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285 Weequahic Ave

Newark City, NJ 07112
  • $389,000
  • STATUS: Active Under Contract
  • ON SITE: 112 Days
  • MLS #: 3879238
Under Contract
$389,000
  • 5
    BEDS
  • 0.09
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:
Area:

School Ratings & Info

Description

This is a 1-family investment opportunity in Newark that needs city approvals from the city of Newark to convert into a 2-family home. Fully framed and ready for completing your final touches. Once done; this property will have a good amount of equity since renovated homes go above $600k.Can Features a 2 bed / 1 bath on the first floor & a 3 bed / 1 bath duplex on the 2nd floor to make a Master suite. Includes an unfinished basement + private driveway with garage. New roof and windows replaced Close commute to NYC, Newark airport, highways, and public transportation also Weequahic Park, schools, and Newark Beth Israel hospital. This home Won't last!

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-04-03T23:46:29.553.
www.williamhagangroup.com/homes/146247342
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285 Weequahic Ave Newark City, NJ 07112

  • Price: $389,000
  • Status: Active Under Contract
  • On Site: 112 Days
  • MLS #: 3879238
5
Beds
2
Baths
0
½ Baths
0.09
Acres
County:
Essex
Area:
Newark City
Property Description
This is a 1-family investment opportunity in Newark that needs city approvals from the city of Newark to convert into a 2-family home. Fully framed and ready for completing your final touches. Once done; this property will have a good amount of equity since renovated homes go above $600k.Can Features a 2 bed / 1 bath on the first floor & a 3 bed / 1 bath duplex on the 2nd floor to make a Master suite. Includes an unfinished basement + private driveway with garage. New roof and windows replaced Close commute to NYC, Newark airport, highways, and public transportation also Weequahic Park, schools, and Newark Beth Israel hospital. This home Won't last!
Exterior Features

Approximate Lot Size 40X100 Exterior Description Vinyl Siding Garage Description Detached Garage Lot Description Level Lot Number Of Parking Spaces 3 Parking Driveway Description 1 Car Width Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullUnfinished Cooling None Heating 1 Unit Total Number Of Rooms 13 Unit1 Appliances Equipment RefrigeratorSee Remarks Unit1 Baths 2.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomFamily RoomKitchenLiving Room Unit1 Rooms 7 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment RefrigeratorSee Remarks Unit2 Baths 2.0 Unit2 Bedrooms 4 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsDining RoomFamily RoomKitchenLiving Room Unit2 Rooms 7 Unit2 Sq Ft 0

Property Features

Assessment Total 126000 Building Assessment 107000 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 19000 Net Operating Income 0 Sewer Public Sewer Tax Amount 4707 Tax Rate Amount 3.736 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 0 Unit Style 2-Two Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 0 Unit2 Security Deposit 0 Utilities All Underground Water Public Water Year Built Description Unknown

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc: 973-441-6350.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-04-03T23:46:29.553.
 
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