521 North 5th Street

Newark, NJ 07107

$603,000
Last Sold Price
6
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Strategically located, fully occupied 3 unit prop in one of the most coveted neighborhoods in Nwk. All tenants are m to m. 2 Blocks away from well known Branch Brook Park & all major highways. Rare great opportunity with this unique, one of a kind turn key 3 unit property. Located in one of the best parts of town, offering an extra wide lot, perfect for your outdoor entertaining , or just endless opportunities (currently generating extra money as parking spaces). All separate utilities. Upper unit...Strategically located, fully occupied 3 unit prop in one of the most coveted neighborhoods in Nwk. All tenants are m to m. 2 Blocks away from well known Branch Brook Park & all major highways. Rare great opportunity with this unique, one of a kind turn key 3 unit property. Located in one of the best parts of town, offering an extra wide lot, perfect for your outdoor entertaining , or just endless opportunities (currently generating extra money as parking spaces). All separate utilities. Upper unit runs on HVAC, new furnaces, siding, new windows throughout and many more updates to list.
  1. Listed by RUBEN CUNAS • LIVING NEW JERSEY REALTY

Property Details for 521 North 5th Street

Directions
MAPQUEST
Days On Market
28

Location

Add your commute
LISTING UPDATED: 04/20/2022 03:02 AM

Property Details for 521 North 5th Street

StatusSold
MLS #3691674
Days on Market28
Taxes$10,522 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size0.15 AC / 6,534 SF
CountyEssex County

Location

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Building Information for 521 North 5th Street

Stories-Residences3Year Built1900Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$4,168 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,291

Property Taxes

$877

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 521 North 5th Street

Summary
Location and General Information
  • Active Days on Market: 28
  • Renovated Year: 2015
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 1970
  • Listing Type: Exclusive Right to Sell
  • Color of Building: Beige
  • # Parking Spaces: 10
  • County Or Parish: Essex
  • Street Name: N 5th St
  • Zip Code: 07107-2417
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $10,522
  • Street name Tax: *
  • Zip Code Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 276900.0
  • Tax ID For Property: 1614-01970-0000-00034-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year: 2020
  • Tax Year Tax: *
  • Lot ID Tax: *
Parking
  • Parking/Driveway Description: 2 Car Width, Additional Parking, Assigned, Concrete, Off-Street Parking, Parking Lot-Exclusive
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 34
  • Approximate Lot Size: 65.2 X 100
  • Total Acres: 0.15
  • Construction Date/Year Built: 1900
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 239400.0
  • Assessment Land: 37500.0
  • Farm Assessment: No
Utilities
  • Cooling: See Remarks
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 3 Units, See Remarks
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Privacy Fence, See Remarks, Storage Shed
Interior Features
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
  • 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: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 999.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Utility Room
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 999.0
  • Unit 1 Sq Ft: 999.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • 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: 999.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Utility Room
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 999.0
  • Unit 2 Sq Ft: 999.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 1
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 999.0
  • Unit 3 Room Description: Attic, Bedrooms, Eat-In Kitchen, Living Room
  • Unit 3 Rooms: 3.0
  • Unit 3 Security Deposit: 999.0
  • Unit 3 Sq Ft: 999.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $9,999.00
  • Expenses Include: See Remarks
  • Net Operating Income: $9,999.00
  • Gross Operating Income: $9,999.00
Rental
Rental Information
  • Home Warranty: false

Property History for 521 North 5th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 521 North 5th 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 8
Public - K to 8
Rating
School
Distance
New Park School
PublicPK to 8

Newark Innovation Academy
Public9 to 12

Elliott Street Elementary School
PublicPK to 8

Ridge Street 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.

Neighborhood Map and Transit

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 LIVING NEW JERSEY REALTY, RUBEN CUNAS

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 04/26/2024 08:34 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.