192 1st St

Newark, NJ 07107

$397,000
Last Sold Price
6
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to 192 1st, Newark NJ. This 2-family investment property offers not only fantastic income potential but also the allure of a prime location near nature and convenient transportation links strategically positioned in close proximity to the picturesque Branch Brook Park and conveniently situated just off the 280 highway! The 1st unit, is occupied currently generating a rental income of $1010 per month, features a well-maintained 2-bedroom, 1-bathroom layout with the potential to expand into...Welcome to 192 1st, Newark NJ. This 2-family investment property offers not only fantastic income potential but also the allure of a prime location near nature and convenient transportation links strategically positioned in close proximity to the picturesque Branch Brook Park and conveniently situated just off the 280 highway! The 1st unit, is occupied currently generating a rental income of $1010 per month, features a well-maintained 2-bedroom, 1-bathroom layout with the potential to expand into a generous 3-bedroom, 1-bathroom space. The 2nd unit "is vacant" spans two stories and boasts 4-bedrooms, 2-bathrooms presenting an excellent canvas for customization into a potential 5-bedroom, 2-bathroom residence, perfectly suited for a larger household or higher rental returns. Please note, the property is being sold in "As Is" condition, providing the buyer with an ideal opportunity to shape the space according to their vision. The buyer will be responsible for obtaining the CO

Property Details for 192 1st Street

Style
2 Family
LISTING UPDATED: 03/13/2025 09:08 PM

Property Details for 192 1st Street

StatusSold - Sold
MLS #24001379
Days on Market118
Taxes$6,325 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built-
Lot Size-
CountyEssex County

Property Information for 192 1st Street

Summary
Location and General Information
  • Area name: Newark
  • Flood plain: None
  • Street Name: 1st
  • County Name: ESSEX
  • Status: Closed
  • Street Number Numeric: 192
  • Zip Code: 07107
Taxes and HOA Information
  • Other Charges: True
  • Tax: $6,325
Property
Lot Information
  • Year Built: 1900-1939, Build Prior to 1978
  • Average Acres: 0.06
Property and Assessments
  • Photo Number: 1
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Interior Features
  • Bedrooms: 6
  • Baths full: 3
  • Baths partial: 0
  • Number of rooms: 15
  • Full Baths Total: 3
  • Num of Baths: 3.0
Exterior Features
  • Exterior: Stone, Vinyl Siding
Agent
Sale and Listing Information
  • Management Phone: (732) 962-2148
  • Search Class: 2to4, 2-4 Family
  • List Price: $398,900.00
  • Listing Date: 01-04-2024
  • Expired Date: 04-03-2024
  • Pending Date: 02-14-2024
  • Close Date: 05-03-2024
  • Status Date: 05-02-2024
  • Sale Price: $397,000
Showing Information
  • Internet Remarks: Welcome to 192 1st, Newark NJ. This 2-family investment property offers not only fantastic income potential but also the allure of a prime location near nature and convenient transportation links strategically positioned in close proximity to the picturesque Branch Brook Park and conveniently situated just off the 280 highway! The 1st unit, is occupied currently generating a rental income of $1010 per month, features a well-maintained 2-bedroom, 1-bathroom layout with the potential to expand into a generous 3-bedroom, 1-bathroom space. The 2nd unit "is vacant" spans two stories and boasts 4-bedrooms, 2-bathrooms presenting an excellent canvas for customization into a potential 5-bedroom, 2-bathroom residence, perfectly suited for a larger household or higher rental returns. Please note, the property is being sold in "As Is" condition, providing the buyer with an ideal opportunity to shape the space according to their vision. The buyer will be responsible for obtaining the CO

Property History for 192 1st 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 192 1st Street

Taxable ValueLand$18,400Additions$150,900Total$169,300
Tax Record2023$6,312 ($526 / month)
Home Facts
Beds0Total Finished SqFt2,786 SqFtAbove Grade Finished SqFt2,786 SqFtLot Size2,448 SqFtStyleSingle Family ResidenceYear Built1910CountyESSEXAPN14 01912-0000-00045

Schools near 192 1st 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
Salome Urena Elementary School
PublicPK to 8

First Avenue Elementary School
PublicPK to 8

Roberto Clemente Elementary School
PublicPK to 8

Rafael Hernandez 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

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.

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 New and Modern Group, Mathew Meisels

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: 05/14/2025 11:34 PM. Source: New Jersey Multiple Listing Service, Inc. © 2025 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: 05/14/2025 11:34 PM © 2025 New Jersey Multiple Listing Service Inc. All rights reserved.