62 Chambers St Newark City, NJ ^$ 1,699,999

62 Chambers St

^$ 1,699,999

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62 Chambers St

Newark City, NJ, 07105

^$ 1,699,999

Bedrooms15 Baths8.1

Monthly Estimate*

^$ 11,299

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Multi-Family Home for sale in Newark City, NJ for $1,699,999 with 15 bedrooms and 8 full baths, 1 half bath. The lot size is 0.09.

Welcome to your next amazing investment opportunity! Nestled in the vibrant Ironbound District of Newark, this renovated 3-family home is a money-making gem waiting to be discovered. LOCATION - LOCATION - LOCATION! All unit's newly renovated-7 Streams of income

Multi-Family Active

Price

^$ 1,699,999

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 14,714

Style

1-One Story

Lot Size

0.09

Town/City

Newark City

County/Region

ESSEX

MLS | Web ID

3898483

Features

General

Interior Features Carbon Monoxide Detector Fire Extinguisher Intercom Security System Smoke Detector

Sewer Public Sewer

Heating 4+ Units

Cooling 4+ Units

Utilities All Underground

Possession At Closing

Roof Asphalt Shingle

Water Heater Gas

Exterior Features Metal Fence

Garage Spaces 1

Architectural Style 1-One Story

Exclusions None

Garage Built-In Garage

Township Newark City

Tax Year 2023

Gross Income 99600

County Essex

Net Operating Income 74517

Operating Expense 25082

Subdivision Name Ironbound

Total Rooms 13

Status Active

Directions Use Google-Ferry Street turn Chambers Street

High School TECHNOLOGY

Open Parking Spaces 5

Total Units 3

Street Name Chambers St

Elementary School H WILSON

Tax Annual Amount 14714

Home Warranty Y/N No

Middle/Junior High School H WILSON

Drive Assigned Blacktop

Days on Market 6

Standard Status Active

Tax Assessed Value 509200

Town # 1614

Tax Lot 60.03

Farm Assessment No

Interior

Basement Slab

Unit 1 Baths Total 2.0

Unit 1 Beds Total 3

Unit 2 Baths Total 2.0

Unit 2 Beds Total 3

Unit 3 Baths Total 2.0

Unit 3 Beds Total 3

Fuel Type Gas-Natural

Full Baths 8

Half Baths 1

Total Bedrooms 15

Exterior

Water Source Public Water

Exterior Description Aluminum Siding Brick

Lot Dimensions 38X100

Lot Size Acres 0.09

* Excluded Features

List By

HECTOR R. ROJAS

Listing Agent

Exp Realty, Llc

Broker

Hector@TheEastCoastTeam.com

Affordability Calculator

$12,525

Per Month

Monthly Principal & Interest: $11,299
Monthly Property Taxes: $1,226
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Newark, NJ

Average List Price ^$672,039

Percent of Sale Price 60%

About Newark, NJ

283,201 Population

4% Since 2002

^$35,768 Median Income

34.98 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4652486 Elementary School

4652487 Middle School

Technology High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/26/2024	$1,699,999		Listed Price

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62 Chambers St, Newark City, NJ, 07105 is a Multi-Family Home for sale at $1,699,999 with a lot size of 0.09. 62 Chambers St has 15 bedrooms and 8.1 baths. The property's zip code is 07105 which is in Newark City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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