commute

Building Information for 125 Columbia Avenue

Stories-Residences2Year Built1922Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$3,820 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,002

Property Taxes

$819

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 125 Columbia Avenue

Summary
Location and General Information
  • Building #: 125
  • Middle/Jr High School: ALEXANDER
  • Grade School: H TUBMAN
  • Active Days on Market: 38
  • Renovated Year: 2020
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 4033
  • Listing Type: Exclusive Right to Sell
  • Color of Building: Green
  • Town #: 1614.0
  • Street # Display: 125.0
  • # Parking Spaces: 1
  • County Or Parish: Essex
  • Street Name: Columbia Ave
  • Zip Code: 07106-2103
  • 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: $9,822
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 262900.0
  • Tax ID For Property: 1614-04033-0000-00017-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2022
  • Tax Year: 2022
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Additional Parking, Gravel, On-Street Parking
  • # Garage Spaces: 1
  • Garage Description: Detached Garage
Property
Lot Information
  • Lot Identifier: 17
  • Approximate Lot Size: 32X100
  • Total Acres: 0.07
  • Construction Date/Year Built: 1922
  • Construction Date/Year Built Des: Renovated
Property and Assessments
  • Assessment Bldg: 245800.0
  • Assessment Land: 17100.0
Utilities
  • Cooling: No Cool
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 2 Units, Forced Hot Air
  • Fuel Type: Gas-Natural
  • Sewer: Public Available
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Interior Features: Vinyl-Linoleum Floors
  • Roof Description: Flat
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: CarbMDet, CookGas, Microwav, RgOvGas, Refrig, SmokeDet
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 1.0
  • 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: 1850.0
  • Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room
  • Unit 1 Rooms: 7.0
  • Unit 1 Security Deposit: 3500.0
  • Unit 1 Sq Ft: 1200.0
Unit 2 Information
  • Unit 2 Appl/Equip: CarbMDet, CookGas, Microwav, RgOvGas, Refrig, SmokeDet
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 4
  • Unit 2 Fireplaces: 1.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Lease Expiration: 05-31-2024
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 2500.0
  • Unit 2 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room
  • Unit 2 Rooms: 4.0
  • Unit 2 Security Deposit: 3750.0
  • Unit 2 Sq Ft: 1200.0
Unit 3 Information
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 1
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Levels: 3.0
  • Unit 3 Rooms: 2.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $13,770.00
  • Expenses Include: Hot & Cold Water, Insurance, Maintenance, Taxes
  • Net Operating Income: $38,430.00
  • Gross Operating Income: $52,200.00

Property History for 125 Columbia 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 125 Columbia Avenue

Taxable ValueLand$17,100Additions$245,800Total$262,900
Tax Record2022$9,822 ($818 / month)
Home Facts
Beds0Total Finished SqFt2,301 SqFtAbove Grade Finished SqFt2,301 SqFtStories2Lot Size3,202 SqFtStyleSingle Family ResidenceYear Built1912CountyESSEXAPN14 04033-0000-00017

Schools near 125 Columbia Avenue

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 8
Rating
School
Distance
Hawthorne Avenue Elementary School
PublicPK to 8

East Side High School
Public9 to 12

Mount Vernon Elementary School
PublicPK to 8

Thirteenth Avenue 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.

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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 KELLER WILLIAMS ELITE REALTORS, TONYNA DENISE MCGHEE

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