Address
161-167 N 7Th St Newark City, NJ
Price
$ 975,000
Property Attributes
  • ML#3670750
  • TypeCommercial
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • Zip07107
  • StyleApartment Complex
  • Year Built1910
  • Taxes9880
  • Price$ 975,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms6
  • Lot Size9,583 SqFt
Listing Provided Courtesy Of:
EXIT REALTY URBAN LIVING
Property Description

This property is a 14 room- rooming house, 3 private bathrooms, and 3 shared bathrooms. Total of 6 bathrooms. Value add to new operator/owner This property is a 14 room- rooming house, 3 private bathrooms, and 3 shared bathrooms. Total of 6 bathrooms. Value add to new operator/owner. Property is licensed, stabilized, and managed. Value add would be to self manage, increase rents, or change the structure of tenants. Estimated income of $100K, while the estimated expenses are around $40K

Price History
10/9/2020 Listed $975,000

General Features

Construction Brick/Block
Cooling Window A/C(s)
Drive 1 Car Width, Blacktop
Heating 1 Unit, Radiators - Hot Water
Num Apts 14
Roof Rubberized
Sewer Public Available
Tax Annual Amount 9880
Total Units 14
Township Newark City
Utilities All Underground
Zoning 4A-Commercial

Interior Features

Basement Finished, Full, Walkout
Fuel Type Gas-Natural
Num Units W/full Bath 3

Exterior Features

Exterior Description Aluminum, Brick
Lot Dimensions 93.7X100
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 07107

Price
AVG $680K
$980K
Taxes
AVG $11,206
$9,880
Visits
AVG 50
17
Year Built
AVG 1933
1910
Walkscore
AVG 81
82
Data Provided by Walkscore ® not using MLS data

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