28-30 St James Place

Newark, NJ 07112

$650,000
Price
9
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

EXCELLENT INVESTMENT OPPORTUNITY - Turn Key and fully rented in sought after Weequohic Section, this large 4-family with LOW TAXES is an astute choice for those seeking a solid return on investment. All 4 units include large living rooms, eat-in kitchens, sizable bedrooms, and high ceilings. Fully separate utilities. (PLEASE NOTE- current rents are below market value) Private driveway to large backyard for parking or recreational use. Updates include beautiful new entrance foyer and flooring throughout...EXCELLENT INVESTMENT OPPORTUNITY - Turn Key and fully rented in sought after Weequohic Section, this large 4-family with LOW TAXES is an astute choice for those seeking a solid return on investment. All 4 units include large living rooms, eat-in kitchens, sizable bedrooms, and high ceilings. Fully separate utilities. (PLEASE NOTE- current rents are below market value) Private driveway to large backyard for parking or recreational use. Updates include beautiful new entrance foyer and flooring throughout hallways (2023), 4 newer furnaces (2021), new chimney liner (2022), sewer line completely replaced with PVC from basement to street. Only 2 blocks or .4 miles to Beth Israel Hospital, 3.5 miles to Seton Hall University and Whole Foods, walking distance to bus terminal with connections to Newark Penn Station, Newark Airport and NYC Port Authority, very close to shops, restaurants, houses of worship.
  1. Listed by Beverley Gaudio • Coldwell Banker, Kinnelon/Butler • (973) 838-9300

Property Details for 28-30 St James Place

Style
4 Family
Sub style
Top/Btm
Waterfront
None
Garage
None

Location

Listing Courtesy of Coldwell Banker, Kinnelon/Butler, Beverley Gaudio
Add your commute
LISTING UPDATED: 05/06/2024 03:59 PM

Property Details for 28-30 St James Place

StatusActive
MLS #24011168
Days on Market23
Taxes$8,693 / 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 Coldwell Banker, Kinnelon/Butler, Beverley Gaudio
Add your commute

Building Information for 28-30 St James Place

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

Payment Calculator

$4,272 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$724

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 28-30 St James Place

Summary
Location and General Information
  • Area: 0714
  • Area name: Newark
  • Flood plain: None
  • Street Name: Saint James
  • County Name: ESSEX
  • Status: ACTIVE
  • Zip Code: 07112
Taxes and HOA Information
  • Tax: $8,693
Owner
  • Ownership: Private
Property
Lot Information
  • Lot size: 5001.0
  • Lot: 00002
  • Year Built: 1900-1939
  • Views exposure: None
  • Lot Description: Regular
  • Miscellaneous: Hdwd As In, Skylights, Strms/Scrns
  • Block: 03052
Property and Assessments
  • Photo: Y
  • Photo Number: 19
  • CourtAppYN: No
Utilities
  • Sewer: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Heatcool: Gas, Radiators
  • Cooling Type: Gas, Radiators
Interior and Exterior Features
Interior Features
  • Bedrooms: 9
  • Baths full: 4
  • Baths partial: 0
  • Ground Floor: 2 BR/ 1BTH/ Kitchen/ Living Room
  • Floor 1St: 2 BR/ 1BTH/ Kitchen/ Living Room
  • Floor 2Nd: 2 BR/ 1BTH/ Kitchen/ Living Room
  • Floor 3Rd: 3 BR/ 1BTH/ Kitchen/ Living Room
  • Basement: Full, Grd Lv Acces, Unfinished
  • Basement Description: Full Unfinished w/ outside access
  • Number of rooms: 17
  • Laundry: None
  • Lifestyle: Close/Parks, Close/School, Close/Trans, Close/Wrshp
  • Full Baths Total: 4
  • Num of Baths: 4.0
Exterior Features
  • Fireplace: None
Agent
Sale and Listing Information
  • Search Class: 2to4
  • List Price: $650,000.00
  • Listing Date: 04-15-2024
  • Status Date: 05-06-2024
Showing Information
  • Internet Remarks: EXCELLENT INVESTMENT OPPORTUNITY - Turn Key and fully rented in sought after Weequohic Section, this large 4-family with LOW TAXES is an astute choice for those seeking a solid return on investment. All 4 units include large living rooms, eat-in kitchens, sizable bedrooms, and high ceilings. Fully separate utilities. (PLEASE NOTE- current rents are below market value) Private driveway to large backyard for parking or recreational use. Updates include beautiful new entrance foyer and flooring throughout hallways (2023), 4 newer furnaces (2021), new chimney liner (2022), sewer line completely replaced with PVC from basement to street. Only 2 blocks or .4 miles to Beth Israel Hospital, 3.5 miles to Seton Hall University and Whole Foods, walking distance to bus terminal with connections to Newark Penn Station, Newark Airport and NYC Port Authority, very close to shops, restaurants, houses of worship.
Rental
Rental Information
  • Ground Floor Lease: month to month
  • Floor Lease 1St: month to month
  • Floor Lease 2Nd: month to month
  • Floor Lease 3Rd: month to month

Property History for 28-30 St James Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 28-30 St James Place

Taxable ValueLand$30,600Additions$202,600Total$233,200
Tax Record2020$8,861 ($738 / month)
Home Facts
Beds0Total Finished SqFt3,672 SqFtAbove Grade Finished SqFt3,672 SqFtStories2Lot Size5,001 SqFtStyleSingle Family ResidenceYear Built1930CountyESSEXAPN1403052000000002

Schools near 28-30 St James Place

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 - K to 8
Rating
School
Distance
George Washington Carver Elementary School
PublicPK to 8

Weequahic High School
Public9 to 12

Hawthorne Avenue Elementary School
PublicPK to 8

Chancellor Avenue Elementary School
PublicK 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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28-30 St James Place is a multi-family home for sale in Newark, NJ 07112. This property was listed for sale on April 15, 2024 by Coldwell Banker, Kinnelon/Butler, it's currently listed at $650,000. This listing's school district is The Newark Public School District. Nearby schools include George Washington Carver Elementary School, Weequahic High School and Hawthorne Avenue Elementary School. 28-30 St James Place is a 9-bed, 4-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 Coldwell Banker, Kinnelon/Butler, Beverley Gaudio

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 05/07/2024 04:54 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.