Property
Newark City, NJ 07108 83 Magnolia St
$309,900
6 more
Presented By: AMERICAN REALTY SERVICES GROUP; 973-258-0888
Beds • 3
Full/Half Baths • 1 / 1
SQFT • 1,516
Garage • 1
Home Details
Investor Alert! This 28-year-old single-family townhouse is a rare opportunity. It generates $18,720 in annual rental income and has had a reliable tenant in place since 2018. Offering 1,500 sq ft of living space, this home features 3 bedrooms, 1.5 bathrooms, a 1-car garage, and a private driveway. Enjoy the comfort of central air and heat, a spacious backyard, and low annual taxes of just $4,613.Whether you're a seasoned investor or just getting started, this property is a solid addition to any portfolio. With stable cash flow and minimal upkeep, it's a no-brainer!
Presented By: AMERICAN REALTY SERVICES GROUP; 973-258-0888
Interior Features for 83 Magnolia St
Bedrooms
Total Bedrooms3
Bathrooms
Half Baths1
Kitchen
Kitchen FeaturesEat-In Kitchen
Other Interior Features
BasementSlab
Fuel TypeGas-Natural
Total Fireplaces
Other Rooms
Level 2 Rooms3 Bedrooms
Level 1 RoomsDining Room, Kitchen, Living Room
Kitchen FeaturesEat-In Kitchen
General for 83 Magnolia St
AppliancesSee Remarks
Architectural StyleColonial
Community LivingNo
CoolingCentral Air
CountyEssex
DirectionsBergen St to Magnolia St
Drive1 Car Width
EasementUnknown
Elementary SchoolCLEVELAND
Full Baths1
GarageAttached Garage
Garage Spaces1
HeatingForced Hot Air
High SchoolCENTRAL
Middle/Junior High SchoolCLEVELAND
OwnershipFee Simple
Possessionper lease
Primary StyleColonial
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Sub Property TypeSingle Family
Tax Annual Amount4613
Tax Assessed Value121300
Tax Lot1.30
Tax Year2024
Total Rooms6
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Year Built1997
Exterior for 83 Magnolia St
Exterior DescriptionComposition Shingle, Vinyl Siding
Lot Dimensions2500 SF.
Lot Size Acres0.06
Water SourcePublic Water
Additional Details
Price History
Schools
High School
Central High School
Middle School
Cleveland Middle School
Elementary School
Cleveland Elementary School
Tina Torres
Broker/Owner