94 96 S Devine Street

Newark City, NJ 07106


 

Price: $789,995

GSMLS:  3945967
Type: Multi-Family
Style: Fourplex
Total Units: 4
Beds: 8
Baths: 4 Full
Garage: 4-Car
Year Built: 1952
Acres: 0.10
Property Tax: $15,554
Description
Discover The Incredible Potential Of This Spacious Four-family Home, Thoughtfully Designed For Both Comfort And Investment. Each Unit Features Two Generously Sized Bedrooms With The Possibility Of Converting Some Of The Units To A 3 Bedroom, Providing Ample Living Space That Appeals To Homeowners And Renters Alike. The Modern, Well-equipped Kitchens And Move-in-ready Interiors Make This An Excellent Opportunity For Immediate Occupancy Or Rental Income. This Property Offers Even More Value With 2 Separate Partially Finished Basements, Ideal For Additional Storage Or Future Renovation To Further Enhance Its Value Potential. The Large Lot Includes Four Garages, Providing Convenient Parking For All Units Or The Option To Generate Extra Income. The Sprawling Backyard Is Perfect For Outdoor Gatherings, Adding To The Appeal Of This Fantastic Property. Location Is Key! Situated Just Seconds From The Garden State Parkway, This Home Offers Easy Access To Public Transportation, Making Commuting A Breeze. Plus, With A Beautiful Public Park Nearby, Residents Can Enjoy Outdoor Recreation Just Moments From Their Doorstep. All Units Are Currently Occupied With A Monthly Term. The Estimated Rent Roll For Each Unit Is $1,600-$1,800 Don't Miss This Exceptional Income-producing And Appreciation Opportunity! Whether You're An Investor Looking To Expand Your Portfolio Or A Homeowner Seeking Rental Income, This Property Is A Smart Financial Move.
General Info
Style:
Fourplex
SqFt Building:
n/a
Total Rooms:
16
Basement:
Yes - Unfinished
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors
Roof:
Rubberized
Exterior:
Vinyl Siding
Lot Size:
44X100
Lot Desc:
Level Lot
Parking
Garage Capacity:
4-Car
Description:
Detached Garage
Parking:
1 Car Width
Spaces Available:
4
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
2
Bathrooms:
2
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen
Levels:
4
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Utilities
Heating:
4+ Units, Baseboard - Electric, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
Electric
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground, Electric
Services:
n/a
School Information
Elementary:
SPEEDWAY
Middle:
SPEEDWAY
High School:
WEST SIDE
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
Vailsburg
Financial Considerations
List Price:
$789,995
Tax Amount:
$15,554
Land Assessment:
$19,300
Build. Assessment:
$389,700
Total Assessment:
$409,000
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3945967
List Date:
02-13-2025
Days On Market:
68
Listing Broker:
EXP REALTY, LLC
Listing Agent:
 

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Shawn and Diane Fox
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
Office: (973) 598-1008
Fax: (973) 598-1908


Shawn and Diane Fox