61 Brookdale Avenue

Newark, NJ 07106

$660,000
Last Sold Price
6
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Back On Market! Legal 3 Family Property. 4 LIVING UNITS! Cash cow! Check out this updated 4 unit property located in the Vailsburg section of Newark. Potential to generate more than $7k+ a month in gross rental income! Utilities are updated including central air and heat. Tenants are current and on time. Minimal maintenance/updates required! On the 1st Floor Unit 1A & 1B are 1 bedroom. On the 2nd Floor Unit 2A & 2B are 2 bedrooms. Unit 2A is vacant and under renovation. Will be done by closing. Turnkey...Back On Market! Legal 3 Family Property. 4 LIVING UNITS! Cash cow! Check out this updated 4 unit property located in the Vailsburg section of Newark. Potential to generate more than $7k+ a month in gross rental income! Utilities are updated including central air and heat. Tenants are current and on time. Minimal maintenance/updates required! On the 1st Floor Unit 1A & 1B are 1 bedroom. On the 2nd Floor Unit 2A & 2B are 2 bedrooms. Unit 2A is vacant and under renovation. Will be done by closing. Turnkey investment opportunity. HUGE unfinished basement with 3 rooms ready to be finished for another $2k worth of income bringing the total potential gross income to $8k+ a month! Close to shops, restaurants, schools, public transportation, and places of worship. Seller may allow a credit to help buyer buy down points for a better interest rate. Seller will also allow seller's concession towards closing costs. Refer to local tax assessor.
  1. Listed by JOHNNY WOLF JEAN PIERRE • EXP REALTY, LLC

Property Details for 61 Brookdale Avenue

Directions
Refer to Google Maps.
Days On Market
109

Location

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LISTING UPDATED: 11/03/2023 03:10 PM

Property Details for 61 Brookdale Avenue

StatusSold
MLS #3846925
Days on Market109
Taxes$6,839 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeFourplex
MLS TypeMulti Family
Year Built1920
Lot Size0.12 AC / 5,227 SF
CountyEssex County

Location

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Building Information for 61 Brookdale Avenue

Stories-Residences4Year Built1920Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$4,172 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,602

Property Taxes

$570

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 61 Brookdale Avenue

Summary
Location and General Information
  • Active Days on Market: 95
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 4065
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 61.0
  • # Parking Spaces: 4
  • County Or Parish: Essex
  • Street Name: Brookdale Ave
  • Zip Code: 07106-1813
  • Total Units: 4
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $6,839
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Assessment Total: 309000.0
  • Tax ID For Property: 1614-04065-0000-00063-0000-
  • 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: 2 Car Width
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Identifier: 63
  • Approximate Lot Size: 50X100
  • Total Acres: 0.12
  • Construction Date/Year Built: 1920
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 289600.0
  • Assessment Land: 19400.0
Utilities
  • Cooling: 4 Units, Central Air
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 4 Units
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Interior Features: Carbon Monoxide Detector, Security System, Smoke Detector
  • Roof Description: Flat
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Security System, See Remarks, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 1
  • 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: 1250.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
  • Unit 1 Rooms: 4.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Security System, See Remarks, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 1
  • 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: 1200.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
  • Unit 2 Rooms: 4.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Security System, See Remarks, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 2.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 1700.0
  • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
  • Unit 3 Rooms: 5.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 0.0
Unit 4 Information
  • Unit 4 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Security System, See Remarks, Smoke Detector
  • Unit 4 Baths: 1.0
  • Unit 4 Bedrooms: 2
  • Unit 4 Fireplaces: 0.0
  • Unit 4 Handicap Modified: No
  • Unit 4 Levels: 2.0
  • Unit 4 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 4 Rent: 0.0
  • Unit 4 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
  • Unit 4 Rooms: 5.0
  • Unit 4 Security Deposit: 0.0
  • Unit 4 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: Fourplex
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 61 Brookdale Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 61 Brookdale Avenue

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 12
Public - K to 8
Public - PK to 8
Rating
School
Distance
Lincoln Elementary School
PublicPK to 8

Newark Early College High School
Public6 to 12

Speedway Academies
PublicK 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 EXP REALTY, LLC, JOHNNY WOLF JEAN PIERRE

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 04/16/2024 01:26 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.