277-279 North 5th Street

Newark, NJ 07107

$850,000
Price
9
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to 277 N 5th Street #279, a spacious 4-unit property located in North Newark. This multi-family's interior living space spans more than 3,500 square feet. The partially finished basement runs the width of the entire building and offers the possibility of two additional rental units complimented by two full bathrooms. Three units feature a sunroom, a living room, two bedrooms, a full bathroom, and an eat-in kitchen. The fourth unit features a sunroom, a living room, three bedrooms, a full...Welcome to 277 N 5th Street #279, a spacious 4-unit property located in North Newark. This multi-family's interior living space spans more than 3,500 square feet. The partially finished basement runs the width of the entire building and offers the possibility of two additional rental units complimented by two full bathrooms. Three units feature a sunroom, a living room, two bedrooms, a full bathroom, and an eat-in kitchen. The fourth unit features a sunroom, a living room, three bedrooms, a full bathroom and an eat-in kitchen. The building's 5,001 square foot lot showcases a private driveway that leads to three detached garages in the back of the property. The lot has room for parking more than 3 additional vehicles in the back. This property is located just one block from the light rail and a few minutes from Newark Penn Station. With endless income opportunities this property is an investor's dream. Book your tour today!
  1. Listed by Gennifer Stribling • RE/MAX Villa Realtors-North Bergen • (201) 868-3100

Property Details for 277-279 North 5th Street

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

Location

Listing Courtesy of RE/MAX Villa Realtors-North Bergen, Gennifer Stribling
Add your commute
LISTING UPDATED: 04/27/2024 09:54 AM

Property Details for 277-279 North 5th Street

StatusActive
MLS #24003737
Days on Market88
Taxes$15,889 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 4 Family
Year Built-
Lot Size0.11 AC / 5,001 SF
CountyEssex County

Location

Listing Courtesy of RE/MAX Villa Realtors-North Bergen, Gennifer Stribling
Add your commute

Building Information for 277-279 North 5th Street

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

Payment Calculator

$5,963 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$1,324

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 277-279 North 5th Street

Summary
Location and General Information
  • Area: 0714
  • Area name: Newark
  • Flood plain: None
  • Street Name: 5th
  • County Name: ESSEX
  • Status: ACTIVE
  • Street Direction: North
  • Zip Code: 07107
Taxes and HOA Information
  • Tax: $15,889
Owner
  • Ownership: Private
Property
Lot Information
  • Lot size: 5001.0
  • Lot: 00046
  • Year Built: 1900-1939
  • Views exposure: None
  • Lot Description: Regular
  • Miscellaneous: Security
  • Block: 01932
Property and Assessments
  • Photo: Y
  • Photo Number: 34
  • CourtAppYN: No
Utilities
  • Sewer: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat, Sep Water
  • Heatcool: Gas, Radiators
  • Cooling Type: Gas, Radiators
Interior and Exterior Features
Interior Features
  • Bedrooms: 9
  • Baths full: 6
  • Baths partial: 0
  • Ground Floor: LR,SR,BR,BTH,EIK,BR,BR
  • Floor 1St: LR,SR,BR,BTH,EIK,BR
  • Floor 2Nd: LR,SR,BR,BTH,EIK,BR
  • Floor 3Rd: LR,SR,BR,BTH,EIK,BR
  • Basement: Finished, Full, Grd Lv Acces
  • Number of rooms: 25
  • Laundry: Basement, Coin/Card
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, One Floor Living
  • Full Baths Total: 6
  • Num of Baths: 6.0
Exterior Features
  • Fireplace: None
Agent
Sale and Listing Information
  • Item Not Included: All personal items.
  • Items Included: All appliances and fixtures.
  • Search Class: 2to4
  • List Price: $850,000.00
  • Listing Date: 02-01-2024
  • Status Date: 02-07-2024
Showing Information
  • Internet Remarks: Welcome to 277 N 5th Street #279, a spacious 4-unit property located in North Newark. This multi-family's interior living space spans more than 3,500 square feet. The partially finished basement runs the width of the entire building and offers the possibility of two additional rental units complimented by two full bathrooms. Three units feature a sunroom, a living room, two bedrooms, a full bathroom, and an eat-in kitchen. The fourth unit features a sunroom, a living room, three bedrooms, a full bathroom and an eat-in kitchen. The building's 5,001 square foot lot showcases a private driveway that leads to three detached garages in the back of the property. The lot has room for parking more than 3 additional vehicles in the back. This property is located just one block from the light rail and a few minutes from Newark Penn Station. With endless income opportunities this property is an investor's dream. Book your tour today!

Property History for 277-279 North 5th 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 277-279 North 5th Street

Taxable ValueLand$21,900Additions$403,400Total$425,300
Tax Record2022$15,889 ($1,324 / month)
Home Facts
Beds0Total Finished SqFt3,672 SqFtAbove Grade Finished SqFt3,672 SqFtStories2Lot Size5,001 SqFtStyleSingle Family ResidenceYear Built1928CountyESSEXAPN14 01932-0000-00046

Schools near 277-279 North 5th Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Roberto Clemente Elementary School
PublicPK to 6

First Avenue Elementary School
PublicPK to 8

Barringer Academy Of S.T.E.A.M.
Public9 to 12

Salome Urena Elementary School
PublicPK to 6

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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277-279 North 5th Street is a multi-family home for sale in Newark, NJ 07107. This property was listed for sale on February 1, 2024 by RE/MAX Villa Realtors-North Bergen, it's currently listed at $850,000. It has been on the market for a total of 88 days and was last sold on June 12, 2020. This listing's school district is The Newark Public School District. Nearby schools include Roberto Clemente Elementary School, First Avenue Elementary School and Barringer Academy Of S.T.E.A.M.. 277-279 North 5th Street is a 9-bed, 6-bath, multi-family home.

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 RE/MAX Villa Realtors-North Bergen, Gennifer Stribling

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 04/29/2024 01:25 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.