Property
Newark City, NJ 07107 188 N 11Th St
$599,999
Presented By: OPTION 1 REALTY GROUP, LLC; 973-623-1001
Beds • 7
Baths • 3
Home Details
Prime Investment Opportunity " Newark, NJ. Discover the perfect blend of value and versatility with this three-family home located in one of Newark's most desirable neighborhoods. Situated in a high-demand rental area with convenient access to major transportation routes, shopping, dining, and local attractions, this property offers strong investment potential and long-term growth. Each unit features separate utilities, providing ease of management and cost efficiency: Unit 1: 3 bedrooms 1 bath. Unit 2: 3 bedrooms 1 bath. Unit 3: 1 bedroom 1 bath. Whether you're a savvy investor looking to expand your portfolio or an owner-occupant seeking supplemental income, this property delivers. Live in one unit and let your tenants help pay the mortgage a smart move in today's competitive market. Don't miss this exceptional opportunity to own a flexible, income-generating property in the heart of Newark's revitalization.
Presented By: OPTION 1 REALTY GROUP, LLC; 973-623-1001
Interior Features for 188 N 11Th St
Bedrooms
Total Bedrooms7
Unit 1 Beds Total3
Unit 2 Beds Total3
Unit 3 Beds Total1
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
UnitType1TotalRent0
UnitType2TotalRent1600
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/EquipCeilFan, CookElec, InstHotW, Refrig
Unit 2 Appl/EquipCeilFan, CookElec, InstHotW, Refrig, SeeRem
Unit 3 Appl/EquipCookElec, InstHotW, Refrig, SeeRem
BasementFinished-Partially
Fuel TypeGas-Natural, Oil Tank Below Ground
Other Rooms
Unit 2 Rooms5
Unit 1 Rooms5
Unit 3 Rooms3
Unit 3 Room DescriptionBedrooms, Kitchen
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
General for 188 N 11Th St
Architectural Style3-Three Story
CoolingSee Remarks
CountyEssex
DirectionsRoseville Avenue to Fourth Street to No. 11th Street
Drive1 Car Width
EasementNo
Full Baths3
Gross Income
Heating3 Units
High SchoolBARRINGER
Net Operating Income
Number Of Units Total3
Open Parking Spaces1
Operating Expense
PossessionImmediately
RoofAsphalt Shingle
SewerPublic Available
Standard StatusActive
StatusActive
Subdivision NameLower Roseville
Tax Annual Amount7712
Tax Assessed Value202800
Tax Lot16
Tax Year2024
Total Rooms12
Town #1614
TownshipNewark City
UtilitiesElectric, Gas-Natural
Year Built1907
Exterior for 188 N 11Th St
Exterior DescriptionVinyl Siding
Lot Dimensions25 X 100
Lot Size Acres0.06
Water SourcePublic Water
Additional Details
Price History
Schools
High School
Barringer High School
Middle School
N/A
Elementary School
N/A
Aneesa Pinheiro
Associate