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170 Mapes Ave

Newark City, NJ 07112
  • $529,000
  • STATUS: Active
  • ON SITE: 13 days
  • ID#: 3728092
UPDATED: 48 min ago
$529,000
  • 10
    BEDS
  • 0.08
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1927
County:
Area:

School Ratings & Info

Description

Two blocks from Beth Israel hospital, centrally located in Weequahic section of Newark near highways, shopping, schools, and public transportation. Low Taxes! Large turn-key 3 family cash cow awaits you! Live rent free or perfect for investor! Second floor is vacant with 4 bedrooms for your convenience. Previous tenant paid $1700. First Third floor has low rent and has potential for upside. Driveway and backyard recently black topped. Second floor rent was previous tenant rent. Gross profit is based on all three units occuppied.

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© 2021 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 Daunno Realty Services, LLC. 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 Daunno Realty Services, LLC 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 2021-07-31T10:46:58.137.
www.daunnorealty.com/homes/119425324
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170 Mapes Ave Newark City, NJ 07112

  • Price: $529,000
  • Status: Active
  • Updated: 48 min ago
  • ID#: 3728092
10
Beds
3
Baths
0
½ Baths
0.08
Acres
1927
Built
County:
Essex
Area:
Newark City
Property Description
Two blocks from Beth Israel hospital, centrally located in Weequahic section of Newark near highways, shopping, schools, and public transportation. Low Taxes! Large turn-key 3 family cash cow awaits you! Live rent free or perfect for investor! Second floor is vacant with 4 bedrooms for your convenience. Previous tenant paid $1700. First Third floor has low rent and has potential for upside. Driveway and backyard recently black topped. Second floor rent was previous tenant rent. Gross profit is based on all three units occuppied.
Exterior Features

Approximate Lot Size 35X100 Exterior Description Aluminum Siding Number Of Parking Spaces 2 Parking Driveway Description 1 Car WidthBlacktop Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullUnfinished Cooling Wall A/C Unit(S) Heating 3 UnitsBaseboard - Hotwater Total Number Of Rooms 16 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 4 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving RoomPantry Unit1 Rooms 6 Unit1 Security Deposit 1600 Unit1 Sq Ft 9999 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 4 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenLiving RoomPantry Unit2 Rooms 6 Unit2 Sq Ft 9999 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description BedroomsEat-In KitchenLiving Room Unit3 Rooms 4 Unit3 Sq Ft 9999

Property Features

Assessment Total 125000 Building Assessment 96200 Easement No Expenses Include Cold WaterElectricInsuranceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 49200 Land Assessment 28800 Net Operating Income 35800 Renovated Year 2020 Sewer Public Sewer Tax Amount 6987 Tax Rate Amount 3.800 Tax Rate Year 2020 Tax Year 2020 Total Operating Expense 13400 Unit Style 3-Three Story Unit1 Lease Expiration 2020-12-31 Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1600 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1700 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Lease Expiration 2020-12-31 Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 800 Unit3 Security Deposit 0 Utilities Gas-Natural Water Public Water Year Built Description Renovated

Listing information © 2021 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Coldwell Banker Realty Fle.


© 2021 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 Daunno Realty Services, LLC. 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 Daunno Realty Services, LLC 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 2021-07-31T10:46:58.137.
 
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Daunno Realty Services, LLC
206 Westfield Avenue
Clark NJ, 07066