179 Mapes Avenue

Newark, NJ 07112

$425,000
Last Sold Price
10
Beds
3
Baths
2
1/2 Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Amazing opportunity for an owner or investor to acquire this tremendous income producing 3 family property in one of the fastest growing areas of Newark (Weequahic). The property has been recently renovated and is fully occupied. All tenants are month to month. The property consists of 10 beds and 5 baths. Separate Utilities. Off-Street parking for 3+ cars. Conveniently located near Weequahic Park, Beth Israel Hospital, schools, shopping, and NY/NJ public transportation. Potential to be sold as a...Amazing opportunity for an owner or investor to acquire this tremendous income producing 3 family property in one of the fastest growing areas of Newark (Weequahic). The property has been recently renovated and is fully occupied. All tenants are month to month. The property consists of 10 beds and 5 baths. Separate Utilities. Off-Street parking for 3+ cars. Conveniently located near Weequahic Park, Beth Israel Hospital, schools, shopping, and NY/NJ public transportation. Potential to be sold as a package of 4 multi-family properties comprising 12 units. Whether you are a first time home buyer interested in living in one unit and collecting passive income (individual units can be delivered vacant) or you are a seasoned investor looking to add to your portfolio this property has it all.

Listing Agent

  1. Carlos Beltran

    Carlos Beltran

    Listing Agent

    Compass

Property Details for 179 Mapes Avenue

Style
3 Family
Sub style
Other
Waterfront
None
Garage
O/See Remk

Location

Listing Courtesy of Coldwell Banker, Jersey City, Carlos Beltran

Sold By Coldwell Banker, Jersey City, Carlos Beltran

Add your commute
LISTING UPDATED: 06/08/2021 09:49 AM

Property Details for 179 Mapes Avenue

StatusSold
MLS #20049729
Days on Market155
Taxes$6,702 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3 Family
Year Built-
Lot Size0.08 AC / 3,498 SF
CountyEssex County

Location

Listing Courtesy of Coldwell Banker, Jersey City, Carlos Beltran

Sold By Coldwell Banker, Jersey City, Carlos Beltran

Add your commute

Building Information for 179 Mapes Avenue

Stories-Residences-Year Built-Building Size-Lot Size0.08 AC / 3,498 SF

Payment Calculator

$2,878 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,319

Property Taxes

$559

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 179 Mapes Avenue

Summary
Location and General Information
  • Area: 0714
  • Area name: Newark
  • Flood plain: None
  • Street Name: Mapes
  • County Name: ESSEX
  • Status: SOLD
  • Street Number Numeric: 179
  • Zip Code: 07112
Taxes and HOA Information
  • Tax: $6,702
Owner
  • Ownership: Private
Property
Lot Information
  • Lot size: 3498.0
  • Lot: 00054
  • Year Built: 1900-1939
  • Views exposure: None
  • Lot Description: Regular
  • Miscellaneous: None
  • Block: 03664
Property and Assessments
  • Photo: Y
  • Photo Number: 1
Utilities
  • Sewer: Municipal
  • Utilities: O/See Rmks
  • Heatcool: Gas
  • Cooling Type: Gas
Interior and Exterior Features
Interior Features
  • Bedrooms: 10
  • Baths full: 3
  • Baths partial: 2
  • Basement: Full
  • Number of rooms: 23
  • Laundry: None
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Full Baths Total: 5
  • Num of Baths: 3.2
Exterior Features
  • Fireplace: None
Agent
Sale and Listing Information
  • Search Class: 2to4
  • List Price: $475,000.00
  • Listing Date: 11-17-2020
  • Pending Date: 05-04-2021
  • Close Date: 06-04-2021
  • Status Date: 06-04-2021
  • Sale Price: $425,000
Showing Information
  • Internet Remarks: Amazing opportunity for an owner or investor to acquire this tremendous income producing 3 family property in one of the fastest growing areas of Newark (Weequahic). The property has been recently renovated and is fully occupied. All tenants are month to month. The property consists of 10 beds and 5 baths. Separate Utilities. Off-Street parking for 3+ cars. Conveniently located near Weequahic Park, Beth Israel Hospital, schools, shopping, and NY/NJ public transportation. Potential to be sold as a package of 4 multi-family properties comprising 12 units. Whether you are a first time home buyer interested in living in one unit and collecting passive income (individual units can be delivered vacant) or you are a seasoned investor looking to add to your portfolio this property has it all.

Property History for 179 Mapes 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 179 Mapes Avenue

Taxable ValueLand$28,800Additions$174,900Total$203,700
Tax Record2022$7,610 ($634 / month)
Home Facts
Beds0Total Finished SqFt4,186 SqFtAbove Grade Finished SqFt4,186 SqFtStories3Lot Size3,498 SqFtStyleSingle Family ResidenceYear Built1922CountyESSEXAPN14 03664-0000-00054

Schools near 179 Mapes 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 - K to 8
Rating
School
Distance
Mount Vernon Elementary School
PublicPK to 8

Technology High School
Public9 to 12

Lincoln Elementary School
PublicPK to 8

Speedway Academies
PublicK 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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Similar Sold Homes

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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 Coldwell Banker, Jersey City, Carlos Beltran

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 05/02/2024 12:41 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.