$1,200,000
$1,100,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
5 Baths
4,791 Sqft Lot
SOLD DATE : 05/15/2024
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Multiple Buildings
Listing Status Sold
Purchase Type For Sale
Municipality Newark (NEW)
MLS Listing ID 22407836
Sold Date 05/15/24
Bedrooms 8
Full Baths 5
Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)
Year Built 1941
Annual Tax Amount $12,699
Tax Year 2022
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50 x 100
Property Description
Rare Gem in Ironbound, Newark NJ: Two Buildings, One Extraordinary Opportunity! Unparalleled investment potential owning a triplex with three 2 bedroom and 1 bath units, the ground-level unit opens up to a fully finished basement, complete with an additional kitchen, bedroom, and full bath, setting the stage for lucrative rental possibilities. Adjacent to the triplex is a modern masterpiece: a single-family home crafted with precision just a decade ago. Revel in the luxury of two oversized bedrooms, boasting custom closets with built-in shelving, and two full baths designed for indulgence and relaxation. Parking headaches? Not here. With ample space in the rear and two detached garages, your tenants will thank you for the convenience. Don't let this one slip away, book your tour today.
Location
State NJ
County Essex
Area None
Direction GSP N to 142A; Interstate 78E toward NJ Turnpike; Slight right on Newark ramp, merge onto I-78 E to exit 58B for US 1/9N; Merge onto US 1 to Delancy Street exit; take Stockton and Rome Avenue to Main Street.
Rooms
Basement Finished, Slab
Interior
Interior Features Attic - Pull Down Strs
Cooling Multi Units
Flooring Wood, Vinyl, Ceramic Tile
Exterior
Parking Features See Remarks, Detached
Garage Spaces 2.0
Roof Type Shingle,Flat
Garage No
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 14-02046-0000-00016
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Bought with Keller Williams by the Bay