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34 Cedar Avenue

Newark City, NJ 07106
  • $549,000
  • STATUS: Active Under Contract
  • ON SITE: 72 Days
  • MLS #: 3823863
Under Contract
$549,000
  • 8
    BEDS
  • 0.09
    ACRES
  • 3
    BATHS
  • 2
    1/2 BATHS
Type:
Multi-Family
Built:
1918
County:
Area:

School Ratings & Info

Description

Don't miss this wonderful opportunity to own an income generating 3 family home in the Vailsburg neighborhood of Newark. The units feature modern kitchens and spacious rooms. The 1st & 2nd floors have 3 bedrooms + 1.5 bathrooms. The 3rd floor has 2 bedrooms and 1 full bathroom. The 2nd floor unit is currently vacant, while the other two units have month to month leases with good rental income. Move-in to the 2nd floor yourself or rent it out as solely an investment property. Convenient to transportation, NJT East Orange, South Orange and Mountain Avenue stations all within a 10 min drive. PLEASE DO NOT DISTURB 1ST & 3RD FLOOR TENANTS

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Garden State MLS logo © 2023 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 2023-03-23T23:46:56.653.
www.williamhagangroup.com/homes/135955823
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34 Cedar Avenue Newark City, NJ 07106

  • Price: $549,000
  • Status: Active Under Contract
  • On Site: 72 Days
  • MLS #: 3823863
8
Beds
3
Baths
2
½ Baths
0.09
Acres
1918
Built
County:
Essex
Area:
Newark City
Property Description
Don't miss this wonderful opportunity to own an income generating 3 family home in the Vailsburg neighborhood of Newark. The units feature modern kitchens and spacious rooms. The 1st & 2nd floors have 3 bedrooms + 1.5 bathrooms. The 3rd floor has 2 bedrooms and 1 full bathroom. The 2nd floor unit is currently vacant, while the other two units have month to month leases with good rental income. Move-in to the 2nd floor yourself or rent it out as solely an investment property. Convenient to transportation, NJT East Orange, South Orange and Mountain Avenue stations all within a 10 min drive. PLEASE DO NOT DISTURB 1ST & 3RD FLOOR TENANTS
Exterior Features

Approximate Lot Size 37.6X100 Exterior Description Wood Garage Description Detached Garage Number Of Parking Spaces 4 Parking Driveway Description Blacktop Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Full Cooling None Heating 3 Units Total Number Of Rooms 14 Unit1 Appliances Equipment Range/Oven - GasRefrigerator Unit1 Baths 1.5 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving Room Unit1 Rooms 5 Unit1 Security Deposit 1850 Unit1 Sq Ft 0 Unit2 Appliances Equipment Range/Oven - GasRefrigerator Unit2 Baths 1.5 Unit2 Bedrooms 3 Unit2 Fireplaces 1 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenLiving Room Unit2 Rooms 5 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description BedroomsKitchenLiving Room Unit3 Rooms 4 Unit3 Sq Ft 0

Property Features

Assessment Total 159700 Building Assessment 146900 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 12800 Net Operating Income 0 Sewer Public Sewer Tax Amount 5966 Tax Rate Amount 3.736 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Lease Expiration 2022-12-22 Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1850 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 0 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1324 Unit3 Security Deposit 1324 Utilities ElectricGas-Natural Water Public Water Year Built Description Approximate

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Weichert Realtors: 973-746-1515.


Garden State MLS logo © 2023 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 2023-03-23T23:46:56.653.
 
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910 1st Ave
Asbury Park NJ, 07712