98 11th Avenue West, Unit 3

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. Back on the market! Buyer could not perform.
  1. Listed by RUSSELL JOHNSON • UNITED REAL ESTATE

Property Details for 98 11th Avenue West, Unit 3

Directions
Central Ave.to S. 10th Street to 11th Ave.
Days On Market
180

Location

Add your commute
LISTING UPDATED: 11/03/2023 03:02 AM

Property Details for 98 11th Avenue West, Unit 3

StatusSold
MLS #3758817
Days on Market180
Taxes$6,745 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1892
Lot Size0.07 AC / 3,049 SF
CountyEssex County

Location

Add your commute

Building Information for 98 11th Avenue West, Unit 3

Stories-Residences3Year Built1892Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$3,782 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,220

Property Taxes

$562

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 98 11th Avenue West, Unit 3

Summary
Location and General Information
  • Building #: 1
  • Active Days on Market: 180
  • Renovated Year: 2018
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 1813
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Unit #: 3
  • Street # Display: 98.0
  • # Parking Spaces: 0
  • County Or Parish: Essex
  • Street Name: 11Th Ave
  • Zip Code: 07107-1414
  • 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: $6,745
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 177500.0
  • Tax ID For Property: 1614-01813-0000-00003-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year: 2020
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: On-Street Parking
Property
Lot Information
  • Lot Identifier: 3
  • Approximate Lot Size: 29X100
  • Total Acres: 0.07
  • Construction Date/Year Built: 1892
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 145700.0
  • Assessment Land: 31800.0
  • Farm Assessment: No
Utilities
  • Cooling: Window A/C(s)
  • Services: Cable TV Available, Garbage Included
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 3 Units, Forced Hot Air
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding
Interior Features
  • Interior Features: Wood Floors
  • Roof Description: Flat
  • Basement: Yes
  • Basement Description: Full, Unfinished, Walkout
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Range/Oven - Gas, Refrigerator, 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: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 1500.0
  • Unit 1 Room Description: Bedrooms, Kitchen, Living Room, Master Bedroom
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 1465.0
  • Unit 1 Sq Ft: 1100.0
Unit 2 Information
  • Unit 2 Appl/Equip: Range/Oven - Gas, Refrigerator, Smoke Detector
  • 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: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 1550.0
  • Unit 2 Room Description: Bedrooms, Kitchen, Living Room, Master Bedroom
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 1175.0
Unit 3 Information
  • Unit 3 Appl/Equip: Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 3
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 1550.0
  • Unit 3 Room Description: Bedrooms, Kitchen, Living Room, Master Bedroom
  • Unit 3 Rooms: 5.0
  • Unit 3 Security Deposit: 1450.0
  • Unit 3 Sq Ft: 1175.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Expenses Include: Insurance, Maintenance, Taxes
  • Net Operating Income: $.00
  • Gross Operating Income: $.00
Rental
Rental Information
  • Home Warranty: false

Property History for 98 11th Avenue West, Unit 3

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 98 11th Avenue West, Unit 3

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Chancellor Avenue Elementary School
PublicK to 8

Weequahic High School
Public9 to 12

Mount Vernon Elementary School
PublicPK to 8

George Washington Carver 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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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 04/18/2024 09:28 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.