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21-25 Willoughby St
Newark, NJ 07112
Multifamily Property For Sale
·
18 Units
Investment Highlights
- 18-unit multifamily investment property in Newark, New Jersey.
- The property was fully renovated in 2019.
- Surveillance camera system throughout the common areas.
- Building has two entrances, and the unit mix consists of 10 one bedroom and 8 studio apartments.
- Tenants are responsible for paying their own separately metered gas heat and electric.
- Located in the quiet residential neighborhood Weequahic with easy access to Route 78.
Property Facts
| No. Units | 18 | Lot Size | 0.09 AC |
| Property Type | Multifamily | Building Size | 7,495 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1920/2018 |
| Zoning | R2 | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 7,495 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1920/2018 |
| Zoning | R2 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
| 1+1 | 10 | - | - |
Property Taxes
| Parcel Number | 14-03053-01-00012 | Improvements Assessment | $50,000 |
| Land Assessment | $240,000 | Total Assessment | $290,000 |
Property Taxes
Parcel Number
14-03053-01-00012
Land Assessment
$240,000
Improvements Assessment
$50,000
Total Assessment
$290,000
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