Investment opportunity in North Newark! Licensed rooming house with 18 units near Branch Brook Park. Grossing $133k/year and 8.4 cap rate. Ideal for steady cash flow and appreciation!
Courtesy of REAL.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Lot Size
0.1 Acres
Year Built
1900
MLS Number
3930402
30 Days Snapshot Of 07104
$
+10%
(avg) sold price
5
-16%
homes sold
78
+56%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full, Yes
Building
Built in 1900
Cooling
Window A/C(s)
Exterior Features
See Remarks
Water Features
Public Water
Heating
Gas-Natural, 1 Unit, Baseboard - Electric
Lot
Approximate Lot Size: 4500 SF, 0.1 acres
Roof
See Remarks
Sewer
Public Sewer
Taxes
Annual Tax Amount: $11,817, Tax Rate: 3.728
Utilities
All Underground
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