191 Hillside Avenue
191 Hillside Avenue
$591,836
9
3
—
—
—
Sold 8/22/22
Description
3 Family Unit - Great Investment Opportunity: (9 Bedrooms and 3 Baths in total situated on double lot. Ideal to build another multi family). Value is in the bonus lot. Each of the 3 units comes with 3 sizable bedrooms and 1 bath. Interior of this property is in immaculate condition as it was updated approx. 10 years ago. No work is needed. The current tenants are paying $1,200 per month which is below market. However, the true potential rent roll of this property is Unit 1 = $1,850 / Unit 2= $1,1850...3 Family Unit - Great Investment Opportunity: (9 Bedrooms and 3 Baths in total situated on double lot. Ideal to build another multi family). Value is in the bonus lot. Each of the 3 units comes with 3 sizable bedrooms and 1 bath. Interior of this property is in immaculate condition as it was updated approx. 10 years ago. No work is needed. The current tenants are paying $1,200 per month which is below market. However, the true potential rent roll of this property is Unit 1 = $1,850 / Unit 2= $1,1850 / Unit 3 =$1,850 a total of $5,550. (Potential annually income $66,600 and taxes $8,181) As a bonus this property sits on an oversized lot (50x130). The building sits on approx. 25X130 and the parking lot sits on approx. 25x130. This parking lot potentially could be converted and developed into a separate multi- family unit. That is really a double bonus. Basement is standing height/ full and unfinished / provides ample space for storage. Proximity to NYC trains and buses. Approximately 7 minutes to Newark International airport and 20 minutes to Midtown NYC.
- Listed by MARVIN WILLIAMS • COLDWELL BANKER REALTY
Property Details for 191 Hillside Avenue
Directions
Hillside Ave - Newark
Days On Market22
Location
LISTING UPDATED: 08/23/2023 03:03 AM
Property Details for 191 Hillside Avenue
Status | Sold |
---|---|
MLS # | 3790851 |
Days on Market | 22 |
Taxes | $8,181 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family |
Year Built | 1907 |
Lot Size | 0.15 AC / 6,534 SF |
County | Essex County |
Location
Building Information for 191 Hillside Avenue
Stories-Residences3Year Built1907Building Size-Lot Size0.15 AC / 6,534 SF
Payment Calculator
$3,912 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 191 Hillside Avenue
Property History for 191 Hillside Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 191 Hillside 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 |
---|---|---|
Mount Vernon Elementary School PublicPK to 8 | ||
Technology High School Public9 to 12 | ||
Lincoln Elementary School PublicPK to 8 | ||
Ivy Hill 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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