98 11th Avenue West

Newark, NJ 07107

$590,000
Last Sold Price
9
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Invest in newark! Take advantage of this renovated legal three family home with great income potential. This well maintained multi-family home offers you three apartments with a living room, kitchen, three bedrooms, and one full bath in each unit. Separate utilities, forced air heating, hardwood floors, a large backyard that can be accessed by all three apartments, and LOW TAXES. Located minutes from Rutgers New Jersey Medical School, Rutgers School of Dental Medicine, University Hospital, NJIT,...Invest in newark! Take advantage of this renovated legal three family home with great income potential. This well maintained multi-family home offers you three apartments with a living room, kitchen, three bedrooms, and one full bath in each unit. Separate utilities, forced air heating, hardwood floors, a large backyard that can be accessed by all three apartments, and LOW TAXES. Located minutes from Rutgers New Jersey Medical School, Rutgers School of Dental Medicine, University Hospital, NJIT, Essex County College and Rutgers University Newark. Conveniently located close to shopping, schools, all major highways, and public transportation. Currently fully occupied, all tenants are on month-to-month leases, and rents are below market. This is the turnkey real estate investment opportunity that you've been looking for, with room for growth.
  1. Listed by Russell Johnson • United Real Estate • (888) 501-6953

Property Details for 98 11th Avenue West

Style
3 Family
Sub style
Other
Waterfront
None
Garage
None

Location

Add your commute
LISTING UPDATED: 11/20/2022 08:26 AM

Property Details for 98 11th Avenue West

StatusSold
MLS #22001316
Days on Market179
Taxes$6,675 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3 Family
Year Built-
Lot Size0.07 AC / 2,901 SF
CountyEssex County

Location

Add your commute

Building Information for 98 11th Avenue West

Stories-Residences-Year Built-Building Size-Lot Size0.07 AC / 2,901 SF

Payment Calculator

$3,776 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,220

Property Taxes

$556

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 98 11th Avenue West

Summary
Location and General Information
  • Area: 0714
  • Area name: Newark
  • Flood plain: None
  • Street Name: 11th
  • County Name: ESSEX
  • Status: SOLD
  • Street Number Numeric: 98
  • Zip Code: 07107
Taxes and HOA Information
  • Tax: $6,675
Owner
  • Ownership: Private
Property
Lot Information
  • Lot size: 2901.0
  • Lot: 00003
  • Year Built: Pre 1900
  • Views exposure: None
  • Lot Description: Regular
  • Miscellaneous: Hdwd As In
  • Block: 01813
Property and Assessments
  • Photo: Y
  • Photo Number: 14
Utilities
  • Sewer: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat, Sep Water
  • Heatcool: Gas, Hot Air
  • Cooling Type: Gas, Hot Air
Interior and Exterior Features
Interior Features
  • Bedrooms: 9
  • Baths full: 3
  • Baths partial: 0
  • Number of rooms: 15
  • Laundry: None
  • Lifestyle: Close/School, Close/Shopg
  • Full Baths Total: 3
  • Num of Baths: 3.0
Exterior Features
  • Fireplace: None
Agent
Sale and Listing Information
  • Search Class: 2to4
  • List Price: $595,000.00
  • Listing Date: 01-12-2022
  • Pending Date: 07-11-2022
  • Close Date: 11-18-2022
  • Status Date: 11-18-2022
  • Sale Price: $590,000
Showing Information
  • Internet Remarks: INVEST IN NEWARK!! Take advantage of this renovated legal three family home with great income potential. This well maintained multi-family home offers you three apartments with a living room, kitchen, three bedrooms, and one full bath in each unit. Separate utilities, forced air heating, hardwood floors, a large backyard that can be accessed by all three apartments, and LOW TAXES. Located minutes from Rutgers New Jersey Medical School, Rutgers School of Dental Medicine, University Hospital, NJIT, Essex County College and Rutgers University Newark. Conveniently located close to shopping, schools, all major highways, and public transportation. Currently fully occupied, all tenants are on month-to-month leases, and rents are below market. This is the turnkey real estate investment opportunity that you've been looking for, with room for growth.

Property History for 98 11th Avenue West

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 98 11th Avenue West

Taxable ValueLand$10,600Additions$48,600Total$59,200
Home Facts
Total Finished SqFt3,436 SqFtAbove Grade Finished SqFt3,436 SqFtStories3Lot Size2,901 SqFtStyleGovernmental / Public UseYear Built1892CountyESSEXAPN14 01813-0000-00003-0000-X

Schools near 98 11th Avenue West

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - K to 8
Rating
School
Distance
Louise A. Spencer Elementary School
PublicPK to 8

Newark Innovation Academy
Public9 to 12

South Seventeenth Street Elementary School
PublicK to 8

Speedway Academies
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 United Real Estate, Russell Johnson

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 05/07/2024 08:38 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.