Property
Newark City, NJ 07104 564 Broadway
$865,000
24 more
Presented By: C-21 SEMIAO & ASSOCIATES; 201-991-1300
Beds • 7
Baths • 4
Home Details
GREAT INVESTMENT OPPORTUNITY!! WELL MAINTAINED/ GOOD CONDITION FOUR FAMILY LOCATED IN THE CENTER OF NORTH NEWARK. Fully occupied and generating $5,575/month in rental income. Low property taxes make this an excellent investment opportunity. Units feature hardwood floors, high ceilings, a Huge living room/dining room, and are in good condition. Owner pays heat for Units 2,3, and 4 (avg. $200/month). Unit 1 has central A/C installed less than 5 years ago. Annual insurance $4,300. Strong cash flow with stable tenants in place. Convenient North Ward location near schools, shops, and transportation.
Presented By: C-21 SEMIAO & ASSOCIATES; 201-991-1300
Interior Features for 564 Broadway
Bedrooms
Total Bedrooms7
Unit 1 Beds Total2
Unit 2 Beds Total2
Unit 3 Beds Total2
Unit 4 Beds Total1
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Unit 4 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 4 Sq Ft0
Unit 1 Levels1
Unit 2 Levels2
Unit 3 Levels3
Unit 4 Levels4
UnitType1TotalRent1400
UnitType2TotalRent1400
UnitType3TotalRent1600
Unit 4 Fireplaces0
Unit 4 Appl/EquipKitchen Exhaust Fan, Range/Oven - Gas
Unit 3 Fireplaces
Unit 3 Handicap ModifiedNo
Unit 4 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipKitchen Exhaust Fan, Range/Oven - Gas
Unit 2 Appl/EquipKitchen Exhaust Fan, Range/Oven - Gas
Unit 3 Appl/EquipKitchen Exhaust Fan, Range/Oven - Gas
BasementFinished
Fuel TypeGas-Natural
Other Rooms
Unit 4 Rooms3
Unit 2 Rooms4
Unit 1 Rooms5
Unit 3 Rooms5
Unit 3 Room DescriptionBedrooms, Kitchen, Living/Dining Room
Unit 1 Room DescriptionBedrooms, Kitchen, Living/Dining Room
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Living/Dining Room
Unit 4 Room DescriptionBedrooms, Kitchen, Living/Dining Room
General for 564 Broadway
Architectural StyleSee Remarks
Cooling1 Unit, Central Air, Wall A/C Unit(s), Window A/C(s)
CountyEssex
DirectionsBetween Chester Ave E and Delavan Ave
DriveNone
EasementUnknown
Full Baths4
Gross Income
Heating2 Units, Forced Hot Air, Radiators - Hot Water
Net Operating Income
Number Of Units Total4
Open Parking Spaces
Operating Expense
PossessionTBD
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount6514
Tax Assessed Value171300
Tax Lot63
Tax Year2024
Total Rooms17
Town #1614
TownshipNewark City
UtilitiesSee Remarks
Water HeaterGas
Year Built1920
Exterior for 564 Broadway
Exterior DescriptionVinyl Siding
Lot Dimensions27.3X104.6
Lot Size Acres0.07
Water SourcePublic Water
Additional Details
Price History
Charles Torres
Owner