Listing Provided Courtesy Of:
Coldwell Banker, Tenafly
Address
216-218 Sunset Avenue, Newark, NJ
Price
$ 729,900
Property Attributes
  • ID#22011942
  • TypeMulti-Family
  • CountyESSEX
  • CityNewark
  • AreaNewark
  • Zip07106
  • Style4 Family
  • Year Built1950
  • Taxes$ 12500
  • Price$ 729,900
  • Bedrooms9
  • Full Bathrooms4
  • Half Bathrooms0
Data Source:
New Jersey MLS (NJMLS)
Property Description

Income producing legal 4 family in Newark! Cap rate at asking is over 5%. PNL is located in the docs section. Separate utilities. Three units are 2bed/1bath and one unit is 3bed/1bath. Parking for 6 located in rear of building.

Price History
4/8/2022 Listed $749,000
5/24/2022 3% - $729,900

General Features

Area 0714
Basement Prt Finished
Garage Park Space
Laundry Y/N None
Miscellaneous None
Proptype 2
Rooms 12
Status ACTIVE
Style 4 Family
Tax 12500
Utilities Sep Elec, Sep Gas, Sep Heat, Sep Water
Views/Exposure None
Waterfront None
Year Built 1950's, Renovated

Interior Features

Fireplace None
Heating/Cooling Gas, Hot Water
Total Bedrooms 9

Exterior Features

Exterior Finish Brick, Vinyl
Flood Plain None
Substyle Sde/Sde

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 07106

Price
AVG $490K
$730K
Taxes
AVG $6,302
$12,500
Visits
AVG 28
22
Year Built
AVG 1944
1950
Walkscore
AVG 69
65
Data Provided by Walkscore ® not using MLS data

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