794 Bergen Street

Newark City, NJ 07108


 

Price: $759,999

GSMLS:  3905487
Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 8
Baths: 3 Full
Garage: No
Year Built: 1902
Acres: 0.00
Property Tax: $8,017
Description
Discover The Epitome Of Investment Opportunity With This Impeccably Maintained 3-family Residence Nestled In The Heart Of Newark, Nj's Most Sought-after Locale. Property Rents Will Cover The Entire Mortgage No Matter Fha, Va, Conventional, Or Cash . Boasting Not Only Recently Renovated Units But Also Immense Potential For Added Value, This Property Stands As A Beacon For Discerning Investors. With Tenants Currently On Month-to-month Leases, The Door Is Wide Open For Strategic Upgrades And Rental Rate Adjustments To Maximize Your Returns.situated In A Prime Commuter-friendly Area, Convenience Is Paramount. Bus Stops Conveniently Stationed Plus A New School Across The Street And A New Police Academy A Mere Block Away, Safety And Education Are Prioritized.as Newark's Landscape Undergoes Rapid Revitalization, Investing In This Property Means Positioning Yourself At The Forefront Of Growth And Development. Seize The Opportunity To Own A Piece Of Newark's Promising Future. Property Qualifies For Newark Live Grant : Provides $20,000 No-interest Loans To First-time Homebuyers To Purchase A Home In Newark. Over A Five-year Period, 20 Percent Of The Loan Is Forgiven For Each Full Year In Which The Recipient Has Lived In The Home.municipal Employee Housing Assistance Programthis Program Is Similar To The Live Newark Closing Cost Program.. It Provides $20,000 No-interest Forgivable Loans To Purchase A Home In Newark
General Info
Style:
3-Three Story
SqFt Building:
2,816
Total Rooms:
9
Basement:
Yes - Full
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
n/a
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
See Remarks
Parking:
On-Street Parking, See Remarks
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
See Remarks
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
See Remarks
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
See Remarks
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
See Remarks
Heating Fuel:
See Remarks
Cooling:
See Remarks
Water Heater:
See Remarks
Water:
See Remarks
Sewer:
See Remarks
Utilities:
See Remarks
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$759,999
Tax Amount:
$8,017
Land Assessment:
$18,500
Build. Assessment:
$196,100
Total Assessment:
$214,600
Tax Rate:
0.10
Tax Year:
2022
Listing Information
MLS ID:
3905487
List Date:
05-31-2024
Days On Market:
111
Listing Broker:
WEICHERT REALTORS
Listing Agent:
Isaiah Springer
 

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RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
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Fax: (973) 598-1908


Shawn and Diane Fox