Property
Newark City, NJ 07108 68 Cypress St
$799,999
Pending
32 more
Presented By: UNITED REAL ESTATE; 888-501-6953
Beds • 8
Baths • 6
SQFT • 5,400
Garage • 2
Home Details
Your investment search ends here! This well-maintained property, built in 2009, offers a fantastic investment opportunity for both seasoned investors and first-time buyers looking to generate rental income.**Property Features:**- **Legal 3-Family Layout:** Each unit is thoughtfully designed to maximize space and comfort, featuring separate entrances, kitchens, and living areas.- **Strong Rental History:** Benefit from consistent cash flow with current tenants in place, or explore the potential for increased rental income.- **Spacious Units:** Generous living spaces with ample natural light, providing a welcoming atmosphere for residents.- **Convenient Location:** Situated in a vibrant neighborhood, this property is close to public transportation, shopping, dining, and local schools, making it appealing to renters.- **Low Maintenance:** The property has been well cared for, ensuring minimal upkeep for the new owner.Seller not responsible for vacating tenants.
Presented By: UNITED REAL ESTATE; 888-501-6953
Interior Features for 68 Cypress St
Bedrooms
Total Bedrooms8
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
UnitType1TotalRent1500
UnitType2TotalRent2275
UnitType3TotalRent2275
Unit 3 Fireplaces
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, Smoke Detector
Unit 2 Appl/EquipCarbMDet, CookGas, Refrig, SmokeDet
Unit 3 Appl/EquipCarbMDet, CookGas, Refrig, SmokeDet
Fuel TypeGas-Natural
Other Rooms
Unit 2 Rooms7
Unit 1 Rooms6
Unit 3 Rooms7
Unit 3 Room DescriptionBedrooms, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Family Room, Kitchen
Unit 2 Room DescriptionBedrooms, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom
General for 68 Cypress St
Architectural Style3-Three Story
Cooling3 Units, Central Air
CountyEssex
DirectionsPlease use GPS
Drive2 Car Width
EasementUnknown
Full Baths6
GarageAttached Garage, Built-In Garage
Garage Spaces2
Gross Income
Heating3 Units, Forced Hot Air
Net Operating Income
Number Of Units Total3
Open Parking Spaces4
Operating Expense0
Possession0
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount12835
Tax Assessed Value337500
Tax Lot47
Tax Year2024
Total Rooms20
Town #1614
TownshipNewark City
UtilitiesElectric, Gas-Natural
Year Built2009
Exterior for 68 Cypress St
Building Area Total5400
Exterior DescriptionBrick
Lot Dimensions51.8X98.5 AVG.
Lot FeaturesIrregular Lot
Lot Size Acres0.12
Water SourcePublic Water
Additional Details
Price History
Charles Torres
Owner