280 S 6th St

Newark City, NJ
$ 429,000 Beds 7 Baths 4
Monthly Estimate* How much can I afford?

Location! Location!! Location!!! Great investment opportunity to purchase this turn-key income producing 3-family with bonus finished basement. The home was gutted with new electric and plumbing in 2007. Separate utilities with strong rental history. 1st floor has 3 bedrooms 1 bath, 2nd floor has 3 bedrooms 1 bath, 3rd floor has 1 bedroom. The finished basement has a full bath, and is a walkout. 3rd floor is currently vacant. 1st and 2nd floor units are month-to-month. Blocks from Rutgers University & NJIT; Less than 10 minutes to downtown, home to Newark Penn Station, Whole Foods, NJPAC & Prudential Center; Quick & easy access to NY Penn Station, the World Trade Center & Newark Airport.

Multi-Family

  • Price
  • $ 429,000
  • Lot Size
  • 2,614 SqFt
  • Bedrooms
  • 7
  • Full Bathrooms
  • 4
  • Year Built
  • 1930
  • Half Bathrooms
  • 0
  • City, Zip
  • Newark City
  • Taxes
  • $ 8158
  • County
  • ESSEX
  • Style
  • 3-Three Story
  • Area
  • Newark City
  • MLS#
  • 3703247
  • Zip
  • 07103
Listing Provided by: REALMART REALTY
Data Source: Garden State MLS

Features

General

Architectural Style 3-Three Story
Basement Finished, Full, Walkout
Cooling None
Drive None
Heating 3 Units
Roof Asphalt Shingle, Flat
Sewer Public Sewer
Tax Annual Amount 8158
Total Units 3
Town # 1614
Township Newark City
Utilities Electric, Gas-Natural
Water Heater Gas
Zoning multi

Interior Features

Fuel Type Gas-Natural
Unit 1 Appl/equip Range/Oven - Gas
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 1 Handicap Modified No
Unit 1 Levels 1
Unit 1 Room Description Bedrooms, Eat-In Kitchen, Living Room
Unit 1 Rooms 5
Unit 2 Appl/equip Range/Oven - Gas
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 2 Handicap Modified No
Unit 2 Levels 1
Unit 2 Room Description Bedrooms, Eat-In Kitchen, Living Room
Unit 2 Rooms 5
Unit 3 Appl/equip Range/Oven - Gas
Unit 3 Baths Total 1.0
Unit 3 Beds Total 1
Unit 3 Handicap Modified No
Unit 3 Levels 1
Unit 3 Room Description Bedrooms, Eat-In Kitchen, Living Room
Unit 3 Rooms 3
Unittype1totalrent 1100
Unittype2totalrent 1089

Exterior Features

Exterior Description Aluminum Siding, Brick
Lot Dimensions 25X100
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Moorestown, NJ office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/7/2021 Listed $449,000
4/30/2021 5% - $429,000

Property vs Zip Code Average in 07103

Price
AVG $470K
$430K
Taxes
AVG $6,441
$8,158
Visits
AVG 71
53
Year Built
AVG 1935
1930

Map

280 S 6th St Newark City, NJ is a Single Family Home for sale at $429000 and a lot size of 2,614 SqFt Acre(s). 280 S 6th St Newark City has 7 bedrooms, 4 baths and was built in 1930. The property's zip code is 07103 which is in Newark City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.