302 Clinton Pl Newark City, NJ $ 750,000
302 Clinton Pl
$ 750,000
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302 Clinton Pl

Newark City, NJ, 07112
$ 750,000
Bedrooms9 Baths3.0

Monthly Estimate*

$ 4,985

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Multi-Family Home for sale in Newark City, NJ for $750,000 with 9 bedrooms and 3 full baths. The lot size is 0.16.

-SOLD AS IS CONDITION- Welcome to your next investment opportunity in Newark, NJ! This centrally located 4 Unit Residential Property offers convenience and potential. Situated within easy reach of local highways, grocery stores, laundromats, and even the airport, it promises unparalleled accessibility. Plus, with just a 30-minute commute to NYC, it's a prime spot for commuters seeking urban convenience with suburban tranquility. Each unit offers month-to-month leases, providing flexibility for future plans. While the property isn't owner-occupied, it's fully occupied, reflecting its desirability among tenants. Rest assured, it's been meticulously maintained, ensuring a seamless transition for the new owner. What truly sets this property apart is its location within an Opportunity Zone. This presents a unique chance to capitalize on tax incentives and potentially earn instant equity. Whether you're an experienced investor or diving into real estate for the first time, this opportunity zone status offers a lucrative edge. Don't miss out on the chance to add this gem to your investment portfolio. Explore the possibilities and secure your foothold in Newark's thriving real estate market today!

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Multi-Family Active

Price

$ 750,000

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 13,480

Style

Lot Size

0.16

Town/City

Newark City

County/Region

ESSEX

MLS | Web ID

3900227

Features
General
Sewer Public Sewer
Heating 4+ Units Forced Hot Air
Cooling Wall A/C Unit(s)
Possession AT CLOSING
Roof Asphalt Shingle
Architectural Style See Remarks
Township Newark City
Tax Year 2023
Gross Income 5300
County Essex
Net Operating Income 5300
Operating Expense 99999999
Total Rooms 10
Status Active
Directions Please use a GPS
Open Parking Spaces 7
Total Units 4
Street Name Clinton Pl
Tax Annual Amount 13480
Drive 1 Car Width
Days on Market 14
Standard Status Active
Tax Assessed Value 361600
Town # 1614
Tax Lot 12
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Interior
Basement Finished-Partially
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Unit 4 Baths Total 1.0
Unit 4 Beds Total 3
Fuel Type Electric
Full Baths 3
Half Baths 0
Total Bedrooms 9
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Exterior
Exterior Description Aluminum Siding
Lot Dimensions 59.9X114 AVG.
Lot Size Acres 0.16
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* Excluded Features
List By
Isaiah Springer

Listing Agent

Weichert Realtors

Broker

Short Hills

Office

Affordability Calculator

$6,108
Per Month
82%
18%
0%
Monthly Principal & Interest
$4,985
Monthly Property Taxes
$1,123
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
5/6/2024$750,000 Listed Price

Map


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302 Clinton Pl, Newark City, NJ, 07112 is a Multi-Family Home for sale at $750,000 with a lot size of 0.16. 302 Clinton Pl has 9 bedrooms and 3.0 baths. The property's zip code is 07112 which is in Newark City, NJ