337 South 19th Street
$480,000
10
3
—
—
—
Description
Newark legal three family home in the 07103 zip code offers exceptional potential for investors or homeowners. Featuring 2/4/4 bedroom layouts, a spacious basement, and low taxes, this property is ripe for renovation, with an estimated budget of $200K-$250K allowing for full customization. The first floor unit can be expanded by adding a front-facing room or converted into a duplex by incorporating the basement, potentially creating a fourth unit for increased rental income. Second and third-floor...Newark legal three family home in the 07103 zip code offers exceptional potential for investors or homeowners. Featuring 2/4/4 bedroom layouts, a spacious basement, and low taxes, this property is ripe for renovation, with an estimated budget of $200K-$250K allowing for full customization. The first floor unit can be expanded by adding a front-facing room or converted into a duplex by incorporating the basement, potentially creating a fourth unit for increased rental income. Second and third-floor units offer flexibility to add up to four bedrooms, walk-in closets, or additional bathrooms, maximizing tenant appeal and rental income potential. ARV $730 to 800K + with projected rents of $2,000 to $2,500 per unit, the property can generate $8,000 to $10,000+ monthly, depending on the configuration. Situated near Rutgers, NJIT, downtown Newark, and major transit routes like I-78 and Garden State Parkway, it's an ideal location for tenants. The property is sold "AS IS,"
- Listed by Darrell Bailey • EXP Realty, LLC • (862) 283-1281
Property Details for 337 South 19th Street
Style
3 Family
Sub styleTop/Btm
WaterfrontNone
GarageNone
LISTING UPDATED: 11/21/2024 07:13 PM
Property Details for 337 South 19th Street
Status | Active |
---|---|
MLS # | 24037283 |
Days on Market | 30 |
Taxes | $6,628 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / 3 Family |
Year Built | - |
Lot Size | - |
County | Essex County |
Property Information for 337 South 19th Street
Property History for 337 South 19th Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 337 South 19th Street
Taxable ValueLand$21,300Additions$156,500Total$177,800
Tax Record2023$6,628 ($552 / month)
Home Facts
Beds0Total Finished SqFt3,096 SqFtAbove Grade Finished SqFt3,096 SqFtStories3Lot Size2,509 SqFtStyleSingle Family ResidenceYear Built1917CountyESSEXAPN14 01794-0000-00025
Schools near 337 South 19th 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 |
---|---|---|
Thirteenth Avenue Elementary School PublicPK to 8 | ||
South Seventeenth Street Elementary School PublicPK to 8 | ||
Lincoln Elementary School PublicPK to 8 | ||
Speedway Academies 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
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.