188 N 11th St
Newark City, NJ 07107
Price: $599,999
GSMLS: 3976757Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 7
Baths: 3 Full
Garage: No
Year Built: 1907
Acres: 0.06
Property Tax: $7,712
Description
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.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
12
Basement:
Yes - Finished-Partially
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
25 X 100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
1 Car Width
Spaces Available:
1
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CeilFan,CookElec,InstHotW,Refrig
Utilities:
Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CeilFan,CookElec,InstHotW,Refrig,SeeRem
Utilities:
Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Kitchen
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookElec,InstHotW,Refrig,SeeRem
Utilities:
Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units
Heating Fuel:
Gas-Natural, Oil Tank Below Ground
Cooling:
See Remarks
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Available
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
BARRINGER
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
Lower Roseville
Financial Considerations
List Price:
$599,999
Tax Amount:
$7,712
Land Assessment:
$27,500
Build. Assessment:
$175,300
Total Assessment:
$202,800
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3976757
List Date:
07-22-2025
Days On Market:
0
Listing Broker:
OPTION 1 REALTY GROUP, LLC
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MeadowsRoxbury.com
