Property

Newark City, NJ 07108 85 Farley Ave # 3

Pending
85 Farley Ave # 3 Newark City, NJ - Image 185 Farley Ave # 3 Newark City, NJ - Image 2
Presented By: EXP REALTY, LLC; 973-220-3956
  • MLS# 3929406
  • 10/15/2024
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  • Beds • 11
  • Baths • 6
  • SQFT • 2,964
  • Garage • 1

Home Details

15years young desirable income property. Spacious newer construction well maintained 3 family. New Central Heat 1st and 2nd floors. New Central Air 2nd floor unit. Newer hot water heaters 1st & 2nd floor units. First floor 2 BRS and 2 FULL BATHS. Second & Third floors 3 BRS and 2 FULL BATHS. Private laundry all 3 Units. Fenced in back & front of house. Attached garage. Private parking. Make this your next dream home. Quiet neighborhood. Plenty of street parking. 13% Cap Rate. Close to local highways and transportation.
Presented By: EXP REALTY, LLC; 973-220-3956

Interior Features for 85 Farley Ave # 3

Bedrooms

Total Bedrooms11
Unit 1 Beds Total2
Unit 2 Beds Total3
Unit 3 Beds Total3

Bathrooms

Half Baths0
Unit 1 Baths Total2.0
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
UnitType1TotalRent1256
UnitType2TotalRent1425
UnitType3TotalRent1500
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbMDet, CookGas, Dishwshr, FireAlrm, InstHotW, KitExhFn, RgOvGas, SmokeDet
Unit 2 Appl/EquipCarbMDet, CookGas, Dishwshr, FireAlrm, KitExhFn, RgOvGas, SmokeDet
Unit 3 Appl/EquipCarbMDet, CookGas, Dishwshr, FireAlrm, KitExhFn, RgOvGas, SmokeDet
BasementFinished-Partially
Fuel TypeElectric, Gas-Natural

Other Rooms

Unit 2 Rooms5
Unit 1 Rooms4
Unit 3 Rooms5
Unit 3 Room DescriptionBedrooms, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom
Unit 1 Room DescriptionBedrooms, Kitchen, Living/Dining Room, Master Bedroom, Utility Room
Unit 2 Room DescriptionBedrooms, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom

General for 85 Farley Ave # 3

Architectural Style3-Three Story
Cooling3 Units, Central Air
CountyEssex
DirectionsHead southwest on Broad St toward Market St / County Hwy-510 Keep straight to get onto Clinton Ave Turn right onto Farley Ave
Drive2 Car Width, Blacktop, Driveway-Shared
EasementUnknown
Elementary SchoolCLEVELAND
ExclusionsExcluding washing machines and dryers.
Exterior FeaturesEnclosed Porch(es), Metal Fence
Farm AssessmentNo
Full Baths6
GarageBuilt-In Garage
Garage Spaces1
Gross Income
Heating3 Units, Forced Hot Air
High SchoolUNIVERSITY
Home Warranty Y/NYes
Interior FeaturesIntercom, Smoke Detector, Walk-In Closet, Wood Floors
Middle/Junior High SchoolHAWTHORNE
Net Operating Income
NumberOfUnitsTotal3
Open Parking Spaces2
Operating Expense0
Possessionat closing
RoofAsphalt Shingle
ServicesCable TV Available, Garbage Included
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount10468
Tax Assessed Value280800
Tax Lot17.02
Tax Year2023
Total Rooms14
Town #1614
TownshipNewark City
Unit Number3
UtilitiesElectric, Gas-Natural
Water HeaterGas
Year Built2010
ZoningR-2

Exterior for 85 Farley Ave # 3

Building Area Total2964
Exterior DescriptionBrick
Lot Dimensions3700 SF
Lot Size Acres0.08
Water SourcePublic Water

Additional Details

Price History

Schools

High School University High School
Elementary School Cleveland Elementary School
Middle School Hawthorne Middle School

Derrick Sims

Associate
Price $752,500
MLS#3929406
List Date 10/15/2024
Property Type Pending
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