5 Elm St
Newark City, NJ 07102
Price: $899,000
GSMLS: 3950053Type: Multi-Family
Style: 3-Three Story, Fourplex
Total Units: 4
Beds: 8
Baths: 4 Full
Garage: No
Year Built: 1892
Acres: 0.03
Property Tax: $13,325
Description
Rare Opportunity To Own A Fully Brick 4 Family Home!!! Hot Location On The Border Of Downtown Newark And The Ironbound Section!each Floor Of The 4 Floors, Features A Spacious 2 Bedroom, 1 Bath, Kitchen/livingroom Per Floor. Plus An Unfinished Basement With A Newer Gas Boiler For The Hot, And 4 Hot Water Tanks. Separate Electric And Cooking Gas. All 4 Apartments Have Been Renovated Within The Past Few Years And Are In Decent Condition. Calling All Investors And End Users Alike! We Currently Have 1 Unit Vacant Ready To Move In! While Generating Income From The Other Units! Great Commuter Location, Close To Restaurants, Shopping And Much More!
General Info
Style:
3-Three Story, Fourplex
SqFt Building:
n/a
Total Rooms:
15
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle, Flat
Exterior:
Brick
Lot Size:
20.3X58
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 4
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Utilities
Heating:
1 Unit, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
None,WindowAC
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
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:
$899,000
Tax Amount:
$13,325
Land Assessment:
$28,100
Build. Assessment:
$322,300
Total Assessment:
$350,400
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3950053
List Date:
03-10-2025
Days On Market:
41
Listing Broker:
EXP REALTY, 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: MorrisCountyLiving.com
