197 Schuyler Ave | Newark, NJ 07112
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- LoopNet Team
197 Schuyler Ave
Newark, NJ 07112
Multifamily Property For Sale
·
20 Units
Investment Highlights
- The property is currently operating with a net operatng income of $152,776 and an inplace cap rate of 6.11%
- Newly renovated with with modern finishes including, hardwood floors, new appliances, counter tops and newly finished bathrooms, seperately metered
- The property is located a half mile from the Maple Ave bus stop which offers a direct ride into the city.
- 15 miles from NYC
Property Facts
| No. Units | 20 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 10,480 SF |
| Property Subtype | Apartment | Average Occupancy | 90% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1942/2020 |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 10,480 SF |
| Average Occupancy | 90% |
| No. Stories | 3 |
| Year Built/Renovated | 1942/2020 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Hardwood Floors
Property Taxes
| Parcel Number | 14-03632-0000-00029 | Improvements Assessment | $565,900 |
| Land Assessment | $360,000 | Total Assessment | $925,900 |
Property Taxes
Parcel Number
14-03632-0000-00029
Land Assessment
$360,000
Improvements Assessment
$565,900
Total Assessment
$925,900
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