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295 Fairmount Ave
Newark, NJ 07103
Multifamily Property For Sale
·
6 Units
Investment Highlights
- solid investment
- Rents below market can be increased w modest capital improvements
- good upside potential
Property Facts
| No. Units | 6 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 6,213 SF |
| Property Subtype | Apartment | Average Occupancy | 83% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1950 |
| Zoning | Multi-Family - Class 4C redevelopment zone | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 6,213 SF |
| Average Occupancy | 83% |
| No. Stories | 3 |
| Year Built | 1950 |
| Zoning | Multi-Family - Class 4C redevelopment zone |
Amenities
Unit Amenities
- Heating
- Tile Floors
- Eat-in Kitchen
- Hardwood Floors
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $1,175 | - |
Property Taxes
| Parcel Number | 14-00277-0000-00016 | Improvements Assessment | $302,300 |
| Land Assessment | $80,000 | Total Assessment | $382,300 |
Property Taxes
Parcel Number
14-00277-0000-00016
Land Assessment
$80,000
Improvements Assessment
$302,300
Total Assessment
$382,300
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