Open House Sun, Mar 3rd 1:00 PM - 3:00 PM
Address
125 Columbia Ave, Newark City, NJ
Price
$ 550,000
Property Attributes
  • MLS#3885325
  • TypeMulti-Family
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • Zip07106
  • Style2-Two Story, Under/Over
  • Year Built1922
  • Taxes$ 9822
  • Price$ 550,000
  • Bedrooms7
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size3,049 SqFt
Data Source:
Garden State MLS (GSMLS)
Property Description

Recently renovated (2020). Multi-Family in Newark, boast 7 Bedrooms, 3 Full Baths. First floor consists of 3 bedrooms, 1 bath, living room, separate dining room with modern open kitchen with stainless steel appliances.Second floor has 4 bedrooms, 2 full baths, small office, living room, dining room and nice size kitchen. . Property is being sold AS IS. Inspections will be for informational purposes only. This property offers easy access to schools, parks, shopping, dining & public transportation. It's a good opportunity for investors or those seeking a income producing property. Showing will begin on 2/15/24

Elementary School Middle School
H Tubman Elementary School Alexander Middle School
Price History
2/9/2024 Listed $550,000

General Features

Interior Features Vinyl-Linoleum Floors
Sewer Public Available
Heating 2 Units,Forced Hot Air
Cooling None
Utilities All Underground
Possession ASAP
Roof Flat
Water Heater Gas
Garage Spaces 1
Architectural Style 2-Two Story,Under/Over
Exclusions Personal items.
Year Built 1922
Garage Detached Garage
Township Newark City
Easement No
Tax Year 2022
Gross Income 52200
County Essex
Net Operating Income 38430
Operating Expense 13770
Building # 125
Total Rooms 13
Status Active
Directions Use GPS to 125 Columbia Ave
Open Parking Spaces 1
Total Units 2
Street Name Columbia Ave
Elementary School H TUBMAN
Tax Annual Amount 9822
Middle/Junior High School ALEXANDER
Drive Additional Parking,Gravel,On-Street Parking
Days on Market 19
Standard Status Active
Tax Assessed Value 262900
Town # 1614
Tax Lot 17

Interior Features

Basement Full,Unfinished
Unit 2 Rooms 4
Unit 1 Rooms 7
Unit 3 Rooms 2
Unit 1 Room Description Bedrooms,Dining Room,Eat-In Kitchen,Kitchen,Living Room
Unit 2 Room Description Bedrooms,Dining Room,Eat-In Kitchen,Kitchen,Living Room
Unit 1 Sq Ft 1200
Unit 2 Sq Ft 1200
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 4
Unit 3 Baths Total 1.0
Unit 3 Beds Total 1
Fuel Type Gas-Natural
Unit 1 Levels 1
Unit 2 Levels 2
Unit 3 Levels 3
Full Baths 3
Total Bedrooms 7
UnitType1TotalRent 1850
UnitType2TotalRent 2500
Unit 2 Handicap Modified No
Unit 2 Fireplaces 1
Unit 1 Fireplaces 1
Unit 1 Handicap Modified No
Unit 1 Appl/Equip CarbMDet,CookGas,Microwav,RgOvGas,Refrig,SmokeDet
Unit 2 Appl/Equip CarbMDet,CookGas,Microwav,RgOvGas,Refrig,SmokeDet

Exterior Features

Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 32X100
Lot Size Acres 0.07

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 07106

Price
AVG $630K
$550K
Taxes
AVG $7,007
$9,822
Visits
AVG 173
4
Data Provided by Inside Real Estate®
Year Built
AVG 1931
1922

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