48 1/2 3rd Street

Newark, NJ 07107

$550,000
Price
6
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to your new investment opportunity, two family home in the heart of Newark, just moments away from University Heights! This charming two-family house boasts LOW TAXES and a prime location, making it an ideal choice for savvy buyers. The first floor offers a comfortable living arrangement with two spacious bedrooms, a cozy living-dining room area, and a convenient full bathroom. Upstairs, the second floor impresses with its expansive living room and dining area, perfect for hosting gatherings...Welcome to your new investment opportunity, two family home in the heart of Newark, just moments away from University Heights! This charming two-family house boasts LOW TAXES and a prime location, making it an ideal choice for savvy buyers. The first floor offers a comfortable living arrangement with two spacious bedrooms, a cozy living-dining room area, and a convenient full bathroom. Upstairs, the second floor impresses with its expansive living room and dining area, perfect for hosting gatherings or relaxing in style. With four massive bedrooms, this floor provides ample space for everyone to enjoy. Plus, its proximity to all public transportation options ensures easy access to the city's amenities and attractions. Don't miss out on this opportunity to own a piece of Newark's thriving community " schedule your showing today!
  1. Listed by Ami Y. Cruz • EXP Realty, LLC • (866) 201-6210

Property Details for 48 1/2 3rd Street

Style
2 Family
Sub style
Other
Waterfront
None
Garage
O/See Remk

Location

Listing Courtesy of EXP Realty, LLC, Ami Y. Cruz
Add your commute
LISTING UPDATED: 05/06/2024 02:11 PM

Property Details for 48 1/2 3rd Street

StatusActive
MLS #24012298
Days on Market13
Taxes$5,793 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2 Family
Year Built-
Lot Size0.04 AC / 1,525 SF
CountyEssex County

Location

Listing Courtesy of EXP Realty, LLC, Ami Y. Cruz
Add your commute

Building Information for 48 1/2 3rd Street

Stories-Residences-Year Built-Building Size-Lot Size0.04 AC / 1,525 SF

Payment Calculator

$3,484 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,002

Property Taxes

$483

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 48 1/2 3rd Street

Summary
Location and General Information
  • Area: 0714
  • Area name: Newark
  • Flood plain: None
  • Street Name: 3rd
  • County Name: ESSEX
  • Status: ACTIVE
  • Zip Code: 07107
Taxes and HOA Information
  • Tax: $5,793
Owner
  • Ownership: Private
Property
Lot Information
  • Lot size: 1525.0
  • Lot: 00017
  • Year Built: 1900-1939
  • Views exposure: None
  • Lot Description: Regular
  • Miscellaneous: None
  • Block: 01877
Property and Assessments
  • Photo: Y
  • Photo Number: 24
  • CourtAppYN: No
Utilities
  • Sewer: Municipal
  • Utilities: O/See Rmks
  • Heatcool: Gas, O/See Remk
  • Cooling Type: Gas, O/See Remk
Interior and Exterior Features
Interior Features
  • Bedrooms: 6
  • Baths full: 3
  • Baths partial: 0
  • Floor 1St: Bedrooms, Kitchen, Living/Dining Room
  • Floor 2Nd: Bedrooms, Kitchen, Living/Dining Room
  • Basement: Unfinished
  • Number of rooms: 12
  • Laundry: None
  • Lifestyle: None
  • Full Baths Total: 3
  • Num of Baths: 3.0
Exterior Features
  • Fireplace: None
Agent
Sale and Listing Information
  • Search Class: 2to4
  • List Price: $550,000.00
  • Listing Date: 04-24-2024
  • Status Date: 04-24-2024
Showing Information
  • Internet Remarks: Welcome to your new investment opportunity, two family home in the heart of Newark, just moments away from University Heights! This charming two-family house boasts LOW TAXES and a prime location, making it an ideal choice for savvy buyers. The first floor offers a comfortable living arrangement with two spacious bedrooms, a cozy living-dining room area, and a convenient full bathroom. Upstairs, the second floor impresses with its expansive living room and dining area, perfect for hosting gatherings or relaxing in style. With four massive bedrooms, this floor provides ample space for everyone to enjoy. Plus, its proximity to all public transportation options ensures easy access to the city's amenities and attractions. Don't miss out on this opportunity to own a piece of Newark's thriving community " schedule your showing today!

Property History for 48 1/2 3rd 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 48 1/2 3rd Street

Taxable ValueLand$18,600Additions$136,800Total$155,400
Tax Record2022$5,806 ($484 / month)
Home Facts
Beds0Total Finished SqFt2,800 SqFtAbove Grade Finished SqFt2,800 SqFtLot Size1,525 SqFtStyleSingle Family ResidenceYear Built1920CountyESSEXAPN14 01877-0000-00017

Schools near 48 1/2 3rd Street

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 1
Public - PK to 8
Rating
School
Distance
Sussex Avenue Elementary School
PublicPK to 8

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

Sir Isaac Newton Elementary School
PublicPK to 1

Camden Street 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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48 1/2 3rd Street is a multi-family home for sale in Newark, NJ 07107. This property was listed for sale on April 24, 2024 by EXP Realty, LLC, it's currently listed at $550,000. This listing's school district is The Newark Public School District. Nearby schools include Sussex Avenue Elementary School, Barringer Academy Of S.T.E.A.M. and Sir Isaac Newton Elementary School. 48 1/2 3rd Street is a 6-bed, 3-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 EXP Realty, LLC, Ami Y. Cruz

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 05/09/2024 07:08 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.