101 Highland Avenue

Newark, NJ 07104

$655,000
Price
7
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to your dream investment opportunity in the heart of Newark, NJ! This beautifully renovated two-family home boasts modern amenities, ample living space, and a prime location. Whether you're an investor looking for a lucrative rental property or a homeowner seeking additional rental income, this property is perfect for you. Key Features: First Unit: - 2spacious bedrooms- 2 full bathrooms- Open-concept living and dining area- Modern kitchen with stainless steel appliances and granite countertops-...Welcome to your dream investment opportunity in the heart of Newark, NJ! This beautifully renovated two-family home boasts modern amenities, ample living space, and a prime location. Whether you're an investor looking for a lucrative rental property or a homeowner seeking additional rental income, this property is perfect for you. Key Features: First Unit: - 2spacious bedrooms- 2 full bathrooms- Open-concept living and dining area- Modern kitchen with stainless steel appliances and granite countertops- Hardwood floors throughout- Access to a finished basement, perfect for additional living space or storage Second Unit: - 4 generously sized bedrooms- 3 full bathrooms- Bright and airy living room- Updated kitchen with high-end finishes- Hardwood floors throughout- Access to a finished attic, ideal for a home office, playroom, or extra bedroomBasement ? 1 bedroom ? 1 full bath ? Spacious basement ? Kitchenette ? Basement has seperate entrance for tenant access
  1. Listed by CHRISTOPHER CLARK • CORNERSTONE REALTY ASSOCIATES

Property Details for 101 Highland Avenue

Directions
Right Off 280
Days On Market
91
LISTING UPDATED: 10/08/2024 04:11 PM

Property Details for 101 Highland Avenue

StatusActive
MLS #3912451
Days on Market147
Taxes$8,716 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built9999
Lot Size0.06 AC / 2,613 SF
CountyEssex County

Building Information for 101 Highland Avenue

Stories-Residences2Year Built9999Building Size-Lot Size0.06 AC / 2,613 SF

Property Information for 101 Highland Avenue

Summary
Location and General Information
  • Active Days on Market: 74
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 538
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 101.0
  • # Parking Spaces: 0
  • County Or Parish: Essex
  • Street Name: Highland Ave
  • Zip Code: 07104-5713
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $8,716
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 233800.0
  • Tax ID For Property: 1614-00538-0000-00050-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: On-Street Parking, See Remarks
Property
Lot Information
  • Lot Identifier: 50
  • Approximate Lot Size: 24X100
  • Total Acres: 0.06
  • Construction Date/Year Built: 9999
Property and Assessments
  • Assessment Bldg: 212800.0
  • Assessment Land: 21000.0
Utilities
  • Cooling: See Remarks
  • Utilities: See Remarks
  • Water: See Remarks
  • Heating: See Remarks
  • Fuel Type: See Remarks
  • Sewer: See Remarks
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding, See Remarks
  • Exterior Features: See Remarks
Interior Features
  • Interior Features: See Remarks
  • Roof Description: Asphalt Shingle, See Remarks
  • Basement: Yes
  • Basement Description: Finished
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: CookGas, Microwav, RgOvGas, Refrig, SeeRem
  • Unit 1 Baths: 2.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
  • Unit 1 Rent: 2000.0
  • Unit 1 Room Description: Bedrooms, Living/Dining Room, Master Bedroom, See Remarks
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 2000.0
  • Unit 1 Sq Ft: 1000.0
Unit 2 Information
  • Unit 2 Appl/Equip: Microwave Oven, Range/Oven - Gas, Refrigerator, See Remarks
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
  • Unit 2 Rent: 3000.0
  • Unit 2 Room Description: See Remarks
  • Unit 2 Rooms: 9.0
  • Unit 2 Security Deposit: 3000.0
  • Unit 2 Sq Ft: 1500.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $52,000.00
  • Gross Operating Income: $60,000.00

Property History for 101 Highland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 101 Highland Avenue

Taxable ValueLand$21,000Additions$212,800Total$233,800
Tax Record2023$8,716 ($726 / month)
Home Facts
Beds0Total Finished SqFt1,956 SqFtAbove Grade Finished SqFt1,956 SqFtStories2Lot Size2,400 SqFtStyleSingle Family ResidenceYear Built1910CountyESSEXAPN14 00538-0000-00050

Schools near 101 Highland Avenue

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Franklin Elementary School
PublicPK to 8

Dr. William H. Horton Elementary School
PublicPK to 8

First Avenue Elementary School
PublicPK to 8

Roberto Clemente 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.

Similar Homes

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Similar Sold Homes

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101 Highland Avenue is a multi-family home for sale in Newark, NJ 07104. This property was listed for sale on July 10, 2024 by CORNERSTONE REALTY ASSOCIATES, it's currently listed at $655,000. It has been on the market for a total of 147 days and was last sold on June 8, 2021. This listing's school district is The Newark Public School District. Nearby schools include Franklin Elementary School, Dr. William H. Horton Elementary School and First Avenue Elementary School. 101 Highland Avenue is a 7-bed, 6-bath, multi-family home built in 9999.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CORNERSTONE REALTY ASSOCIATES, CHRISTOPHER CLARK

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 12/03/2024 01:29 PM. Source: New Jersey Multiple Listing Service, Inc. © 2024 New Jersey Multiple Listing Service, Inc. All rights. 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: 12/03/2024 01:29 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.