59 Norwood Street

Newark, NJ 07106

$500,000
Price
6
Beds
2
Baths
2
1/2 Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Back on the market and price improvement! Walk into equity Welcome to this inviting two-family house that's ready for your personal touch! This spacious two-story home features a total of 6 bedrooms, with 3 bedrooms and 1.5 baths on each floor, making it perfect for multi-generational living or as an investment property. While the home could use a little love and updating, its layout offers a fantastic opportunity to create your dream living space. Each unit boasts generous living areas, providing...Back on the market and price improvement! Walk into equity Welcome to this inviting two-family house that's ready for your personal touch! This spacious two-story home features a total of 6 bedrooms, with 3 bedrooms and 1.5 baths on each floor, making it perfect for multi-generational living or as an investment property. While the home could use a little love and updating, its layout offers a fantastic opportunity to create your dream living space. Each unit boasts generous living areas, providing ample room for relaxation and entertaining. This Property is being sold 'AS IS'. Highest and best due by 11/24/2024
  1. Listed by CHARLLETTE WINSTON • KELLER WILLIAMS SUBURBAN REALTY

Property Details for 59 Norwood Street

Directions
Off South Orange Avenue
Days On Market
42
LISTING UPDATED: 11/21/2024 05:02 PM

Property Details for 59 Norwood Street

StatusActive
MLS #3928651
Days on Market43
Taxes$4,913 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2-Two Story
Year Built1996
Lot Size0.06 AC / 2,613 SF
CountyEssex County

Building Information for 59 Norwood Street

Stories-Residences2Year Built1996Building Size-Lot Size0.06 AC / 2,613 SF

Property Information for 59 Norwood Street

Summary
Location and General Information
  • Active Days on Market: 43
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 4066
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 59.0
  • # Parking Spaces: 2
  • County Or Parish: Essex
  • Street Name: Norwood St
  • Zip Code: 07106-1817
  • 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: $4,913
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 131800.0
  • Tax ID For Property: 1614-04066-0000-00064-0000-
  • 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: Concrete
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Identifier: 64
  • Approximate Lot Size: 25X100
  • Total Acres: 0.06
  • Construction Date/Year Built: 1996
  • Construction Date/Year Built Des: Standing
Property and Assessments
  • Assessment Bldg: 115500.0
  • Assessment Land: 16300.0
Utilities
  • Cooling: Window A/C(s)
  • Utilities: Electric
  • Water: Public Water
  • Water Heater: From Furnace
  • Heating: Baseboard - Electric
  • Fuel Type: Electric
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: No
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: CookElec, FireAlrm, InstHotW, RgOvGas, Refrig
  • Unit 1 Baths: 1.5
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Dining Room, Living Room, Porch
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: CookElec, FireAlrm, InstHotW, RgOvGas, Refrig
  • Unit 2 Baths: 1.5
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Dining Room, Living Room, Porch
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $10,000.00
  • Net Operating Income: $40,000.00
  • Gross Operating Income: $50,000.00

Property History for 59 Norwood 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 59 Norwood Street

Taxable ValueLand$16,300Additions$115,500Total$131,800
Tax Record2023$4,914 ($409 / month)
Home Facts
Beds0Total Finished SqFt2,120 SqFtAbove Grade Finished SqFt2,120 SqFtLot Size2,500 SqFtStyleSingle Family ResidenceYear Built1904CountyESSEXAPN14 04066-0000-00064

Schools near 59 Norwood 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
Speedway Academies
PublicPK to 8

Ivy Hill Elementary School
PublicPK to 8

Mount Vernon Elementary School
PublicPK to 8

Lincoln 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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59 Norwood Street is a multi-family home for sale in Newark, NJ 07106. This property was listed for sale on October 10, 2024 by KELLER WILLIAMS SUBURBAN REALTY, it's currently listed at $500,000. This listing's school district is The Newark Public School District. Nearby schools include Speedway Academies, Ivy Hill Elementary School and Mount Vernon Elementary School. 59 Norwood Street is a 6-bed, 3-bath, multi-family home built in 1996.

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 SUBURBAN REALTY, CHARLLETTE WINSTON

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: 11/23/2024 03:10 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: 11/23/2024 03:10 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.