8 Essex Street

Nutley, NJ 07110

$579,000
Price
4
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Multifamily property with extremely low maintenance & operating costs. Features two fully occupied units, each with annual leases in place. The first-floor unit includes a large eat-in kitchen, two bedrooms, a full bath, and a spacious living room. Additional highlights are a walkout deck and access to a large backyard, along with full access to the basement. The second-floor unit offers a large kitchen, two bedrooms, a den, a full bathroom, and a spacious living room with a sitting area. This unit...Multifamily property with extremely low maintenance & operating costs. Features two fully occupied units, each with annual leases in place. The first-floor unit includes a large eat-in kitchen, two bedrooms, a full bath, and a spacious living room. Additional highlights are a walkout deck and access to a large backyard, along with full access to the basement. The second-floor unit offers a large kitchen, two bedrooms, a den, a full bathroom, and a spacious living room with a sitting area. This unit also benefits from access to a large attic space for storage. This property is being sold as-is.
  1. Listed by ANTHONY LUBERTO • BEST OF NJ REALTY

Property Details for 8 Essex Street

Directions
Franklin Ave to Essex Street
Days On Market
60
LISTING UPDATED: 10/22/2024 10:21 AM

Property Details for 8 Essex Street

StatusActive
MLS #3930575
Days on Market60
Taxes$10,417 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2-Two Story
Year Built1927
Lot Size0.06 AC / 2,613 SF
CountyEssex County

Building Information for 8 Essex Street

Stories-Residences2Year Built1927Building Size-Lot Size0.06 AC / 2,613 SF

Property Information for 8 Essex Street

Summary
Location and General Information
  • Active Days on Market: 60
  • County #: Essex
  • Town Name: Nutley Twp.
  • Block Identifier: 9101
  • Listing Type: Exclusive Right to Sell
  • Town #: 1616.0
  • Street # Display: 8.0
  • # Parking Spaces: 0
  • County Or Parish: Essex
  • Street Name: Essex St
  • Zip Code: 07110-3221
  • 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: $10,417
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 404400.0
  • Tax ID For Property: 1616-09101-0000-00013-0000-
  • Tax Rate Amount: $3
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: None
  • Garage Description: None
Property
Lot Information
  • Lot Identifier: 13
  • Approximate Lot Size: 25X100
  • Total Acres: 0.06
  • Construction Date/Year Built: 1927
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 224400.0
  • Assessment Land: 180000.0
Utilities
  • Cooling: Wall A/C Unit(s)
  • Utilities: Gas-Natural
  • Water: Public Water
  • Heating: 1 Unit
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Ceiling Fan(s), Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Lease Expiration: 02-28-2025
  • 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: 1600.0
  • Unit 1 Room Description: Bedrooms, Kitchen, Living Room, See Remarks, Storage
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 1350.0
  • Unit 1 Sq Ft: 1400.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Ceiling Fan(s), 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 Lease Expiration: 08-31-2025
  • 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: 1850.0
  • Unit 2 Room Description: Attic, Bedrooms, Kitchen, Living Room, See Remarks, Storage
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 1600.0
  • Unit 2 Sq Ft: 1400.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $14,697.00
  • Expenses Include: Hot & Cold Water, Insurance, Maintenance, Taxes
  • Net Operating Income: $26,703.00
  • Gross Operating Income: $41,400.00

Property History for 8 Essex 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 8 Essex Street

Taxable ValueLand$83,300Additions$58,400Total$141,700
Tax Record2023$8,210 ($684 / month)
Home Facts
Beds0Total Finished SqFt1,200 SqFtAbove Grade Finished SqFt1,200 SqFtStories2Lot Size4,687 SqFtStyleSingle Family ResidenceYear Built1954ZoningR-A3CountyPASSAICAPN02 00081- 17-00001

Schools near 8 Essex Street

This home is within Nutley Public School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Lincoln Elementary School
PublicK to 6

John H Walker Middle School
Public7 to 8

Nutley High School
Public9 to 12

Radcliffe Elementary School
PublicPK to 6

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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8 Essex Street is a multi-family home for sale in Nutley, NJ 07110. This property was listed for sale on October 22, 2024 by BEST OF NJ REALTY, it's currently listed at $579,000. It has been on the market for a total of 60 days and was last sold on October 21, 2021. This listing's school district is Nutley Public School District. Nearby schools include Lincoln Elementary School, John H Walker Middle School and Nutley High School. 8 Essex Street is a 4-bed, 2-bath, multi-family home built in 1927.

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 BEST OF NJ REALTY, ANTHONY LUBERTO

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: 12/21/2024 11:26 AM. 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: 12/21/2024 11:26 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.