263-265 South 10th Street

Newark, NJ 07103

$689,000
Price
11
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Well-maintained and spacious 3 unit multi-family with great potential for rental income! Close proximity to schools and transportation makes it attractive to potential tenants. Each unit has separate utilities. The inclusion of stackable washer/dryers in the first and third-floor units is a convenient feature for tenants. 1 hot water tank for unit #2 and 2 tankless water heaters for units #1 & #3. 3 gas meters & 3 electrical meters. A 4th electric meter for common area electric. New aluminum roof...Well-maintained and spacious 3 unit multi-family with great potential for rental income! Close proximity to schools and transportation makes it attractive to potential tenants. Each unit has separate utilities. The inclusion of stackable washer/dryers in the first and third-floor units is a convenient feature for tenants. 1 hot water tank for unit #2 and 2 tankless water heaters for units #1 & #3. 3 gas meters & 3 electrical meters. A 4th electric meter for common area electric. New aluminum roof coating and chimney stack in 2017.
  1. Listed by Demetrios Grammatikos • Village Square Realtors • (973) 509-2222
  2. Listed by Gregg Nicholas • Village Square Realtors

Property Details for 263-265 South 10th Street

Style
3 Family
Sub style
Top/Btm
Waterfront
None
Garage
Detached, Park Space

Location

Listing Courtesy of Village Square Realtors, Demetrios Grammatikos; Village Square Realtors, Gregg Nicholas
Add your commute
LISTING UPDATED: 05/01/2024 06:49 PM

Property Details for 263-265 South 10th Street

StatusUnder Contract
MLS #24010932
Days on Market19
Taxes$7,452 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3 Family
Year Built-
Lot Size0.11 AC / 5,001 SF
CountyEssex County

Location

Listing Courtesy of Village Square Realtors, Demetrios Grammatikos; Village Square Realtors, Gregg Nicholas
Add your commute

Building Information for 263-265 South 10th Street

Stories-Residences-Year Built-Building Size-Lot Size0.11 AC / 5,001 SF

Payment Calculator

$4,381 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,760

Property Taxes

$621

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 263-265 South 10th Street

Summary
Location and General Information
  • Area: 0714
  • Area name: Newark
  • Flood plain: None
  • Street Name: 10th
  • County Name: ESSEX
  • Status: UNDER CONTRACT
  • Street Direction: South
  • Zip Code: 07103
Taxes and HOA Information
  • Tax: $7,452
Owner
  • Ownership: Private
Property
Lot Information
  • Lot size: 5001.0
  • Lot: 00018
  • Year Built: Pre 1900
  • Views exposure: None
  • Lot Description: Regular
  • Miscellaneous: Intercom
  • Block: 01796
Property and Assessments
  • Photo: Y
  • Photo Number: 34
Utilities
  • Sewer: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Heatcool: Baseboard, Gas, Hot Water
  • Cooling Type: Baseboard, Gas, Hot Water
Interior and Exterior Features
Interior Features
  • Bedrooms: 11
  • Baths full: 6
  • Baths partial: 0
  • Floor 1St: 3 Bedrooms & 2 Baths
  • Floor 2Nd: 4 Bedrooms & 2 Baths
  • Floor 3Rd: 4 Bedrooms & 2 Baths
  • Basement: Unfinished
  • Basement Description: Unfinished
  • Number of rooms: 17
  • Laundry: In Unit
  • Lifestyle: None
  • Full Baths Total: 6
  • Num of Baths: 6.0
Exterior Features
  • Fireplace: None
Agent
Sale and Listing Information
  • Search Class: 2to4
  • List Price: $689,000.00
  • Listing Date: 04-12-2024
  • Pending Date: 05-01-2024
  • Status Date: 05-01-2024
Showing Information
  • Internet Remarks: Well-maintained and spacious 3 unit multi-family with great potential for rental income! Close proximity to schools and transportation makes it attractive to potential tenants. Each unit has separate utilities. The inclusion of stackable washer/dryers in the first and third-floor units is a convenient feature for tenants. 1 hot water tank for unit #2 and 2 tankless water heaters for units #1 & #3. 3 gas meters & 3 electrical meters. A 4th electric meter for common area electric. New aluminum roof coating and chimney stack in 2017.
Rental
Rental Information
  • Floor Lease 2Nd: 2/28/2025

Property History for 263-265 South 10th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 263-265 South 10th Street

Taxable ValueLand$29,400Additions$170,500Total$199,900
Tax Record2022$7,468 ($622 / month)
Home Facts
Beds0Total Finished SqFt3,750 SqFtAbove Grade Finished SqFt3,750 SqFtStories3Lot Size5,001 SqFtStyleSingle Family ResidenceYear Built1897CountyESSEXAPN14 01796-0000-00018

Schools near 263-265 South 10th Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - PK to 8
Rating
School
Distance
Thirteenth Avenue Elementary School
PublicPK to 8

Bard Early College High School
Public9 to 12

Chancellor Avenue Elementary School
PublicK to 8

Mount Vernon 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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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 Village Square Realtors, Demetrios Grammatikos; Village Square Realtors, Gregg Nicholas

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 05/04/2024 12:19 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.