502 Irvine Turner Boulevard

Newark, NJ 07108

$399,000
Last Sold Price
3
Beds
1
Bath
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Amazing location close proximity to 78. A well maintained two-unit property with a long standing successful grocery store as a tenant on the first floor paying $1550/month. 3br on the 3nd floor is completely renovated and ready for a new owner to move in to or put up for rent. Market rent for 3br is $2100/month. Great for owner occupant, house hacker, or investor. Enjoy all the benefits of owning a multi-unit property. Cash Flow, Appreciation, Depreciation, Tax Write Offs, and More! Turn-Key! Potential...Amazing location close proximity to 78. A well maintained two-unit property with a long standing successful grocery store as a tenant on the first floor paying $1550/month. 3br on the 3nd floor is completely renovated and ready for a new owner to move in to or put up for rent. Market rent for 3br is $2100/month. Great for owner occupant, house hacker, or investor. Enjoy all the benefits of owning a multi-unit property. Cash Flow, Appreciation, Depreciation, Tax Write Offs, and More! Turn-Key! Potential for putting your own business on first floor as well.
  1. Listed by MICHELLE PAIS • SIGNATURE REALTY NJ

Property Details for 502 Irvine Turner Boulevard

Directions
W. Runyon to Irvine Turner Blvd on minute from 78
Days On Market
49

Location

Add your commute
LISTING UPDATED: 08/27/2023 03:03 AM

Property Details for 502 Irvine Turner Boulevard

StatusSold
MLS #3775382
Days on Market49
Taxes$9,180 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built9999
Lot Size0.05 AC / 2,178 SF
CountyEssex County

Location

Add your commute

Building Information for 502 Irvine Turner Boulevard

Stories-Residences2Year Built9999Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$2,943 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,178

Property Taxes

$765

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 502 Irvine Turner Boulevard

Summary
Location and General Information
  • Active Days on Market: 49
  • Renovated Year: 2022
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 2702
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 502.0
  • # Parking Spaces: 0
  • County Or Parish: Essex
  • Street Name: Irvine Turner Blvd
  • Zip Code: 07108-2465
  • 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: $9,180
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 208600.0
  • Tax ID For Property: 1614-02702-0000-00022-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year: 2021
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: On-Street Parking
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Identifier: 22
  • Approximate Lot Size: 18.10X125
  • Total Acres: 0.05
  • Construction Date/Year Built: 9999
  • Construction Date/Year Built Des: Approximate, Renovated
Property and Assessments
  • Assessment Bldg: 186900.0
  • Assessment Land: 21700.0
Utilities
  • Cooling: Central Air
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Heating: 2 Units, Forced Hot Air
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick, Cinder Block, Vinyl Siding
Interior Features
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, See Remarks, Smoke Detector
  • Roof Description: Asphalt Shingle, Flat
  • Basement: Yes
  • Basement Description: Bilco-Style Door
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 0
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 1550.0
  • Unit 1 Room Description: See Remarks
  • Unit 1 Rooms: 1.0
  • Unit 1 Security Deposit: 9999.0
  • Unit 1 Sq Ft: 9999.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Refrigerator
  • 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: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 2100.0
  • Unit 2 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living/Dining Room, See Remarks
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 2100.0
  • Unit 2 Sq Ft: 9999.0
Income & Expenses Information
  • Total Operating Expense: $9,999.00
  • Net Operating Income: $9,999.00
  • Gross Operating Income: $9,999.00

Property History for 502 Irvine Turner Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 502 Irvine Turner Boulevard

Taxable ValueLand$21,700Additions$186,900Total$208,600
Tax Record2022$7,793 ($649 / month)
Home Facts
Stories2Lot Size2,261 SqFtStyleMiscellaneous CommercialCountyESSEXAPN14 02702-0000-00022

Schools near 502 Irvine Turner Boulevard

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.

Similar Homes

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Similar Sold Homes

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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 SIGNATURE REALTY NJ, MICHELLE PAIS

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 05/08/2024 08:36 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.