227 South 9th Street

Newark, NJ 07103

$1,060,000
Price
9
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Amazing Investment Opportunity money making multi family in Newark. Large rooms! Unit 1 has 3 bedrooms, 2 full bath, kitchen, living room dining room & laundry room. Unit 2 has 3 bedrooms, 2 full bath, kitchen, living room, dining room & laundry room. Unit 3 also has 3 bedrooms, 2 full bath, kitchen, living room, dining room, & laundry room. Three parking spaces and two car garage. Easy access to major highways, public transportation, Newark Penn Train Station & a few minutes from Newark airport....Amazing Investment Opportunity money making multi family in Newark. Large rooms! Unit 1 has 3 bedrooms, 2 full bath, kitchen, living room dining room & laundry room. Unit 2 has 3 bedrooms, 2 full bath, kitchen, living room, dining room & laundry room. Unit 3 also has 3 bedrooms, 2 full bath, kitchen, living room, dining room, & laundry room. Three parking spaces and two car garage. Easy access to major highways, public transportation, Newark Penn Train Station & a few minutes from Newark airport. The house is in excellent condition, nice back yard, & much more. Show & see.
  1. Listed by MARIA TELMA VANEMBURG-SILVA • CORNERSTONE REALTY ASSOCIATES

Property Details for 227 South 9th Street

Directions
South Orange Ave to S 9th Street.
Days On Market
7

Location

Listing Courtesy of CORNERSTONE REALTY ASSOCIATES, MARIA TELMA VANEMBURG-SILVA
Add your commute
LISTING UPDATED: 03/25/2024 11:22 AM

Property Details for 227 South 9th Street

StatusActive
MLS #3891498
Days on Market45
Taxes$12,220 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built2008
Lot Size-
CountyEssex County

Location

Listing Courtesy of CORNERSTONE REALTY ASSOCIATES, MARIA TELMA VANEMBURG-SILVA
Add your commute

Building Information for 227 South 9th Street

Stories-Residences3Year Built2008Building Size-Lot Size-

Payment Calculator

$6,803 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,785

Property Taxes

$1,018

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 227 South 9th Street

Summary
Location and General Information
  • Active Days on Market: 7
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 01797
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 227.0
  • # Parking Spaces: 3
  • County Or Parish: Essex
  • Street Name: S 9th street
  • Zip Code: 07103-2108
  • Total Units: 3
Taxes and HOA Information
  • Tax Amount: $12,220
  • Assessment Total: 321000.0
  • Tax ID For Property: 1614-01797-0000-00015-0001-
  • Tax Rate Amount: $84
  • Tax Year: 2023
Parking
  • Parking/Driveway Description: Driveway-Exclusive
  • # Garage Spaces: 2
Property
Lot Information
  • Lot Identifier: 00015/0001
  • Approximate Lot Size: 4167 SF
  • Construction Date/Year Built: 2008
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 293200.0
Utilities
  • Cooling: Central Air
  • Services: Cable TV
  • Water: Public Water
  • Heating: See Remarks
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick
  • Exterior Features: Privacy Fence
Interior Features
  • Interior Features: Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: No
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Smoke Detector
  • 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: Owner Pays Water, Tenant Pays Electric
  • Unit 1 Rent: 1800.0
  • Unit 1 Room Description: Bedrooms, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 1800.0
  • Unit 1 Sq Ft: 9999.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Kitchen Exhaust Fan, Smoke Detector
  • 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: Owner Pays Water, Tenant Pays Electric
  • Unit 2 Rent: 2400.0
  • Unit 2 Room Description: Bedrooms, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 2400.0
  • Unit 2 Sq Ft: 9999.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Smoke Detector
  • 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: Owner Pays Water, Tenant Pays Electric
  • Unit 3 Rent: 2000.0
  • Unit 3 Room Description: Bedrooms, Dining Room, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom
  • Unit 3 Rooms: 6.0
  • Unit 3 Security Deposit: 2000.0
  • Unit 3 Sq Ft: 9999.0
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 227 South 9th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 227 South 9th Street

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
B.R.I.C.K. Peshine Academy
PublicPK to 8

Malcolm X Shabazz High School
Public9 to 12

Ivy Hill Elementary School
PublicPK to 8

Lincoln 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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227 South 9th Street is a multi-family home for sale in Newark, NJ 07103. This property was listed for sale on March 18, 2024 by CORNERSTONE REALTY ASSOCIATES, it's currently listed at $1,060,000. This listing's school district is The Newark Public School District. Nearby schools include B.R.I.C.K. Peshine Academy, Malcolm X Shabazz High School and Ivy Hill Elementary School. 227 South 9th Street is a 9-bed, 6-bath, multi-family home built in 2008.

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 CORNERSTONE REALTY ASSOCIATES, MARIA TELMA VANEMBURG-SILVA

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 09:25 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.