48 1/2 3rd St Newark City, NJ $ 550,000
48 1/2 3rd St
$ 550,000
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48 1/2 3rd St

Newark City, NJ, 07107
$ 550,000
Bedrooms6 Baths3.0

Monthly Estimate*

$ 3,655

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Multi-Family Home for sale in Newark City, NJ for $550,000 with 6 bedrooms and 3 full baths. This home was built in 1920 on a lot size of 0.04.

Welcome to your new investment opportunity, two family home in the heart of Newark, just moments away from University Heights! This charming two-family house boasts LOW TAXES and a prime location, making it an ideal choice for savvy buyers. The first floor offers a comfortable living arrangement with two spacious bedrooms, a cozy living-dining room area, and a convenient full bathroom. Upstairs, the second floor impresses with its expansive living room and dining area, perfect for hosting gatherings or relaxing in style. With four massive bedrooms, this floor provides ample space for everyone to enjoy. Plus, its proximity to all public transportation options ensures easy access to the city's amenities and attractions. Don't miss out on this opportunity to own a piece of Newark's thriving community " schedule your showing today!

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Multi-Family Active

Price

$ 550,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,793

Style

3-Three Story

Lot Size

0.04

Year Built

1920

Town/City

Newark City

County/Region

ESSEX

MLS | Web ID

3898027

Features
General
Sewer Public Sewer
Heating 2 Units
Cooling Central Air
Utilities See Remarks
Possession At closing
Roof Asphalt Shingle
Garage Spaces 0
Architectural Style 3-Three Story
Year Built 1920
Township Newark City
Tax Year 2023
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 12
Status Active
Directions Sussex Avenue to Third Avenue
Open Parking Spaces 0
Total Units 2
Street Name 1/2 3rd St
Tax Annual Amount 5793
Drive On-Street Parking
Days on Market 22
Standard Status Active
Tax Assessed Value 155400
Town # 1614
Tax Lot 17
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Interior
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 2.0
Unit 2 Beds Total 4
Fuel Type Gas-Natural
Full Baths 3
Half Baths 0
Total Bedrooms 6
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Exterior
Water Source Public Water
Exterior Description Brick
Lot Dimensions 16.03 X 95
Lot Size Acres 0.04
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* Excluded Features
List By
AMI YAZMIN CRUZ

Listing Agent

Exp Realty, Llc

Broker

ami.njrealtor@aminjrealtor.com

Email

Affordability Calculator

$4,138
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,655
Monthly Property Taxes
$483
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
4/24/2024$550,000 Listed Price

Map


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48 1/2 3rd St, Newark City, NJ, 07107 is a Multi-Family Home for sale at $550,000 with a lot size of 0.04. 48 1/2 3rd St has 6 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 07107 which is in Newark City, NJ