Log In/Sign Up
Your email has been sent.
18 Jay St
Newark, NJ 07103
Multifamily Property For Sale
·
16 Units
Investment Highlights
- Mark-to-Market Upside
- Excellent Regional Connectivity
- University Heights Location
Property Facts
| Price Per Unit | $150,000 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.20% | Lot Size | 0.07 AC |
| Gross Rent Multiplier | 10.1 | Building Size | 9,178 SF |
| No. Units | 16 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1930 |
| Zoning | N/Av, Newark City | ||
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| Cap Rate | 6.20% |
| Gross Rent Multiplier | 10.1 |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 9,178 SF |
| Average Occupancy | 95% |
| No. Stories | 4 |
| Year Built | 1930 |
| Zoning | N/Av, Newark City |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Refrigerator
- Oven
- Range
- Views
Site Amenities
- 24 Hour Access
- Picnic Area
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 16 | - | 490 |
Property Taxes
| Parcel Number | 14-02851-0000-00043 | Improvements Assessment | $930,000 |
| Land Assessment | $320,000 | Total Assessment | $1,250,000 |
Property Taxes
Parcel Number
14-02851-0000-00043
Land Assessment
$320,000
Improvements Assessment
$930,000
Total Assessment
$1,250,000
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
