$525,000

324 W Runyon St #0

Newark City NJ, 07108

Description

Take a look at this large and well-maintained 6 family investment property. It features upgraded electrical and plumbing, 6 separate heating and hot water units, modern kitchens and bathrooms. Apt 1-L - $772/mo. (5-rooms, 2-bedrooms), Apt 1-R - $800/mo. (6-rooms, 3-bedrooms), Apt 2-L - $788/mo. (5-rooms, 2-bedrooms), Apt 2-R - $850/mo. (6-rooms, 3-bedrooms), Apt 3-L - $788/mo. (5-rooms, 2-bedrooms), Apt 3-R - $850/mo. (6-rooms, 3-bedrooms). Finished basement with plenty of storage (right side), utility room and storage (left side). Parking for 5 cars. 33 total rooms, Gross Income - 58,176/yr. Total expenses - $17,844/yr. (est.). (Insurance - $4,800/yr., Water/Sewer - $3,000/yr., Taxes - $10,044/yr.).

Details

MLS#3601798
StyleIndustrial
Sub-TypeResale
StatusActive
Year0
Days On Site24

Features

Story(s)3
Units6
ZoningResidential

Additional Information

Annual Tax Amount10044
Assesed Tax Valuation272000
Tax ID3.693
Tax Rate2018

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Area Information

StateNJ
CountyEssex
CityNewark City
Zip Code07108
AreaEssex
Listing VS Median (in 07108)
Price:
$525,000
low | high
Med:
$251,000
100% of Average
On Site:
24
low | high
Med:
155
15.483870967742% of Average
Listing Updated: 12/11/2019
MLS Number: 3601798
Listing Provided By:
JOHNSON OTIS  of  ROSA AGENCY