453-455 Washington Street

Newark, NJ 07102

$974,900
Price
7
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Incredible investment opportunity in the heart of Newark, where a major development boom is driving real estate prices upward. This spacious three-family property features large apartments, each boasting over 1,500 sq ft of living space. Additionally, the property includes a two-car garage and plenty of parking, adding to its appeal. Enjoy stable cash flow with long-term tenants and unlock even greater potential with short-term rentals like Airbnb, thanks to its prime location just 10 minutes from...Incredible investment opportunity in the heart of Newark, where a major development boom is driving real estate prices upward. This spacious three-family property features large apartments, each boasting over 1,500 sq ft of living space. Additionally, the property includes a two-car garage and plenty of parking, adding to its appeal. Enjoy stable cash flow with long-term tenants and unlock even greater potential with short-term rentals like Airbnb, thanks to its prime location just 10 minutes from Newark Liberty International Airport. Benefit from Newark's rapid transformation with new businesses, cultural spots, and infrastructure projects revitalizing the area.
  1. Listed by Carlie Carreira • EXP Realty, LLC • (866) 201-6210

Property Details for 453-455 Washington Street

Style
3 Family
Sub style
Top/Btm
Waterfront
None
Garage
Attached

Location

Listing Courtesy of EXP Realty, LLC, Carlie Carreira
Add your commute
LISTING UPDATED: 05/30/2024 11:17 AM

Property Details for 453-455 Washington Street

StatusActive
MLS #24014995
Days on Market15
Taxes$17,611 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3 Family
Year Built-
Lot Size0.10 AC / 4,334 SF
CountyEssex County

Location

Listing Courtesy of EXP Realty, LLC, Carlie Carreira
Add your commute

Building Information for 453-455 Washington Street

Stories-Residences-Year Built-Building Size-Lot Size0.10 AC / 4,334 SF

Payment Calculator

$6,788 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,320

Property Taxes

$1,468

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 453-455 Washington Street

Summary
Location and General Information
  • Area: 0714
  • Area name: Newark
  • Flood plain: None
  • Street Name: Washington
  • County Name: ESSEX
  • Status: ACTIVE
  • Zip Code: 07102
Taxes and HOA Information
  • Tax: $17,611
Owner
  • Ownership: Private
Property
Lot Information
  • Lot size: 4334.0
  • Lot: 00019
  • Year Built: 2010's
  • Views exposure: None
  • Lot Description: Regular
  • Miscellaneous: None
  • Block: 00115
Property and Assessments
  • Photo: Y
  • Photo Number: 18
  • CourtAppYN: No
Utilities
  • Sewer: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat, Sep Water
  • Heatcool: Gas
  • Cooling Type: Gas
Interior and Exterior Features
Interior Features
  • Bedrooms: 7
  • Baths full: 5
  • Baths partial: 0
  • Basement: None
  • Number of rooms: 16
  • Laundry: In Unit
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Full Baths Total: 5
  • Num of Baths: 5.0
Exterior Features
  • Fireplace: None
Agent
Sale and Listing Information
  • Search Class: 2to4
  • List Price: $974,900.00
  • Listing Date: 05-15-2024
  • Status Date: 05-15-2024
Showing Information
  • Internet Remarks: Incredible investment opportunity in the heart of Newark, where a major development boom is driving real estate prices upward. This spacious three-family property features large apartments, each boasting over 1,500 sq ft of living space. Additionally, the property includes a two-car garage and plenty of parking, adding to its appeal.Enjoy stable cash flow with long-term tenants and unlock even greater potential with short-term rentals like Airbnb, thanks to its prime location just 10 minutes from Newark Liberty International Airport. Benefit from Newark's rapid transformation with new businesses, cultural spots, and infrastructure projects revitalizing the area.

Property History for 453-455 Washington Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 453-455 Washington Street

Taxable ValueLand$151,200Additions$321,200Total$472,400
Home Facts
Total Finished SqFt4,037 SqFtAbove Grade Finished SqFt4,037 SqFtLot Size4,334 SqFtStyleGovernmental / Public UseYear Built2018CountyESSEXAPN14 00115-0000-00019

Schools near 453-455 Washington Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Quitman Street School
PublicPK to 8

Arts High School
Public9 to 12

South Street Elementary School
PublicPK to 8

Oliver Street Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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453-455 Washington Street is a multi-family home for sale in Newark, NJ 07102. This property was listed for sale on May 15, 2024 by EXP Realty, LLC, it's currently listed at $974,900. It has been on the market for a total of 15 days and was last sold on October 5, 2018. This listing's school district is The Newark Public School District. Nearby schools include Quitman Street School, Arts High School and South Street Elementary School. 453-455 Washington Street is a 7-bed, 5-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, LLC, Carlie Carreira

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 06/02/2024 03:04 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.