243 4th Street

Newark, NJ 07107

$610,000
Price
7
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Introducing 243 4th Street, a spacious and renovated multi-family property in a prime Newark location. This move-in-ready home features 7 bedrooms and 5 bathrooms, offering ample space. Unit 2 boasts 3 bedrooms, 2 bathrooms, an office/bonus room, a walk-in pantry, and an enclosed back porch. Ideal for commuters, the property is conveniently located near trains, buses, highways, parks, and schools. Whether you're seeking a strong investment opportunity with excellent cash flow potential or a multi-generational...Introducing 243 4th Street, a spacious and renovated multi-family property in a prime Newark location. This move-in-ready home features 7 bedrooms and 5 bathrooms, offering ample space. Unit 2 boasts 3 bedrooms, 2 bathrooms, an office/bonus room, a walk-in pantry, and an enclosed back porch. Ideal for commuters, the property is conveniently located near trains, buses, highways, parks, and schools. Whether you're seeking a strong investment opportunity with excellent cash flow potential or a multi-generational living solution, this property checks all the boxes. Don? t miss out on this incredible opportunity!
  1. Listed by DONNELL WILLIAMS • DESTINY REALTY
  2. Listed by LUCILLE EASTERLING • DESTINY REALTY

Property Details for 243 4th Street

Directions
6th Ave W to 4th St
Days On Market
16
LISTING UPDATED: 10/01/2024 05:21 PM

Property Details for 243 4th Street

StatusActive
MLS #3924334
Days on Market19
Taxes$7,739 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1915
Lot Size0.07 AC / 3,049 SF
CountyEssex County

Building Information for 243 4th Street

Stories-Residences2Year Built1915Building Size-Lot Size0.07 AC / 3,049 SF

Property Information for 243 4th Street

Summary
Location and General Information
  • Active Days on Market: 16
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 1914
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 243.0
  • # Parking Spaces: 1
  • County Or Parish: Essex
  • Street Name: 4th St
  • Zip Code: 07107-3053
  • 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: $7,739
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 207600.0
  • Tax ID For Property: 1614-01914-0000-00024-0000-
  • 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: 1 Car Width
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Identifier: 24
  • Approximate Lot Size: 32X100
  • Total Acres: 0.07
  • Construction Date/Year Built: 1915
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 188000.0
  • Assessment Land: 19600.0
Utilities
  • Cooling: No Cool
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 1 Unit
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Lease Expiration: 11-01-2024
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 1400.0
  • Unit 1 Room Description: Bedrooms, Kitchen, Living Room, Pantry, Porch
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 2100.0
  • Unit 1 Sq Ft: 850.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 2 Baths: 3.0
  • Unit 2 Bedrooms: 4
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Lease Expiration: 09-01-2024
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 2900.0
  • Unit 2 Room Description: Bedrooms, Kitchen, Pantry, Porch, Sunroom
  • Unit 2 Rooms: 9.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 1500.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $3,000.00
  • Expenses Include: Electric, Garbage Collection, Maintenance
  • Net Operating Income: $1,300.00
  • Gross Operating Income: $4,300.00

Property History for 243 4th 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 243 4th Street

Taxable ValueLand$19,600Additions$188,000Total$207,600
Tax Record2023$7,739 ($645 / month)
Home Facts
Beds0Total Finished SqFt2,594 SqFtAbove Grade Finished SqFt2,594 SqFtStories3Lot Size3,202 SqFtStyleSingle Family ResidenceYear Built1915CountyESSEXAPN14 01914-0000-00024

Schools near 243 4th 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
Dr. E. Alma Flagg Elementary School
PublicPK to 8

Barringer Academy Of S.T.E.A.M.
Public9 to 12

Dr. William H. Horton Elementary School
PublicPK to 8

Franklin 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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243 4th Street is a multi-family home for sale in Newark, NJ 07107. This property was listed for sale on September 16, 2024 by DESTINY REALTY, it's currently listed at $610,000. It has been on the market for a total of 19 days and was last sold on April 12, 2017. This listing's school district is The Newark Public School District. Nearby schools include Dr. E. Alma Flagg Elementary School, Barringer Academy Of S.T.E.A.M. and Dr. William H. Horton Elementary School. 243 4th Street is a 7-bed, 4-bath, multi-family home built in 1915.

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 DESTINY REALTY, DONNELL WILLIAMS; DESTINY REALTY, LUCILLE EASTERLING

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: 10/05/2024 02:20 AM. 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: 10/05/2024 02:20 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.