Log In/Sign Up
Your email has been sent.
204 Parkhurst St. Newark, NJ 07114 204 Parkhurst St 5 Unit Apartment Building $1,195,000 ($239,000/Unit) Newark, NJ 07114
EXECUTIVE SUMMARY
Excellent investment opportunity in Newark's fast developing Ironbound District. Property is a fully rented 5 family featuring separate utilities and updated units. Perfect for an owner occupant or opportunity for added income for investor. Located minutes from Newark Penn Station, major highways, and Newark International Airport. Take advantage of great rents, a strong rental demand, easily accessible amenities, restaurants, parks and schools. Don't miss this chance to invest in a growing neighborhood with long-term upside.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$100,380
|
$10.04
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$100,380
|
$10.04
|
| Taxes |
$12,060
|
$1.21
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$12,060
|
$1.21
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $100,380 |
| Annual Per SF | $10.04 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $100,380 |
| Annual Per SF | $10.04 |
| Taxes | |
|---|---|
| Annual | $12,060 |
| Annual Per SF | $1.21 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $12,060 |
| Annual Per SF | $1.21 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $1,195,000 | Building Class | B |
| Price Per Unit | $239,000 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 9,999 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1970/2018 |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Zoning | MX2 - multi-family | ||
| Price | $1,195,000 |
| Price Per Unit | $239,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 9,999 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1970/2018 |
| Opportunity Zone |
Yes |
| Zoning | MX2 - multi-family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Storage Space
- Ceiling Fans
- Crown Molding
- Eat-in Kitchen
- Kitchen
- Oven
- Tub/Shower
- Basement
- Den
- Dining Room
- Family Room
- Island Kitchen
- Linen Closet
- Office
- Pantry
- Large Bedrooms
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 14-01164-0000-00041 | Total Assessment | $323,500 (2025) |
| Land Assessment | $100,000 (2025) | Annual Taxes | $12,060 ($1.21/SF) |
| Improvements Assessment | $223,500 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
14-01164-0000-00041
Land Assessment
$100,000 (2025)
Improvements Assessment
$223,500 (2025)
Total Assessment
$323,500 (2025)
Annual Taxes
$12,060 ($1.21/SF)
Tax Year
2024
1 of 27
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
204 Parkhurst St. Newark, NJ 07114 | 204 Parkhurst St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.