127 Park Ave Newark City, NJ ^$ 619,000

127 Park Ave

^$ 619,000

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Recently Listed

127 Park Ave

Newark City, NJ, 07017

^$ 619,000

Bedrooms7 Baths3.0

Monthly Estimate*

^$ 4,114

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Multi-Family Home for sale in Newark City, NJ for $619,000 with 7 bedrooms and 3 full baths. The lot size is 0.06.

Welcome to 127 Park Ave, Newark! This newly renovated 2-family home offers a prime location near parks, schools, and transportation. Each unit features 3 bedrooms and 1 bathroom, ideal for comfortable living. Additionally, there's a bonus unit with 1 bedroom, 1 bathroom, and open space, perfect for a home office or guest suite. Enjoy updated kitchens, modern amenities, and a private backyard for outdoor gatherings. Don't miss the opportunity to own this meticulously maintained property with income potential in a thriving real estate market.

Multi-Family Active

Price

^$ 619,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,240

Style

2-Two Story

Lot Size

0.06

Town/City

Newark City

County/Region

ESSEX

MLS | Web ID

3900983

Features

General

Sewer Public Sewer

Heating 3 Units

Cooling 3 Units

Utilities All Underground

Possession at closing

Roof Asphalt Shingle

Garage Spaces 0

Architectural Style 2-Two Story

Exclusions staging

Township Newark City

Tax Year 2023

Gross Income 9999

County Essex

Net Operating Income 9996

Operating Expense 9999

Total Rooms 17

Status Active

Directions Highland Ave to Park Avenue

Open Parking Spaces 0

Total Units 2

Street Name Park Ave

Tax Annual Amount 6240

Drive Off-Street Parking

Days on Market 5

Standard Status Active

Tax Assessed Value 167400

Town # 1614

Tax Lot 37

Interior

Basement Unfinished

Unit 1 Baths Total 1.0

Unit 1 Beds Total 3

Unit 2 Baths Total 2.0

Unit 2 Beds Total 4

Fuel Type Gas-Natural

Full Baths 3

Half Baths 0

Total Bedrooms 7

Exterior

Water Source Public Water

Exterior Description Aluminum Siding

Lot Dimensions 24.10X100

Lot Size Acres 0.06

* Excluded Features

List By

TOVIA LICHTMAN

Listing Agent

Keller Williams Mid-Town Direct

Broker

Tovia@thelichtmanteam.com

Affordability Calculator

$4,634

Per Month

Monthly Principal & Interest: $4,114
Monthly Property Taxes: $520
Monthly Home Insurance: --

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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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Nearby

Trends
Schools

Multi-family listings in Newark, NJ

Average List Price ^$675,962

Percent of Sale Price 9%

About Newark, NJ

283,201 Population

4% Since 2002

^$35,768 Median Income

34.98 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/9/2024	$619,000		Listed Price

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127 Park Ave, Newark City, NJ, 07017 is a Multi-Family Home for sale at $619,000 with a lot size of 0.06. 127 Park Ave has 7 bedrooms and 3.0 baths. The property's zip code is 07017 which is in Newark City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

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.

This information is being provided 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.

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