247 Lafayette Street

Newark, NJ 07105

$949,000
Price
9
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Big apartments, all occupied. By request owner will give to the buyer 1st floor apartment vacant. Garage and Parking space rented for $600.00 M/MBig apartments, all occupied. By request owner will give to the buyer 1st floor apartment vacant. Garage and Parking space rented for $600.00 M/M
  1. Listed by EDUARDO VIEGAS • SKY REALTY ASSOCIATES

Property Details for 247 Lafayette Street

Directions
Google
Days On Market
74
Section/Subdiv/Development
Ironbound
LISTING UPDATED: 08/14/2024 05:43 PM

Property Details for 247 Lafayette Street

StatusActive
MLS #3905405
Days on Market139
Taxes$9,439 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1940
Lot Size0.08 AC / 3,484 SF
CountyEssex County

Building Information for 247 Lafayette Street

Stories-Residences3Year Built1940Building Size-Lot Size0.08 AC / 3,484 SF

Property Information for 247 Lafayette Street

Summary
Location and General Information
  • Active Days on Market: 72
  • Renovated Year: 2023
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 188
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • # Parking Spaces: 2
  • County Or Parish: Essex
  • Street Name: Lafayette St
  • Zip Code: 07105-6373
  • Total Units: 3
Taxes and HOA Information
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $9,439
  • Street name Tax: *
  • Zip Code Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 2532.0
  • Tax ID For Property: 1614-00188-0000-00029-0000-
  • 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: 2 Car Width, Driveway-Exclusive
  • # Garage Spaces: 2
  • Garage Description: Detached Garage, See Remarks
Property
Lot Information
  • Lot Description: Flag Lot, Level Lot
  • Lot Identifier: 29
  • Approximate Lot Size: 48.2X68.4
  • Total Acres: 0.08
  • Construction Date/Year Built: 1940
  • Construction Date/Year Built Des: Approximate, Renovated
Property and Assessments
  • Assessment Bldg: 1850.0
  • Assessment Land: 682.0
  • Farm Assessment: No
Utilities
  • Cooling: Window A/C(s)
  • Services: Cable TV Available, Garbage Included
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 3 Units, Baseboard - Hotwater
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick, Wood Shingle
  • Exterior Features: Partially Fenced
Interior Features
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Smoke Detector
  • Unit 1 Baths: 1.0
  • 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, Tenant Pays Heat
  • Unit 1 Rent: 2200.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 2200.0
  • Unit 1 Sq Ft: 1200.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • 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, Tenant Pays Heat
  • Unit 2 Rent: 1800.0
  • Unit 2 Room Description: Bedrooms, Dining Room, Kitchen, Living Room
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 1800.0
  • Unit 2 Sq Ft: 1300.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 3
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 3.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 1800.0
  • Unit 3 Room Description: Bedrooms, Dining Room, Kitchen, Living Room
  • Unit 3 Rooms: 6.0
  • Unit 3 Security Deposit: 1800.0
  • Unit 3 Sq Ft: 1300.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $17,454.00
  • Expenses Include: Cold Water, Insurance, See Remarks, Taxes
  • Net Operating Income: $59,346.00
  • Gross Operating Income: $76,800.00
Rental
Rental Information
  • Home Warranty: false

Property History for 247 Lafayette Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 247 Lafayette 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 5
Public - K to 8
Rating
School
Distance
Lafayette Street Elementary School
PublicPK to 8

East Side High School
Public9 to 12

East Ward Elementary School
PublicPK to 5

Wilson Avenue Elementary School
PublicK 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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247 Lafayette Street is a multi-family home for sale in Newark, NJ 07105. This property was listed for sale on June 1, 2024 by SKY REALTY ASSOCIATES, it's currently listed at $949,000. It has been on the market for a total of 139 days and was last sold on November 17, 2022. This listing's school district is The Newark Public School District. Nearby schools include Lafayette Street Elementary School, East Side High School and East Ward Elementary School. 247 Lafayette Street is a 9-bed, 3-bath, multi-family home built in 1940.

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 SKY REALTY ASSOCIATES, EDUARDO VIEGAS

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: 10/17/2024 11:57 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: 10/17/2024 11:57 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.