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287 N 10th St

Newark City, NJ 07107
  • $1,199,000
  • STATUS: Active Under Contract
  • ON SITE: 129 Days
  • ID#: 3940062
Under Contract
UPDATED: 34 min ago
$1,199,000
  • 12
    BEDS
  • 0.06
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1957
County:
Area:

School Ratings & Info

Description

Investor's Dream! This spacious multifamily home features 2 floors, each with 2 identical units, all offering 3 bedrooms and 1 full bath. The consistent layout across all 4 units maximizes rental potential and ensures versatility. Situated in an unbeatable location with convenient access to public transportation, healthcare facilities, public amenities, and nearby outdoor activities, this property is perfect for both seasoned and new investors. Don't miss this incredible opportunity to own a high-performing income-generating property!**The legal address for this property is 93 Davenport Ave, Newark, NJ 07107, according to the tax records**

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Garden State MLS logo © 2025 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 2025-05-16T13:47:10.7.
www.daunnorealty.com/homes/159213554
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287 N 10th St Newark City, NJ 07107

  • Price: $1,199,000
  • Status: Active Under Contract
  • On Site: 129 Days
  • Updated: 34 min ago
  • ID#: 3940062
12
Beds
4
Baths
0
½ Baths
0.06
Acres
1957
Built
County:
Essex
Area:
Newark City
Property Description
Investor's Dream! This spacious multifamily home features 2 floors, each with 2 identical units, all offering 3 bedrooms and 1 full bath. The consistent layout across all 4 units maximizes rental potential and ensures versatility. Situated in an unbeatable location with convenient access to public transportation, healthcare facilities, public amenities, and nearby outdoor activities, this property is perfect for both seasoned and new investors. Don't miss this incredible opportunity to own a high-performing income-generating property!**The legal address for this property is 93 Davenport Ave, Newark, NJ 07107, according to the tax records**
Exterior Features

Approximate Lot Size 25X100 Exterior Description Brick Garage Description Detached Garage Lot Description Level Lot Number Of Parking Spaces 4 Parking Driveway Description See Remarks Roof Description See Remarks

Interior Features

Basement Yes Basement Description Unfinished Cooling Ceiling FanSee Remarks Heating Forced Hot Air Interior Features BlindsVinyl-Linoleum FloorsWindow TreatmentsWood Floors Total Number Of Rooms 16 Unit1 Appliances Equipment Range/Oven - GasSee Remarks Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsKitchenLiving/Dining RoomMaster BedroomSee Remarks Unit1 Rooms 4 Unit1 Security Deposit 3450 Unit1 Sq Ft 900 Unit2 Appliances Equipment Range/Oven - GasSee Remarks Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsKitchenLiving/Dining RoomMaster BedroomSee Remarks Unit2 Rooms 4 Unit2 Sq Ft 900 Unit3 Baths 1.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 2 Unit3 Room Description BedroomsKitchenLiving/Dining RoomMaster BedroomSee Remarks Unit3 Rooms 4 Unit3 Sq Ft 900 Unit4 Appliances Equipment Range/Oven - GasSee Remarks Unit4 Baths 1.0 Unit4 Bedrooms 3 Unit4 Fireplaces 0 Unit4 Levels 1 Unit4 Room Description BedroomsKitchenLiving/Dining RoomMaster BedroomSee Remarks Unit4 Rooms 4 Unit4 Sq Ft 900

Property Features

Assessment Total 250000 Building Assessment 202500 Easement Unknown Expenses Include Electric Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 81600 Land Assessment 47500 Net Operating Income 68600 Sewer Public Sewer Tax Amount 9507 Tax Rate Amount 3.728 Tax Rate Year 2024 Tax Year 2023 Total Operating Expense 13000 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 2300 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 2300 Unit2 Security Deposit 3450 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 2400 Unit3 Security Deposit 3600 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit4 Rent 0 Unit4 Security Deposit 0 Utilities Electric Water Public Water Year Built Description Approximate

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc: 908-913-8708.


Garden State MLS logo © 2025 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 2025-05-16T13:47:10.7.
 
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Clark NJ, 07066