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    131 Huntington Ter , #4

    Newark City, NJ 07112
    • $747,500
    • STATUS: Active Under Contract
    • ON SITE: 189 days
    • MLS #: 3688569
    Under Contract
    UPDATED: 226 min ago
    $747,500
    • 13
      BEDS
    • 0.13
      ACRES
    • 7
      BATHS
    • 1
      1/2 BATHS
    • 4,308
      SQFT
    • $174
      $/SQFT
    Type:
    Multi-Family
    Built:
    2019
    County:
    Area:

    School Ratings & Info

    Description

    Fully Occupied!7.76% CAP Rate Return!Full Gut Renovation Completed 2019!Walking distance to the hospital!Easy Commute by car, bus, or train to NYC & beyond!!! Fully Occupied!7.76% CAP Rate Return!Full Gut Renovation Completed 2019!Walking distance to the hospital!Easy Commute by car, bus, or train to NYC & beyond!!!Located just minutes from all major highways to NYC and through out NJ, this property makes for a great turn-key investment. Fully gut renovated down to the stubs, & fully occupied with all paying tenants (2 unit out of 4 Section 8) & well maintained units.

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    © 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International - Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International - Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-07-31T06:47:20.52.
    www.teamfrancesco.com/homes/113554176
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    131 Huntington Ter , #4 Newark City, NJ 07112

    • Price: $747,500
    • Status: Active Under Contract
    • Updated: 226 min ago
    • MLS #: 3688569
    13
    Beds
    7
    Baths
    1
    ½ Baths
    0.13
    Acres
    4,308
    SQFT
    $174
    $/SQFT
    2019
    Built
    County:
    Essex
    Area:
    Newark City
    Property Description
    Fully Occupied!7.76% CAP Rate Return!Full Gut Renovation Completed 2019!Walking distance to the hospital!Easy Commute by car, bus, or train to NYC & beyond!!! Fully Occupied!7.76% CAP Rate Return!Full Gut Renovation Completed 2019!Walking distance to the hospital!Easy Commute by car, bus, or train to NYC & beyond!!!Located just minutes from all major highways to NYC and through out NJ, this property makes for a great turn-key investment. Fully gut renovated down to the stubs, & fully occupied with all paying tenants (2 unit out of 4 Section 8) & well maintained units.
    Exterior Features

    Approximate Lot Size 50X115 Exterior Description See RemarksVinyl Siding Exterior Features See Remarks Lot Description Level Lot Number Of Parking Spaces 8 Parking Driveway Description BlacktopParking Lot-Exclusive Roof Description See Remarks

    Interior Features

    Basement Yes Basement Description FullUnfinishedWalkout Cooling 4+ UnitsCentral Air Heating 4+ UnitsCent Register Heat Interior Features Carbon Monoxide DetectorFire ExtinguisherSmoke DetectorWood Floors Total Number Of Rooms 21 Unit1 Appliances Equipment Carbon Monoxide DetectorMicrowave OvenRange/Oven - GasRefrigerator Unit1 Baths 2.0 Unit1 Bedrooms 4 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomKitchenLiving Room Unit1 Rooms 6 Unit1 Security Deposit 1 Unit1 Sq Ft 1000 Unit2 Appliances Equipment Carbon Monoxide DetectorMicrowave OvenRange/Oven - GasRefrigerator Unit2 Baths 2.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsDining RoomKitchenLiving Room Unit2 Rooms 5 Unit2 Sq Ft 1000 Unit3 Baths 2.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 2 Unit3 Room Description BedroomsDining RoomKitchen Unit3 Rooms 5 Unit3 Sq Ft 1000 Unit4 Appliances Equipment Carbon Monoxide DetectorMicrowave OvenRange/Oven - GasRefrigerator Unit4 Baths 1.5 Unit4 Bedrooms 3 Unit4 Fireplaces 0 Unit4 Levels 2 Unit4 Room Description BedroomsDining RoomKitchenLiving Room Unit4 Rooms 5 Unit4 Sq Ft 1000

    Property Features

    Assessment Total 253400 Building Assessment 221200 Building Number 1 Easement Unknown Exclusions Tenants' Personal Property Expenses Include Cold WaterInsuranceMaintenanceTaxes Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 84264 Home Warranty No Land Assessment 32200 Net Operating Income 58928 Renovated Year 2019 Services Garbage Included Sewer Public Sewer Tax Amount 13194 Tax Rate Amount 3.761 Tax Rate Year 2019 Tax Year 2020 Total Operating Expense 25336 Unit Style 2-Two StoryFourplex Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1850 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1640 Unit2 Security Deposit 1 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1612 Unit3 Security Deposit 1 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit4 Rent 1620 Unit4 Security Deposit 1 Utilities ElectricGas-NaturalSee Remarks Water Public Water Water Heater Gas Year Built Description Renovated

    Listing information © 2021 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Keller Williams Team Realty.


    © 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International - Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International - Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-07-31T06:47:20.52.
     
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    Christie's International - Northern New Jersey
    80 Hudson Street
    Hoboken NJ, 07030