BEDS8
BATHS4 full
MLS#4063156
STATUS
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONUpper Vailsburg
Property Description
Well-maintained fully "Brick 4-family investment property in sought-after Upper Ivy Hill of Newark offering approximately 6,300 sq. ft The first-floor units each consist of 1 Br, while the second-floor units each feature 2 Brs, providing a current configuration of 6 Brs and 4 Bths. However, with the exceptionally spacious floor plan, both first-floor units offer the potential to accommodate a second Br, increasing the property to a possible 8-Br, 4-Bth configuration. The potential annual rental income for this property is $96,000, with annual taxes amounting to $10,227. This results in a net annual income of $85,773 before utilities and debt servicing charges. Property has hardwood floors throughout and comes with newer roofing, furnace and windows. Basement is full size, standing height, partially finished with unlimited potential. This is a commuter's delight, walking distance to NYC express 107 bus, 5 minute drive to NYC train station, 15 minutes from Newark Liberty Airport, and close to major highways and shopping malls
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished-Partially, Full, Walkout
Fuel Type: Gas-Natural
Garage: 3
Heating: 4+ Units, Radiators - Hot Water
Lot Size: 0.16 Acres
Roof Type: Asphalt Shingle, Flat
Taxes: $10,277
Year Built: 1930
Amenities
Carbon Monoxide Detector
Fire Extinguisher
Smoke Detector
Wood Floors
Curbs
Sidewalk
Feature Descriptions
Days on Site: 2
Driveway: Additional Parking, Blacktop, Off-Street Parking
Exterior: Brick
Lot: Irregular Lot, Level Lot
Lot Dimensions: 0.16 acre(s)
Parking Notes: Detached Garage
Sewer: Public Sewer
Utilities: Electric, Gas-Natural
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: COLDWELL BANKER REALTY
Agency Contact: 908-422-8621
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,870.20 per month $1,780.45 Principal & Interest $856.42 Property Tax $233.33 Homeowner's InsuranceChange Payment Information
431 Kerrigan Blvd | MLS# 4063156
This multi-family property located at 431 Kerrigan Blvd, Newark, NJ 07106 is currently listed for sale with an asking price of $800,000. Search Newark real estate on www.realtymarkllc.com today.