Address
972-974 Bergen St Newark City, NJ
Price
$ 749,000
Property Attributes
  • ID#3753613
  • TypeCommercial
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • Zip07112
  • StyleMixedUse
  • Year Built1930
  • Taxes$ 17396
  • Price$ 749,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms5
  • Sqr Footage4749
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
AMERICA'S ELITE GROUP LLC.
Data Source:
Garden State MLS (GSMLS)
Property Description

Investment Property generating an 8% cap rate. 4 Fully occupied apartments, 1 storefront and 3 garages all bringing in an income of $7,150 a month and still has room to generate even more more! The entire property including exterior was renovated in 2018 and all units are with separate utilities and same finishes. Great location, close to buses, trains and all major highways for easy access to Newark airport or NYC.

Price History
11/26/2021 Listed $749,000

General Features

Basement Full, Walkout
Construction See Remarks
Cooling Window A/C(s)
Drive Off-Street Parking
Garage Spaces 3
Heating 4+ Units, Forced Hot Air
Num Apts 4
Property Type Mixed Use
Property Type MixedUse
Roof Flat
Sewer Public Sewer
Tax Annual Amount 17396
Total Units 5
Town # 1614
Township Newark City
Utilities Gas-Natural
Zoning CMU

Interior Features

Fuel Type Gas-Natural
Num 1 Bdrm Units 1
Num 3 Bdrm Units 2
Num 4 Bed Units 1
Num Units W/full Bath 4

Exterior Features

Building Area Total 5499
Exterior Description Aluminum
Lot Dimensions 49.10X90.5
Lot Features Corner
Max Ceiling Height 8
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 07112

Price
AVG $480K
$750K
Taxes
AVG $11,334
$17,396
Visits
AVG 29
35
Year Built
AVG 1936
1930
Walkscore
AVG 75
76
Data Provided by Walkscore ® not using MLS data

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