85 3rd Street

Newark, NJ 07107

$699,000
Price
7
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Stunning fully renovated 2-Family Home with Bonus Apartment " Ideal for Investors. Welcome to this spacious and versatile 2-family home, offering an incredible opportunity for both investors and multi-generational living. Located in a desirable neighborhood, this property features 7 bedrooms, 6 bathrooms, and a fully finished bonus apartment ideal for additional rental income.Stunning fully renovated 2-Family Home with Bonus Apartment " Ideal for Investors. Welcome to this spacious and versatile 2-family home, offering an incredible opportunity for both investors and multi-generational living. Located in a desirable neighborhood, this property features 7 bedrooms, 6 bathrooms, and a fully finished bonus apartment ideal for additional rental income.
  1. Listed by DENNIS REBICK • BHHS FOX & ROACH

Property Details for 85 3rd Street

Directions
Sussex Ave to 3rd St
Days On Market
1
LISTING UPDATED: 11/16/2024 09:11 AM

Property Details for 85 3rd Street

StatusActive
MLS #3934758
Days on Market2
Taxes$2,997 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1920
Lot Size0.05 AC / 2,178 SF
CountyEssex County

Building Information for 85 3rd Street

Stories-Residences2Year Built1920Building Size-Lot Size0.05 AC / 2,178 SF

Property Information for 85 3rd Street

Summary
Location and General Information
  • Active Days on Market: 1
  • Renovated Year: 2024
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 1884
  • Listing Type: Exclusive Right to Sell
  • Color of Building: Grey
  • Town #: 1614.0
  • Street # Display: 85.0
  • # Parking Spaces: 0
  • County Or Parish: Essex
  • Street Name: 3rd St
  • Zip Code: 07107-3108
  • 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: $2,997
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Assessment Total: 80400.0
  • Tax ID For Property: 1614-01884-0000-00042-0000-
  • 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: On-Street Parking
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 42
  • Approximate Lot Size: 25X95
  • Total Acres: 0.05
  • Construction Date/Year Built: 1920
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 59600.0
  • Assessment Land: 20800.0
  • Farm Assessment: No
Utilities
  • Cooling: 2 Units, Central Air
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 2 Units, Forced Hot Air
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Open Porch(es), Sidewalk
Interior Features
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors, Walk-In Closet
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 1 Baths: 2.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Kitchen, Living Room, Master Bedroom
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Family Room, Living Room, Master Bedroom
  • Unit 2 Rooms: 4.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Expenses Include: All Utilities
  • Net Operating Income: $.00
  • Gross Operating Income: $.00
Rental
Rental Information
  • Home Warranty: false

Property History for 85 3rd 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 85 3rd Street

Taxable ValueLand$20,800Additions$59,600Total$80,400
Tax Record2023$2,997 ($250 / month)
Home Facts
Beds0Total Finished SqFt2,523 SqFtAbove Grade Finished SqFt2,523 SqFtStories3Lot Size2,374 SqFtStyleSingle Family ResidenceYear Built1920CountyESSEXAPN14 01884-0000-00042

Schools near 85 3rd Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - PK to 3
Public - PK to 5
Public - PK to 8
Rating
School
Distance
Sir Isaac Newton Elementary School
PublicPK to 3

Michelle Obama Elementary School
PublicPK to 3

East Ward Elementary School
PublicPK to 5

Sussex Avenue 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.

Neighborhood Map and Transit

Similar Homes

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Similar Sold Homes

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85 3rd Street is a multi-family home for sale in Newark, NJ 07107. This property was listed for sale on November 15, 2024 by BHHS FOX & ROACH, it's currently listed at $699,000. It has been on the market for a total of 2 days and was last sold on September 13, 2023. This listing's school district is The Newark Public School District. Nearby schools include Sir Isaac Newton Elementary School, Michelle Obama Elementary School and East Ward Elementary School. 85 3rd Street is a 7-bed, 6-bath, multi-family home built in 1920.

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 BHHS FOX & ROACH, DENNIS REBICK

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: 11/17/2024 09:27 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: 11/17/2024 09:27 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.