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    342 Irvine Turner Blvd

    Newark City, NJ 07108
    • $615,000
    • STATUS: Active
    • ON SITE: 23 days
    • MLS #: 3660064
    $615,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,999
      SQFT
    • $62
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1952
    County:
    Area:

    School Ratings & Info

    Description

    Three-story A-Frame style walk-up offering 1-Bed/2-Bed unit mix. Tenants pay own separately metered utilities; electric, cooking gas, heat and hot water. Year 2019 featured capital improvements entailing roofing upgrade, new 75 gal. hot water heater and resurfaced main entrance, as well as renovated kitchens & baths plus upgraded bathroom electrical in 3 of 6 units. New ownership has the opportunity to benefit via rental income upside from stabilization of 3 vacant/turnkey units at market rates.

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    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lane Team | Compass New Jersey LLC. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Lane Team | Compass New Jersey LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-09-21T22:46:32.343.
    www.laneteam.com/homes/109505854
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    342 Irvine Turner Blvd Newark City, NJ 07108

    • Price: $615,000
    • Status: Active
    • MLS #: 3660064
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    9,999
    SQFT
    $62
    $/SQFT
    1952
    Built
    Neighborhood:
    Lower Clinton Hill
    County:
    Essex
    Area:
    Newark City
    Property Description
    Three-story A-Frame style walk-up offering 1-Bed/2-Bed unit mix. Tenants pay own separately metered utilities; electric, cooking gas, heat and hot water. Year 2019 featured capital improvements entailing roofing upgrade, new 75 gal. hot water heater and resurfaced main entrance, as well as renovated kitchens & baths plus upgraded bathroom electrical in 3 of 6 units. New ownership has the opportunity to benefit via rental income upside from stabilization of 3 vacant/turnkey units at market rates.
    Exterior Features

    Approximate Lot Size 37X146.3 Available Parking Spaces 6 Construction Wood Exterior Description Vinyl Siding Location FreestandingResidential Area Number Of Bays 0 Number Of Docks 0 Parking Driveway Description FencingHard SurfaceOff-Street Parking Roof Description Asphalt Shingle

    Interior Features

    Basement Yes Basement Description FullSlabUnfinished Cooling No Cool Equipment Available AppliancesIntercomSmoke Detector Floors TileWood Heating 4 UnitsForced Hot Air Max Ceiling Height 0 Max Door Height 0 Number Of Doors 0 Number Of Lavatories 6 Office Sq Ft 9999

    Property Features

    DEPStatus Unknown Expenses Include See Remarks For Sale Or Lease For Sale Free Rent No Fuel Type Gas-Natural Gross Operating Income 9999 Lease Includes Building InsuranceSewerTaxesTrash RemovalWater Lease Type Modified Monthly Maintenance Fee 0 Net Operating Income 46107 Number Of Volts 240 Owner Pays SewerSnow RemovalTrash RemovalWater Permitted Use Apartment Rentals Primary Property Type Apartment Complex Prior Use Apartment Rentals Property Type Apartment Complex Sale Includes Building & Land Sewer Public Sewer Suite Number 1 Tax Amount 9771 Tax Rate Amount 3.761 Tax Rate Year 2020 Tax Year 2020 Tenant Pays ElectricGasHeatHot Water Total Operating Expense 9999 Utilities ElectricGas-Natural Utilities Paid By Tenant Water Public Water Year Built Description Approximate Zoning R-3

    Listing information © 2020 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Coldwell Banker Realty.


    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lane Team | Compass New Jersey LLC. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Lane Team | Compass New Jersey LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-09-21T22:46:32.343.
     
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    The Lane Team | Compass New Jersey LLC
    28 Valley Road
    Upper Montclair NJ, 07052