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196 Fairmount Ave

Newark City, NJ 07103
  • $625,000
  • STATUS: Active Under Contract
  • ON SITE: 37 Days
  • MLS #: 3901441
Under Contract
$625,000
  • 9
    BEDS
  • 0.06
    ACRES
  • 3
    BATHS
  • 2
    1/2 BATHS
Type:
Multi-Family
Built:
1877
County:
Area:

School Ratings & Info

Description

This 3 unit multi-family home offers investors a prime opportunity. Each unit boasts 3 bedrooms and 1.5 bathrooms. Recently updated. Modern interiors feature sleek finishes and an open layout for comfort and convenience. Easy access to major highways, commuting is a breeze. Don't miss out on this lucrative investment in a thriving community. Property Being Sold As is. Buyer to obtain CO & Fire and Smoke Cert. Call for all appts

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Garden State MLS logo © 2024 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 Trompeter Real Estate. 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 Trompeter Real Estate 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 2024-06-20T06:46:55.68.
www.trompeterrealestate.com/homes/150462732
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196 Fairmount Ave Newark City, NJ 07103

  • Price: $625,000
  • Status: Active Under Contract
  • On Site: 37 Days
  • MLS #: 3901441
9
Beds
3
Baths
2
½ Baths
0.06
Acres
1877
Built
County:
Essex
Area:
Newark City
Property Description
This 3 unit multi-family home offers investors a prime opportunity. Each unit boasts 3 bedrooms and 1.5 bathrooms. Recently updated. Modern interiors feature sleek finishes and an open layout for comfort and convenience. Easy access to major highways, commuting is a breeze. Don't miss out on this lucrative investment in a thriving community. Property Being Sold As is. Buyer to obtain CO & Fire and Smoke Cert. Call for all appts
Exterior Features

Approximate Lot Size 25X100 Exterior Description Vinyl Siding Number Of Parking Spaces 0 Parking Driveway Description See Remarks Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling 3 UnitsCentral Air Heating 3 UnitsForced Hot Air Total Number Of Rooms 20 Unit1 Appliances Equipment Kitchen Exhaust FanSee Remarks Unit1 Baths 1.5 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenFamily RoomLiving RoomMaster BedroomSee Remarks Unit1 Rooms 7 Unit1 Security Deposit 3300 Unit1 Sq Ft 0 Unit2 Appliances Equipment See Remarks Unit2 Baths 1.5 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenFamily RoomLiving RoomMaster BedroomSee Remarks Unit2 Rooms 7 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description BedroomsEat-In KitchenLiving RoomSee Remarks Unit3 Rooms 6 Unit3 Sq Ft 0

Property Features

Assessment Total 264100 Building Assessment 237800 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 11111 Land Assessment 26300 Net Operating Income 11111 Tax Amount 9845 Tax Rate Amount 3.728 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 11111 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 2400 Unit2 Handicap Modified No Unit2 Lease Expiration 2025-05-01 Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 2000 Unit2 Security Deposit 1500 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 0 Unit3 Security Deposit 0

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc: 201-615-9085.


Garden State MLS logo © 2024 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 Trompeter Real Estate. 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 Trompeter Real Estate 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 2024-06-20T06:46:55.68.
 
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