746-758 South 14th Street
746-758 South 14th Street
Listed By Compass
Listed By Compass
Description
Listing Agents
![Samantha Palazzolo-Perini]()
samantha.palazzoloperini@compass.comP: 201.394.7042
![Wil Parkerson]()
wilparkerson@compass.comP: 201.362.2432
Property Details for 746-758 South 14th Street
Location
Property Details for 746-758 South 14th Street
| Status | Active |
|---|---|
| MLS # | 24015437 |
| Days on Market | 15 |
| Taxes | $92,727 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Mixed Use |
| MLS Type | Mixed Use / 5+Family |
| Year Built | - |
| Lot Size | - |
| County | Essex County |
Location
Building Information for 746-758 South 14th Street
Payment Calculator
$75,945 per month
30 year fixed, 7.25% Interest
$68,218
$7,727
$0
Property Information for 746-758 South 14th Street
- Area: 0714
- Area name: Newark
- Directions: South 14th street between Woodlawn and Avon
- Street Name: 14th
- County Name: ESSEX
- Status: ACTIVE
- Street Direction: South
- Zip Code: 07104
- Easements: NA
- Tax: $92,727
- Parking Spaces: 26
- Additional parking: YES
- Lot: 00037
- Year Built: New Construction-New Foundation
- Propertype ro: A/C, Munincipal Water, Sewer
- Land sqft: 29656.0
- Block: 02633
- Photo: Y
- Photo Number: 22
- CourtAppYN: No
- Ceiling high: 9.0
- Number Of Stories: 3
- Full Baths Total: 0
- Num of Baths: 0.0
- Roof: Flat
- Construction: NEW
- No of studios: 0
- No of Common units: 38
- No1 Bedroom units: 10
- No2 Bedroom units: 15
- No3 Bedroom units: 13
- Gross Income: $921,222.00
- Net Income: $744,116.00
- Gross expenses: $177,106.00
- Search Class: MIX
- List Price: $12,500,000.00
- Listing Date: 05-17-2024
- Status Date: 05-17-2024
- Internet Remarks: Calling all Investors! 746 S 14th Street located on Newark's West side is now being offered at $12.5M for purchase. This new construction 38 unit apartment complex consists of 3 stand alone buildings comprised of 1, 2 and 3 bedroom units. The building has 8 affordable units at 80% AMI. Completed in 2024, the complex offers 26 Parking Spots and sits on .68 Acres. The property has a 30 year tax pilot at fixed 10% and a 30 year rent control waiver. Cap rate is 6% and NOI $744,106.
- Owner pays: Common Area, Water
Property History for 746-758 South 14th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 746-758 South 14th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 8 | |||
| Public - | 7 to 12 | |||
| Public - | PK to 8 | |||
| Public - | PK to 8 |
Rating | School | Distance |
|---|---|---|
South Seventeenth Street Elementary School PublicK to 8 | ||
University High School Public7 to 12 | ||
Hawthorne Avenue Elementary School PublicPK to 8 | ||
Belmont-Runyon 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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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 06/01/2024 04:43 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.