Property
Newark City, NJ 07103 423 S 10Th St
$599,999
Pending
10 more
Presented By: PROMINENT PROPERTIES SIR; 201-585-8080
Beds • 9
Baths • 5
Home Details
Welcome to this exceptional investment opportunity! This renovated three-family property not only offers a prime investment for savvy buyers but also includes a sustainable edge with solar panels to assist with electric bills. With two units set to be delivered vacant at closing, the possibilities are endless.Featuring an impressive layout, this property boasts two units with three bedrooms and two baths each, along with an additional unit offering three bedrooms and one bath. Whether you're an investor seeking strong rental potential or an owner-occupant aiming to reduce mortgage expenses significantly, this property caters to your needs. The recent renovations ensure modern comforts and aesthetics, making it an attractive choice for tenants or future homeowners alike. Property taxes have been appealed and will be reduced to an estimated $9000/ year. Changes should come into effect around August 2024 per tax collector. Please verify with tax collector for more details.
Presented By: PROMINENT PROPERTIES SIR; 201-585-8080
Interior Features for 423 S 10Th St
Bedrooms
Total Bedrooms9
Unit 1 Beds Total3
Unit 2 Beds Total3
Unit 3 Beds Total3
Bathrooms
Full Baths5
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total2.0
Unit 3 Baths Total2.0
Other Interior Features
Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
UnitType1TotalRent1550
UnitType2TotalRent0
UnitType3TotalRent0
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Unit 3 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
BasementFull, Unfinished
Fuel TypeGas-Natural
Other Rooms
Unit 2 Rooms5
Unit 1 Rooms5
Unit 3 Rooms5
Unit 3 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
General for 423 S 10Th St
Architectural Style3-Three Story
CoolingNone
CountyEssex
Days on Market18
Directions14th Ave to 10th Street
DriveOn-Street Parking
EasementUnknown
ExclusionsSeller's personal items
GarageOn-Street Parking
Gross Income
Heating3 Units, Forced Hot Air
Net Operating Income
NumberOfUnitsTotal3
Open Parking Spaces
Operating Expense
Possession60 days
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount13044
Tax Assessed Value349900
Tax Lot7
Tax Year2023
Total Rooms15
Town #1614
TownshipNewark City
UtilitiesAll Underground, Gas In Street
Water HeaterElectric, Gas
Year Built1908
Exterior for 423 S 10Th St
Exterior DescriptionVinyl Siding
Lot Dimensions25X100
Lot Size Acres0.06
Water SourcePublic Water
Additional Details
Price History
Tina Torres
Broker/Owner