179 North 9th Street, Unit 3

Newark, NJ 07107

$999,000
Price
9
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to this 18-room 3-family residential complex to be built in north newark! Most significant, this house has not been built. The 3-family residential complex will be built and completed within the next 180 days; however, you can purchase the 3-family with a 203-k rehab mortgage loan to be used to complete the construction of the complex. Additionally, you will have a rental income of five thousand dollars per month! Sixty thousand [$60,000] per year to be used to help make the mortgage payments....Welcome to this 18-room 3-family residential complex to be built in north newark! Most significant, this house has not been built. The 3-family residential complex will be built and completed within the next 180 days; however, you can purchase the 3-family with a 203-k rehab mortgage loan to be used to complete the construction of the complex. Additionally, you will have a rental income of five thousand dollars per month! Sixty thousand [$60,000] per year to be used to help make the mortgage payments. The 3-family house will have hardwood floors in all three units, carpeting in all bedrooms, and marble floors in all bathrooms,! Central air & heating in all three units! New kitchen cabinets! Spacious formal lr, dr, 9 bedrooms, fully equipped with top-of-line appliances, including a sub-zero refrigerator & viking ranges complemented by granite counters and center island w/ breakfast bar. The stunning dining area with slider doors leading to the maintenance-free deck, which is perfect for enjoying the very private, tranquil, fully fenced-in backyard! Open concept floor plans! The house will consist of a spacious & luxurious mbr suite in each unit, a walk-in closet, a three-car garage, and a very beautiful home office to offer flexibility & functionality for today's work-from-home lifestyle! Public water & sewer! Don't miss the chance to call this meticulously crafted 3 family residence your new home, where comfort, style, and functionality converge seamlessly!
  1. Listed by MAUREEN PONCELET-DEL SOLE • EXIT PLATINUM REALTY

Property Details for 179 North 9th Street, Unit 3

Directions
BLOOMFIELD AVENUE TO PARK AVENUE TO NORTH 9TH STREET! PLEASE KEEP IN MIND THAT 179 NORTH 9TH STREET IS LOCATED BETWEEN PARK AVENUE AND FOURTH AVENUE.
Days On Market
3
Section/Subdiv/Development
NORTH NEWARK

Location

Listing Courtesy of EXIT PLATINUM REALTY, MAUREEN PONCELET-DEL SOLE
Add your commute
LISTING UPDATED: 02/15/2024 08:13 AM

Property Details for 179 North 9th Street, Unit 3

StatusActive
MLS #3885641
Days on Market80
Taxes$2,256 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built2024
Lot Size0.07 AC / 3,049 SF
CountyEssex County

Location

Listing Courtesy of EXIT PLATINUM REALTY, MAUREEN PONCELET-DEL SOLE
Add your commute

Building Information for 179 North 9th Street, Unit 3

Stories-Residences3Year Built2024Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$5,640 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,452

Property Taxes

$188

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 179 North 9th Street, Unit 3

Summary
Location and General Information
  • Zoning: R3
  • Building #: 179
  • Middle/Jr High School: BRANCH BRK
  • Grade School: BARRINGER
  • High School: 18TH AVE
  • Active Days on Market: 3
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 1937
  • Listing Type: Exclusive Right to Sell
  • Color of Building: BLUE
  • Town #: 1614.0
  • Unit #: 3
  • Street # Display: 179.0
  • # Parking Spaces: 3
  • County Or Parish: Essex
  • Street Name: N 9Th St
  • Zip Code: 07107-1743
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $2,256
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 60400.0
  • Tax ID For Property: 1614-01937-0000-00060-0000-
  • 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: 2 Car Width, Concrete, Lighting
  • # Garage Spaces: 3
  • Garage Description: Finished Garage, Garage Door Opener, Garage Parking, Inside Entrance
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 60
  • Approximate Lot Size: 25X130
  • Total Acres: 0.07
  • Construction Date/Year Built: 2024
  • Construction Date/Year Built Des: To Be Built
Property and Assessments
  • Assessment Bldg: 29600.0
  • Assessment Land: 30800.0
  • Farm Assessment: No
Utilities
  • Cooling: 3 Units, Central Air
  • Services: Cable TV
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 3 Units, Forced Hot Air
  • Fuel Type: Gas-Natural
  • Sewer: Public Available, Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick, Stucco, Vinyl Siding, Wood
  • Exterior Features: Deck, Open Porch(es), Patio, Privacy Fence, Sidewalk, Storage Shed, Storm Door(s), Storm Window(s), Thermal Windows/Doors, Vinyl Fence
Interior Features
  • Interior Features: Blinds, Carbon Monoxide Detector, Carpeting, Marble Floors, Security System, Tile Floors, Walk-In Closet, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: No
  • Basement Description: Slab
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Dryer, Fire Alarm System, Microwave Oven, Range/Oven - Gas, Refrigerator, Washer
  • Unit 1 Baths: 2.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Family Room, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 1200.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Dryer, Fire Alarm System, Microwave Oven, Range/Oven - Gas, Refrigerator, Washer
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Family Room, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 1200.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Dryer, Fire Alarm System, Microwave Oven, Range/Oven - Gas, Refrigerator, Washer
  • Unit 3 Baths: 2.0
  • Unit 3 Bedrooms: 3
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 3.0
  • Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 3 Rent: 0.0
  • Unit 3 Room Description: Bedrooms, Family Room, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom
  • Unit 3 Rooms: 6.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 1200.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $45,000.00
  • Net Operating Income: $15,000.00
  • Gross Operating Income: $60,000.00
Rental
Rental Information
  • Home Warranty: true

Property History for 179 North 9th Street, Unit 3

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 179 North 9th Street, Unit 3

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - PK to 6
Public - PK to 8
Rating
School
Distance
Dr. William H. Horton Elementary School
PublicK to 8

Barringer High School
Public9 to 12

Salome Urena Elementary School
PublicPK to 6

First 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.

Similar Homes

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179 North 9th Street, Unit 3 is a multi-family home for sale in Newark, NJ 07107. This property was listed for sale on February 12, 2024 by EXIT PLATINUM REALTY, it's currently listed at $999,000. This listing's school district is The Newark Public School District. Nearby schools include Dr. William H. Horton Elementary School, Barringer High School and Salome Urena Elementary School. 179 North 9th Street, Unit 3 is a 9-bed, 6-bath, multi-family home built in 2024.

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, MAUREEN PONCELET-DEL SOLE

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 01:47 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.