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577 N 6th St 12 Unit Apartment Building $2,500,000 ($208,333/Unit) Newark, NJ 07107
EXECUTIVE SUMMARY
12 Unit building in North Newark. Lot also comes with the sale of the building. 11 Units are fully occupied . Great investment in the heart of the city
PROPERTY FACTS Under Contract
| Price | $2,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $208,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Sale Condition | REO Sale | Building Size | 7,656 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | ||
| Zoning | commercial - multi-family | ||
| Price | $2,500,000 |
| Price Per Unit | $208,333 |
| Sale Type | Investment |
| Sale Condition | REO Sale |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,656 SF |
| No. Stories | 3 |
| Year Built | 1950 |
| Zoning | commercial - multi-family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Smoke Free
- Maintenance on site
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 12 | - | - |
1 1
Walk Score®
Very Walkable (86)
Transit Score®
Excellent Transit (70)
PROPERTY TAXES
| Parcel Number | 14-00597-0000-00046 | Improvements Assessment | $260,000 |
| Land Assessment | $240,000 | Total Assessment | $500,000 |
PROPERTY TAXES
Parcel Number
14-00597-0000-00046
Land Assessment
$240,000
Improvements Assessment
$260,000
Total Assessment
$500,000
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Presented by
Jeanius Realty
577 N 6th St
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