277 North 5th Street

Newark, NJ 07107

$849,000
Price
11
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to 277-279 N 5th Street, a spacious 4-unit property located in North Newark. This multi-family's interior living space spans more than 4,200 square feet. The partially finished basement runs the width of the entire building and offers the possibility of two additional rental units complimented by two full bathrooms. Two units feature a sunroom, a living room, two bedrooms, a full bathroom, and an eat-in kitchen. The third unit features a sunroom, a living room, three bedrooms, a full bathroom...Welcome to 277-279 N 5th Street, a spacious 4-unit property located in North Newark. This multi-family's interior living space spans more than 4,200 square feet. The partially finished basement runs the width of the entire building and offers the possibility of two additional rental units complimented by two full bathrooms. Two units feature a sunroom, a living room, two bedrooms, a full bathroom, and an eat-in kitchen. The third unit features a sunroom, a living room, three bedrooms, a full bathroom and an eat-in kitchen. The fourth unit features four bedrooms, a living room, full bathroom and eat-in kitchen. The building's 5,001 square foot lot showcases a private driveway that leads to three detached garages in the back of the property. The lot has room for parking 3 additional vehicles in the back. This property is located just one block from the light rail and a few minutes from Newark Penn Station. With endless income opportunities, 277-279 N 5th Street is an investor's dream. Book your tour today!
  1. Listed by GENNIFER STRIBLING • OM

Property Details for 277 North 5th Street

Directions
In between Park Avenue and 6th Ave W.
Days On Market
0
LISTING UPDATED: 12/21/2024 12:51 PM

Property Details for 277 North 5th Street

StatusActive
MLS #3938791
Days on Market3
Taxes$16,174 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeFourplex
MLS TypeMulti Family / Fourplex
Year Built1928
Lot Size0.11 AC / 4,791 SF
CountyEssex County

Building Information for 277 North 5th Street

Stories-Residences4Year Built1928Building Size-Lot Size0.11 AC / 4,791 SF

Property Information for 277 North 5th Street

Summary
Location and General Information
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 1932
  • Listing Type: Exclusive Agency
  • Town #: 1614.0
  • Street # Display: 277.0
  • # Parking Spaces: 3
  • County Or Parish: Essex
  • Street Name: N 5th St
  • Zip Code: 07107-2276
  • Total Units: 4
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $16,174
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Assessment Total: 425300.0
  • Tax ID For Property: 1614-01932-0000-00046-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width, Blacktop, Driveway-Exclusive, Off-Street Parking
  • # Garage Spaces: 3
  • Garage Description: Detached Garage, See Remarks
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 46
  • Approximate Lot Size: 50X100
  • Total Acres: 0.11
  • Construction Date/Year Built: 1928
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 403400.0
  • Assessment Land: 21900.0
  • Farm Assessment: No
Utilities
  • Cooling: 4 Units, Window A/C(s)
  • Utilities: All Underground, See Remarks
  • Water: Public Water
  • Heating: 4 Units, Radiators - Steam
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick/Block
  • Exterior Features: Metal Fence
Interior Features
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Security System, Smoke Detector
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Finished-Partially, Full, Walkout
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Fire Alarm System, 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 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Pantry, Sunroom
  • Unit 1 Rooms: 7.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Fire Alarm System, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Pantry, Sunroom
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Fire Alarm System, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 3 Rent: 0.0
  • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Pantry, Sunroom
  • Unit 3 Rooms: 6.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 0.0
Unit 4 Information
  • Unit 4 Appl/Equip: Carbon Monoxide Detector, Fire Alarm System, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 4 Baths: 1.0
  • Unit 4 Bedrooms: 4
  • Unit 4 Fireplaces: 0.0
  • Unit 4 Handicap Modified: No
  • Unit 4 Levels: 1.0
  • Unit 4 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 4 Rent: 0.0
  • Unit 4 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Pantry
  • Unit 4 Rooms: 7.0
  • Unit 4 Security Deposit: 0.0
  • Unit 4 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: Fourplex
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00
Rental
Rental Information
  • Home Warranty: false

Property History for 277 North 5th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 277 North 5th Street

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
Dr. E. Alma Flagg Elementary School
PublicPK to 8

Franklin Elementary School
PublicPK to 8

McKinley Elementary School
PublicPK to 8

Dr. William H. Horton 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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277 North 5th Street is for sale in Newark, NJ 07107. This property was listed for sale on December 21, 2024 by OM, it's currently listed at $849,000. It has been on the market for a total of 3 days and was last sold on June 12, 2020. This listing's school district is The Newark Public School District. Nearby schools include Dr. E. Alma Flagg Elementary School, Franklin Elementary School and McKinley Elementary School. 277 North 5th Street is a 11-bed, 6-bath, built in 1928.

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 OM, GENNIFER STRIBLING

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: 12/24/2024 03:03 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: 12/24/2024 03:03 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.