242-244 Stuyvesant Avenue

Newark, NJ 07106

$535,000
Price
7
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This property promises to be a lucrative investment opportunity or a comfortable residence for an owner-occupant. This income-producing monster boasts a versatile layout that caters to both investors and homeowners alike. The first floor features three spacious bedrooms, a cozy living room, an eat-in kitchen, and a well-appointed bathroom. Moving up to the second and third floors, you will find a unique combination of living spaces. The second floor offers two bedrooms, a bright living room, a dining...This property promises to be a lucrative investment opportunity or a comfortable residence for an owner-occupant. This income-producing monster boasts a versatile layout that caters to both investors and homeowners alike. The first floor features three spacious bedrooms, a cozy living room, an eat-in kitchen, and a well-appointed bathroom. Moving up to the second and third floors, you will find a unique combination of living spaces. The second floor offers two bedrooms, a bright living room, a dining area, an additional kitchen, and a full bathroom. Ascend to the third floor to discover two more bedrooms accompanied by another full bathroom. Additionally, the partially finished basement includes yet another full bathroom and extra living space. Outdoor enthusiasts will appreciate the backyard oasis, while financially savvy buyers will be enticed by the property's low taxes.
  1. Listed by DAVID H VANEGAS • EMPIRE REAL ESTATE
  2. Listed by ESLAM MUSSALLAM • EMPIRE REAL ESTATE

Property Details for 242-244 Stuyvesant Avenue

Directions
GPS _ 242 Stuyvesant Ave, Newark
Days On Market
10

Location

Listing Courtesy of EMPIRE REAL ESTATE, DAVID H VANEGAS; EMPIRE REAL ESTATE, ESLAM MUSSALLAM
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LISTING UPDATED: 04/29/2024 07:50 AM

Property Details for 242-244 Stuyvesant Avenue

StatusActive
MLS #3897129
Days on Market16
Taxes$5,055 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1960
Lot Size0.10 AC / 4,356 SF
CountyEssex County

Location

Listing Courtesy of EMPIRE REAL ESTATE, DAVID H VANEGAS; EMPIRE REAL ESTATE, ESLAM MUSSALLAM
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Building Information for 242-244 Stuyvesant Avenue

Stories-Residences2Year Built1960Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$3,341 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,920

Property Taxes

$421

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 242-244 Stuyvesant Avenue

Summary
Location and General Information
  • Active Days on Market: 10
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 4077
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 242.0
  • # Parking Spaces: 0
  • County Or Parish: Essex
  • Street Name: Stuyvesant Ave
  • Zip Code: 07106-3048
  • 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: $5,055
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 135600.0
  • Tax ID For Property: 1614-04077-0000-00009-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: On-Street Parking
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Identifier: 9
  • Approximate Lot Size: 39.3X106 AVG.
  • Total Acres: 0.1
  • Construction Date/Year Built: 1960
  • Construction Date/Year Built Des: Unknown
Property and Assessments
  • Assessment Bldg: 120600.0
  • Assessment Land: 15000.0
Utilities
  • Cooling: Window A/C(s)
  • Utilities: Electric, Gas In Street, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 2 Units, Baseboard - Hotwater
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Partial
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 1 Baths: 1.0
  • 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, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room, See Remarks
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 4
  • 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, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room, See Remarks
  • Unit 2 Rooms: 8.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Smoke Detector
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Expenses Include: Cold Water, Insurance, Maintenance, Taxes
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 242-244 Stuyvesant 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 242-244 Stuyvesant Avenue

Taxable ValueLand$15,000Additions$120,600Total$135,600
Tax Record2022$5,066 ($422 / month)
Home Facts
Beds0Total Finished SqFt2,474 SqFtAbove Grade Finished SqFt2,474 SqFtStories2Lot Size4,164 SqFtStyleSingle Family ResidenceYear Built1925CountyESSEXAPN14 04077-0000-00009

Schools near 242-244 Stuyvesant 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
Louise A. Spencer Elementary School
PublicPK to 8

Technology High School
Public9 to 12

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

Belmont-Runyon 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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242-244 Stuyvesant Avenue is a multi-family home for sale in Newark, NJ 07106. This property was listed for sale on April 19, 2024 by EMPIRE REAL ESTATE, it's currently listed at $535,000. It has been on the market for a total of 16 days and was last sold on March 9, 2016. This listing's school district is The Newark Public School District. Nearby schools include Louise A. Spencer Elementary School, Technology High School and B.R.I.C.K. Peshine Academy. 242-244 Stuyvesant Avenue is a 7-bed, 4-bath, multi-family home built in 1960.

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 EMPIRE REAL ESTATE, DAVID H VANEGAS; EMPIRE REAL ESTATE, ESLAM MUSSALLAM

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 05/05/2024 01:17 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.