162 South 11th Street
$595,000
10
4
—
—
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Open: 1/5 01:00PM - 03:00PM
Description
Newly Back on Market! Exceptional Investment Opportunity in NewarkJust 15 minutes from the Prudential Center and conveniently located near public transportation, this two-family home offers unbeatable potential. Whether you're a seasoned investor or new to real estate, this property provides substantial returns with over $60,000 in annual rental income and a lucrative bonus unit. Property Highlights:Brand New Roof with a 10-year warranty for peace of mindThree Spacious Units:4-bed/1-bath- vacant4-bed/2-bath-...Newly Back on Market! Exceptional Investment Opportunity in NewarkJust 15 minutes from the Prudential Center and conveniently located near public transportation, this two-family home offers unbeatable potential. Whether you're a seasoned investor or new to real estate, this property provides substantial returns with over $60,000 in annual rental income and a lucrative bonus unit. Property Highlights:Brand New Roof with a 10-year warranty for peace of mindThree Spacious Units:4-bed/1-bath- vacant4-bed/2-bath- tenant2-bed/1-bath- bonus spacePrime Location just minutes from transportation, shopping, dining, and entertainmentLaundry Facilities on-site for tenant convenienceStrong Rental History with steady cash flowGreat Location close to Newark? s thriving business district and cultural landmarksWith its ideal layout and high-demand location, this property offers impressive returns for investors looking to capitalize on a growing market. Whether you're seeking to expand your portfolio or enter the world of real estate investing, this home provides both value and versatility. Don? t miss out on this rare opportunity to secure a prime piece of Newark real estate.
- Listed by TAYLOR J. TONEY • KELLER WILLIAMS HUDSON VALLEY
Property Details for 162 South 11th Street
Style
Multi Floor Unit
DirectionsProperty located off Central Avenue
Days On Market85
Primary StyleMulti Floor Unit
Open Houses
Sunday, Jan 5th
1:00 PM - 3:00 PM
LISTING UPDATED: 12/03/2024 04:04 PM
Property Details for 162 South 11th Street
Status | Active |
---|---|
MLS # | 3924976 |
Days on Market | 98 |
Taxes | $6,550 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family |
Year Built | 1882 |
Lot Size | 0.06 AC / 2,613 SF |
County | Essex County |
Building Information for 162 South 11th Street
Stories-Year Built1882Building Size-Lot Size0.06 AC / 2,613 SF
Property Information for 162 South 11th Street
Property History for 162 South 11th 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 162 South 11th Street
Taxable ValueLand$31,300Additions$144,400Total$175,700
Tax Record2023$6,550 ($546 / month)
Home Facts
Beds0Total Finished SqFt3,057 SqFtAbove Grade Finished SqFt3,057 SqFtStories3Lot Size2,500 SqFtStyleSingle Family ResidenceYear Built1882CountyESSEXAPN14 01826-0000-00058
Schools near 162 South 11th 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 |
---|---|---|
Michelle Obama Elementary School PublicPK to 3 | ||
Sir Isaac Newton 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.
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