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Madison Ave, Newark, NJ
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Innovative Real Estate Solutions, LLC
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Phone2 (800) 709-1732
Property Information*
Address Madison Ave
Newark, NJ 07108
Essex County
Status For Sale
Asking Price $200,000.00
Type Investment Property
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Zillow Zillow
Property ID# 41904
Beds 10+
Baths 7
Floors 3
Year Built 0
Garage None
Basement None
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Property Description*
                                       7 Unit Investment Property Opportunity NEWARK, NJ

AREA
Multi family located in Upper Clinton Hill, NJ, in Essex county. The median price for this area is $189,900. There are currently 8,411 similar properties for sale within 10-mile radius, ranging from $200,00 - $355,000.

DESCRIPTION
 7 Units • House size: 5,200 sq ft • Stories: 3 • Lot size: 3,520 sq ft • Garage: Detached Garage • Heating: seperated • Cooling: None • Year built: 1952 • Property type: Multi family •
 Date updated: 04/21/2016 • Units: 7 ?


 Exp taxes $9,027
 Commercial Value of this property is over $500,000. this nearly a 36% loan to value.
Current rents: $5,800.00 4 apts $950 3l     $950 3R $800 2l     $800 2R $800 1L    $800 1R  $700 studio
Description Residential/ Retail Available Space; 3,500 SF, Commercial Space: approx. 600 SF 1st. Floor 3 Story Building: 7 Family ,

All tenants separate meters Upper Clinton Hill area, Great access to public transportation, Near Penn station 4 minute drive NJPAC / Center street Transit Stop 5 minute drive. Easy access to GSP, I-280.

Check out our passive income programs. Lets talk about other investment options visit www.EquityFundsTrust.com  to learn more.

Tony 732-455-2289
Equal Housing Opportunity*DISCLAIMER: All information provided by seller is deemed reliable but is not guaranteed and should be independently verified. Please contact the seller for additional information.

 

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