16 Poe Newark City, NJ $ 850,000
16 Poe
$ 850,000
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16 Poe

Newark City, NJ, 07106
$ 850,000
Bedrooms11 Baths4.1 Sq 4,305

Monthly Estimate*

$ 5,649

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Multi-Family Home for sale in Newark City, NJ for $850,000 with 11 bedrooms and 4 full baths, 1 half bath. This 4,305 square foot home was built in 1940 on a lot size of 0.14.

Come see the crown jewel of Newark's desirable Vailsburg neighborhood! This rarely available, beautifully maintained, brick-faced 3-family home is ready for its new owner! Step off of peaceful and idyllic Poe Avenue and into more than 4,500 square feet of income generating possibilities. All 3 units are spacious with high ceilings, separate hot water heaters, gas meters, electrical boxes and furnaces. All units showcase spacious bedrooms, easy-flowing floor plans and hardwood flooring. The basement spans the width of the house and features a half-bathroom as well as a partially finished bedroom. The premises are secured by cameras and a security service that sends alerts directly to the owner's phone. Three detached garages sit directly in the back of the house along with space for three other vehicles to be parked in the back. The driveway allows parking for up to four cars. Located just five minutes from Seton Hall University and one block away from public transportation this property is an investor's dream. Book your tour today!

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Multi-Family Pending

Price

$ 850,000

Bedrooms

11

Full Bath

4

Half Bath

1

Property Type

Multi-Family

Taxes

$ 11,497

Style

3-Three Story

Lot Size

0.14

Year Built

1940

Town/City

Newark City

County/Region

ESSEX

MLS | Web ID

3893261

Features
General
Sewer Public Sewer
Heating 3 Units Baseboard - Hotwater Radiators - Hot Water
Cooling Ceiling Fan Window A/C(s)
Utilities Gas-Natural
Possession 0-30
Roof Asphalt Shingle
Water Heater Gas
Garage Spaces 3
Architectural Style 3-Three Story
Exclusions All personal items.
Year Built 1940
Garage Detached Garage On Site
Township Newark City
Tax Year 2023
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 22
Status Under Contract
Directions Make a right off of Rte. 510.
Open Parking Spaces 6
Total Units 3
Street Name Poe
Tax Annual Amount 11497
Home Warranty Y/N No
Drive Additional Parking Blacktop
Days on Market 49
Standard Status Under Contract
Tax Assessed Value 308400
Town # 1614
Tax Lot 14
Farm Assessment No
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Interior
Basement Full
Unit 1 Baths Total 1.0
Unit 1 Beds Total 4
Unit 2 Baths Total 2.0
Unit 2 Beds Total 4
Unit 3 Baths Total 1.0
Unit 3 Beds Total 3
Fuel Type Gas-Natural
Full Baths 4
Half Baths 1
Total Bedrooms 11
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Exterior
Lot Features Level Lot
Water Source Public Water
Exterior Description Brick
Building Area Total 4305
Lot Dimensions 60X100
Lot Size Acres 0.14
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* Excluded Features
List By
GENNIFER STRIBLING

Listing Agent

Re/Max Villa Realtors

Broker

NJSLITTLEMSREALESTATE@GMAIL.COM

Email

Affordability Calculator

$6,607
Per Month
85%
15%
0%
Monthly Principal & Interest
$5,649
Monthly Property Taxes
$958
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/29/2024$850,000 Listed Price

Map


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16 Poe, Newark City, NJ, 07106 is a Multi-Family Home for sale at $850,000 with 4,305 sqft and a lot size of 0.14. 16 Poe has 11 bedrooms, 4.1 baths, and was built in 1940. The property's zip code is 07106 which is in Newark City, NJ