40-42 Treacy Avenue

Newark, NJ 07108

$685,000
Price
9
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Money making multi family home in Newark! This legal multi family home features a very spacious attic which can be rented with unit 2 making these 6 bedrooms 2 bathrooms. Unit 1 features 3 bedrooms, 1 bathroom, kitchen and dining area. Unit 1 and Unit 2 have two separate entrance/exits. Attic unit has a separate entrance providing privacy and space. This home is very spacious and a money maker for sure! Basement has ample space which can be finished, currently used as storage but with lots of potential....Money making multi family home in Newark! This legal multi family home features a very spacious attic which can be rented with unit 2 making these 6 bedrooms 2 bathrooms. Unit 1 features 3 bedrooms, 1 bathroom, kitchen and dining area. Unit 1 and Unit 2 have two separate entrance/exits. Attic unit has a separate entrance providing privacy and space. This home is very spacious and a money maker for sure! Basement has ample space which can be finished, currently used as storage but with lots of potential. House has been recently renovated and upgraded making this home move in ready for anyone looking to live in one unit and rent out the others or simply use as an investment property for a savvy investor looking to add another home to their portfolio. This home features a private driveway with a nice size backyard. Ample size bedrooms and a very spacious home providing lots of privacy and potential to finish the basement to add more potential rental income. Close to everything!
  1. Listed by Rosa Gonzalez-Kennedy • Real • (855) 450-0442

Property Details for 40-42 Treacy Avenue

Style
2 Family
Sub style
Top/Btm
Waterfront
None
Garage
O/See Remk, Park Space

Location

Listing Courtesy of Real, Rosa Gonzalez-Kennedy
Add your commute
LISTING UPDATED: 05/01/2024 05:14 PM

Property Details for 40-42 Treacy Avenue

StatusUnder Contract
MLS #23037843
Days on Market133
Taxes$9,153 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2 Family
Year Built-
Lot Size0.09 AC / 4,108 SF
CountyEssex County

Location

Listing Courtesy of Real, Rosa Gonzalez-Kennedy
Add your commute

Building Information for 40-42 Treacy Avenue

Stories-Residences-Year Built-Building Size-Lot Size0.09 AC / 4,108 SF

Payment Calculator

$4,501 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,738

Property Taxes

$763

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 40-42 Treacy Avenue

Summary
Location and General Information
  • Area: 0714
  • Area name: Newark
  • Flood plain: None
  • Street Name: Treacy
  • County Name: ESSEX
  • Status: UNDER CONTRACT
  • Zip Code: 07108
Taxes and HOA Information
  • Tax: $9,153
Owner
  • Ownership: Bank
Property
Lot Information
  • Lot size: 4108.0
  • Lot: 00045
  • Year Built: 1900-1939
  • Views exposure: None
  • Lot Description: Regular
  • Miscellaneous: None
  • Block: 02655
Property and Assessments
  • Photo: Y
  • Photo Number: 40
Utilities
  • Sewer: Municipal
  • Utilities: O/See Rmks, Sep Elec, Sep Gas, Sep Heat
  • Heatcool: Gas
  • Cooling Type: Gas
Interior and Exterior Features
Interior Features
  • Bedrooms: 9
  • Baths full: 3
  • Baths partial: 0
  • Floor 1St: owner
  • Floor 2Nd: tenant
  • Floor 3Rd: attic
  • Basement: Full, Unfinished
  • Basement Description: unfished walk out
  • Number of rooms: 18
  • Laundry: Basement, Hook Ups
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans
  • Full Baths Total: 3
  • Num of Baths: 3.0
Exterior Features
  • Fireplace: None
Agent
Sale and Listing Information
  • Search Class: 2to4
  • List Price: $685,000.00
  • Listing Date: 12-20-2023
  • Pending Date: 05-01-2024
  • Status Date: 05-01-2024
Showing Information
  • Internet Remarks: Money making multi family home in Newark! This legal multi family home features a very spacious attic which can be rented with unit 2 making these 6 bedrooms 2 bathrooms. Unit 1 features 3 bedrooms, 1 bathroom, kitchen and dining area. Unit 1 and Unit 2 have two separate entrance/exits. Attic unit has a separate entrance providing privacy and space. This home is very spacious and a money maker for sure! Basement has ample space which can be finished, currently used as storage but with lots of potential. House has been recently renovated and upgraded making this home move in ready for anyone looking to live in one unit and rent out the others or simply use as an investment property for a savvy investor looking to add another home to their portfolio. This home features a private driveway with a nice size backyard. Ample size bedrooms and a very spacious home providing lots of privacy and potential to finish the basement to add more potential rental income. Close to everything!
Rental
Rental Information
  • Floor Lease 1St: mtm

Property History for 40-42 Treacy 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 40-42 Treacy Avenue

Taxable ValueLand$13,300Additions$231,700Total$245,000
Tax Record2022$9,153 ($763 / month)
Home Facts
Beds0Total Finished SqFt2,690 SqFtAbove Grade Finished SqFt2,690 SqFtStories3Lot Size4,108 SqFtStyleSingle Family ResidenceYear Built1910CountyESSEXAPN14 02655-0000-00045

Schools near 40-42 Treacy 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
Mount Vernon Elementary School
PublicPK to 8

Technology High School
Public9 to 12

Lincoln Elementary School
PublicPK to 8

Ivy Hill 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 Real, Rosa Gonzalez-Kennedy

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 05/02/2024 02:20 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.