153-155 Sunset Ave

Newark City, NJ 07106


 

Price: $860,000

GSMLS:  3949270
Type: Multi-Family
Style: 2-Two Story
Total Units: 4
Beds: 11
Baths: 8 Full
Garage: No
Year Built: 1920
Acres: 0.12
Property Tax: $10,085
Description
This Totally Renovated, Spacious 4-family Home Located In Newark. First Floor Consists Of 2 Two Family Homes, Each One Has 3 Bedrooms And 2 Full Baths. Second Floor Also Consists Of 2 Two Family Homes. One Is 3-bedroom 2 Full Bath And Another Is 2-bedroom 2 Full Bath. All 4 Are Occupied Now And Current Total Rent Is $7645/pm. 2 Tenants Will Be Leaving In May 2025.(rent Can Be Increased To $1000 More) Each Home Is Approx 1200 Sqft. Exterior And Interior Is Completely Redone In 2019. Open Parking Space Is Located At The Back Of The Building. Unfinished Full Basement. This Property Presents An Ideal Chance For Both Investors Or An Owner-occupant. Strong Rental Potential
General Info
Style:
2-Two Story
SqFt Building:
8,376
Total Rooms:
22
Basement:
Yes - Full, Unfinished, Walkout
Interior:
Blinds, Carbon Monoxide Detector, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
50.11X103 AVG.
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
1 Car Width, Parking Lot-Exclusive
Spaces Available:
6
Unit 1
Bedrooms:
3
Bathrooms:
2
Total Rooms:
7
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Family Room, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,FireAlrm,Microwav,RgOvGas,Refrig
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
7
Room Description:
Bedrooms, Dining Room, Family Room, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,FireAlrm,Microwav,RgOvGas,Refrig
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
2
Total Rooms:
7
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Family Room, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,FireAlrm,Microwav,RgOvGas,Refrig
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
2
Bathrooms:
2
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Family Room, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,FireAlrm,Microwav,RgOvGas,Refrig
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Utilities
Heating:
4+ Units, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
Cable TV
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:
$860,000
Tax Amount:
$10,085
Land Assessment:
$19,400
Build. Assessment:
$245,800
Total Assessment:
$265,200
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3949270
List Date:
03-04-2025
Days On Market:
47
Listing Broker:
GUARANTEED SALE
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