280 Pomona Avenue

Newark, NJ 07112

$557,000
Last Sold Price
7
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investment opportunity! Fully rented out money generating property. If you are looking for additional income - look no further, as you have found it! The property is located on a quiet residential dead and street in Weequahic area of Newark near St Peters Park. Well maintained building. Go see it today and make it your own! The property currently has three paying tenants, see unit breakdowns for more information. Motivated sellerInvestment opportunity! Fully rented out money generating property. If you are looking for additional income - look no further, as you have found it! The property is located on a quiet residential dead and street in Weequahic area of Newark near St Peters Park. Well maintained building. Go see it today and make it your own! The property currently has three paying tenants, see unit breakdowns for more information. Motivated seller
  1. Listed by RACHELE JEANLOUIS • HOMEQUEST REALTY GROUP LLC

Property Details for 280 Pomona Avenue

Directions
Off Aldine St
Days On Market
240

Location

Add your commute
LISTING UPDATED: 01/20/2024 02:16 PM

Property Details for 280 Pomona Avenue

StatusSold
MLS #3842054
Days on Market240
Taxes$11,333 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1925
Lot Size0.09 AC / 3,920 SF
CountyEssex County

Location

Add your commute

Building Information for 280 Pomona Avenue

Stories-Residences2Year Built1925Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$3,984 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,040

Property Taxes

$944

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 280 Pomona Avenue

Summary
Location and General Information
  • Active Days on Market: 233
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 3718
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 280.0
  • # Parking Spaces: 0
  • County Or Parish: Essex
  • Street Name: Pomona Ave
  • Zip Code: 07112-3570
  • 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: $11,333
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Assessment Total: 303500.0
  • Tax ID For Property: 1614-03718-0000-00007-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2022
  • Tax Year: 2022
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: On-Street Parking
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Identifier: 7
  • Approximate Lot Size: 40X102
  • Total Acres: 0.09
  • Construction Date/Year Built: 1925
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 283500.0
  • Assessment Land: 20000.0
Utilities
  • Cooling: No Cool
  • Utilities: Gas-Natural
  • Water: Public Water
  • Heating: 3 Units
  • 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: Unfinished
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: See Remarks
  • 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: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 1 Rent: 1900.0
  • Unit 1 Room Description: Bedrooms, Kitchen, Living Room, Master Bedroom, See Remarks
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: See Remarks
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 2 Rent: 1900.0
  • Unit 2 Room Description: Bedrooms, Kitchen, Living Room, Master Bedroom, See Remarks
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: See Remarks
  • Unit 3 Baths: 0.0
  • Unit 3 Bedrooms: 1
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 3 Rent: 1030.0
  • Unit 3 Room Description: Bedrooms, Living Room, See Remarks
  • Unit 3 Rooms: 2.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $400.00
  • Net Operating Income: $4,430.00
  • Gross Operating Income: $4,830.00

Property History for 280 Pomona Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 280 Pomona Avenue

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

Technology High School
Public9 to 12

Speedway Academies
PublicK 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.

Neighborhood Map and Transit

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 HOMEQUEST REALTY GROUP LLC, RACHELE JEANLOUIS

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 05/10/2024 09:30 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.