162 South 11th Street

Newark, NJ 07107

$595,000
Price
10
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Newly Back on Market! Prime Investment Opportunity in Newark Just 15 minutes from Prudential Center and near public transportation, this two-family home offers $60,000+ in annual rental income and a bonus unit. Property Highlights: New Roof with 10-year warranty Three Units: 4-bed/1-bath, 4-bed/2-bath, 2-bed/1-bath Prime Location near public transport, shopping, and dining On-Site Laundry Facilities Strong Rental History With an ideal layout and high-demand location, this property promises impressive...Newly Back on Market! Prime Investment Opportunity in Newark Just 15 minutes from Prudential Center and near public transportation, this two-family home offers $60,000+ in annual rental income and a bonus unit. Property Highlights: New Roof with 10-year warranty Three Units: 4-bed/1-bath, 4-bed/2-bath, 2-bed/1-bath Prime Location near public transport, shopping, and dining On-Site Laundry Facilities Strong Rental History With an ideal layout and high-demand location, this property promises impressive returns. It's a perfect investment for both seasoned and first-time investors. Don't miss out on this rare opportunity in Newark's growing market!
  1. Listed by Taylor J. Toney • Keller Williams Hudson Valley Realty • (845) 639-0300

Property Details for 162 South 11th Street

Style
3 Family
Sub style
Mixedflr
Waterfront
None
Garage
None

Open Houses

Sunday, Dec 22nd

1:00 PM - 3:00 PM

Public

Sunday, Jan 5th

1:00 PM - 3:00 PM

Public

LISTING UPDATED: 12/12/2024 08:28 AM

Property Details for 162 South 11th Street

StatusActive
MLS #24030423
Days on Market90
Taxes$6,564 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3 Family
Year Built-
Lot Size0.06 AC / 2,500 SF
CountyEssex County

Building Information for 162 South 11th Street

Stories-Residences-Year Built-Building Size-Lot Size0.06 AC / 2,500 SF

Property Information for 162 South 11th Street

Summary
Location and General Information
  • Area: 0714
  • Area name: Newark
  • Flood plain: None
  • Street Name: 11th
  • County Name: ESSEX
  • Status: ACTIVE
  • Street Number Numeric: 162
  • Street Direction: South
  • Zip Code: 07107
Taxes and HOA Information
  • Ease assessment: None Known
  • Tax: $6,564
Owner
  • Ownership: Private
Property
Lot Information
  • Lot size: 2500.0
  • Lot: 00058
  • Year Built: 1980's
  • Views exposure: None
  • Lot Description: Regular
  • Miscellaneous: None
  • Block: 01826
Property and Assessments
  • Photo: Y
  • Photo Number: 7
  • CourtAppYN: No
Utilities
  • Sewer: Municipal
  • Utilities: Sep Gas
  • Heatcool: Gas, Hot Air
  • Cooling Type: Gas, Hot Air
Interior and Exterior Features
Interior Features
  • Bedrooms: 10
  • Baths full: 4
  • Baths partial: 0
  • Basement: Unfinished
  • Number of rooms: 18
  • Laundry: None
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, 1st Flr Primary Bdrm
  • Full Baths Total: 4
  • Num of Baths: 4.0
Exterior Features
  • Fireplace: None
Agent
Sale and Listing Information
  • Search Class: 2to4
  • List Price: $595,000.00
  • Listing Date: 09-19-2024
  • Status Date: 11-07-2024
Showing Information
  • Internet Remarks: Newly Back on Market! Prime Investment Opportunity in Newark Just 15 minutes from Prudential Center and near public transportation, this two-family home offers $60,000+ in annual rental income and a bonus unit. Property Highlights: New Roof with 10-year warranty Three Units: 4-bed/1-bath, 4-bed/2-bath, 2-bed/1-bath Prime Location near public transport, shopping, and dining On-Site Laundry Facilities Strong Rental History With an ideal layout and high-demand location, this property promises impressive returns. It's a perfect investment for both seasoned and first-time investors. Don't miss out on this rare opportunity in Newark's growing market!

Property History for 162 South 11th 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 162 South 11th Street

Taxable ValueLand$31,300Additions$144,400Total$175,700
Tax Record2023$6,550 ($546 / month)
Home Facts
Beds0Total Finished SqFt3,057 SqFtAbove Grade Finished SqFt3,057 SqFtStories3Lot Size2,500 SqFtStyleSingle Family ResidenceYear Built1882CountyESSEXAPN14 01826-0000-00058

Schools near 162 South 11th Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - PK to 3
Public - PK to 5
Public - PK to 8
Rating
School
Distance
Michelle Obama Elementary School
PublicPK to 3

Sir Isaac Newton Elementary School
PublicPK to 3

East Ward Elementary School
PublicPK to 5

Sussex Avenue 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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162 South 11th Street is a multi-family home for sale in Newark, NJ 07107. This property was listed for sale on September 19, 2024 by Keller Williams Hudson Valley Realty, it's currently listed at $595,000. It has been on the market for a total of 90 days and was last sold on July 23, 2021. This listing's school district is The Newark Public School District. Nearby schools include Michelle Obama Elementary School, Sir Isaac Newton Elementary School and East Ward Elementary School. 162 South 11th Street is a 10-bed, 4-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. 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 Keller Williams Hudson Valley Realty, Taylor J. Toney

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