794 Bergen Street
$759,999
8
3
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Description
Discover the epitome of investment opportunity with this impeccably maintained 3-family residence nestled in the heart of Newark, NJ's most sought-after locale. Property rents will cover the entire mortgage no matter FHA, VA, Conventional, or Cash . Boasting not only RECENTLY RENOVATED UNITS but also immense potential for added value, this property stands as a beacon for discerning investors. With tenants currently on month-to-month leases, the door is wide open for strategic upgrades and rental...Discover the epitome of investment opportunity with this impeccably maintained 3-family residence nestled in the heart of Newark, NJ's most sought-after locale. Property rents will cover the entire mortgage no matter FHA, VA, Conventional, or Cash . Boasting not only RECENTLY RENOVATED UNITS but also immense potential for added value, this property stands as a beacon for discerning investors. With tenants currently on month-to-month leases, the door is wide open for strategic upgrades and rental rate adjustments to maximize your returns. Situated in a prime commuter-friendly area, convenience is paramount. Bus stops conveniently stationed plus a new school across the street and a new police academy a mere block away, safety and education are prioritized. As Newark's landscape undergoes rapid revitalization, investing in this property means positioning yourself at the forefront of growth and development. Seize the opportunity to own a piece of Newark's promising future. Property qualifies for NEWARK LIVE GRANT : provides $20,000 no-interest loans to first-time homebuyers to purchase a home in Newark. Over a five-year period, 20 percent of the loan is forgiven for each full year in which the recipient has lived in the home. MUNICIPAL EMPLOYEE HOUSING ASSISTANCE PROGRAMThis program is similar to the Live Newark Closing Cost Program.. It provides $20,000 no-interest forgivable loans to purchase a home in Newark
- Listed by ISAIAH SPRINGER • WEICHERT REALTORS
Property Details for 794 Bergen Street
Directions
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Days On Market197
LISTING UPDATED: 07/08/2024 03:39 PM
Property Details for 794 Bergen Street
Status | Active |
---|---|
MLS # | 3905487 |
Days on Market | 207 |
Taxes | $8,017 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / 3-Three Story |
Year Built | 1902 |
Lot Size | - |
County | Essex County |
Building Information for 794 Bergen Street
Stories-Residences3Year Built1902Building Size-Lot Size-
Property Information for 794 Bergen Street
Property History for 794 Bergen Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 794 Bergen Street
Taxable ValueLand$18,500Additions$196,100Total$214,600
Tax Record2023$8,000 ($667 / month)
Home Facts
Beds0Total Finished SqFt2,816 SqFtAbove Grade Finished SqFt2,816 SqFtStories3Lot Size2,627 SqFtStyleSingle Family ResidenceYear Built1902CountyESSEXAPN14 02712-0000-00032
Schools near 794 Bergen 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 |
---|---|---|
B.R.I.C.K. Peshine Academy PublicPK to 8 | ||
Hawthorne Avenue Elementary School PublicPK to 8 | ||
George Washington Carver Elementary School PublicPK to 8 | ||
Belmont-Runyon 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.
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