Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1917
Sq.Footage
N/A
9 family brick 4 story walk up with parking for 6 cars in North Newark, only 12 min to Bloomfield Ave Light Rail Station. Monthly Gross: income: $10,418. Yearly Gross income: $125K. Expenses: Tax: $16,400, Water: $3,600 Insurance: 7,000, Heat $5,400 & common area electric $400 Total approx Expense: $32,800. Aprx yrly net: $92,200. 1 Gas gas steam heating system, 9 sep hot water heaters, 10 gas meters and 10 electric meters. Fully rented building. 6-3 bedroom units, 3-2 bedrm units (which are Grnd level unit & 3R & 4R). Rents per unit do not include parking: Grnd Unit: $865, 1R: $1,600, 1L: $1,700 (owner), 2L & 2R: $986 each, 3L: $950, 3R: $894, 4L: $1,037 4R:$1,400. Overall fair condition, building has been well maintained. State inspection will be due in 2021. Flat roof about 6 years old
Features & Amenities
Interior
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.13
-
Property Type
Commercial Sale
Exterior
-
Garage
No
-
Construction Materials
Brick
Financial
-
Sales Price
$1,500,000
-
Tax Amount
16386.0
-
Zoning
R
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Location
County
Essex
Elementary School
Middle School
High School
Listing Courtesy of None , COCCIA REALTY BHGRE
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