Address
483 Jelliff Ave Newark City, NJ
Price
$ 360,000
Property Attributes
  • MLS#3755986
  • TypeMulti-Family
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • NeighborhoodWeeqauhic Section
  • Zip07112
  • Style2-Two Story
  • Year Built1995
  • Taxes$ 4993
  • Price$ 360,000
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage3001
  • Lot Size3,049 SqFt
Listing Provided Courtesy Of:
RE/MAX FIRST REALTY II
Data Source:
Garden State MLS (GSMLS)
Property Description

Two Family home with low taxes located within the Weequahic section of Newark. 2/3 spacious bedrooms w/ Garage, Off Street Parking and Hardwood Flooring. 1st Floor tenant is on a month to month lease and is currently being evicted due to non payment of rent. Ground Floor tenant lease expires in April and is currently in the process of purchasing a home. Pls do not disturb 1st floor 3 bedroom tenant located at the front of the house access will be provided once we have an offer. Only access the ground floor 2 bedroom apartment located on the left hand side rear of the home. Minutes from I-78 & Garden State Parkway. Both units are in fair condition, exterior has been well kept. Home is located minutes from Weequahic Park on a very friendly and attractive street. One straight bus ride to NYC Port Authority Station. Potential Rental income 2 Bedroom $1400-1700 and 3 Bedroom $1600-2000 = Gross Income $3100-3600. A great investment opportunity to have your tenant pay your mortgage or earn cash flow.

Price History
12/15/2021 Listed $360,000

General Features

Architectural Style 2-Two Story
Cooling 2 Units, Central Air
Drive 2 Car Width, Blacktop
Exclusions TENANT POSSESSIONS
Exterior Features Curbs, Metal Fence, Open Porch(es), Sidewalk
Garage Attached Garage
Garage Spaces 1
Heating 2 Units, Forced Hot Air
Interior Features Carbon Monoxide Detector, Fire Extinguisher, See Remarks, Smoke Detector, Vinyl-Linoleum Floors, Wood Floors
Open Parking Spaces 2
Roof Asphalt Shingle
Sewer Public Sewer
Tax Annual Amount 4993
Total Units 2
Town # 1614
Township Newark City
Utilities All Underground
Water Heater Gas
Zoning R2

Interior Features

Fuel Type Gas-Natural
Unit 1 Appl/equip Carbon Monoxide Detector, Fire Alarm System, Range/Oven - Gas, Refrigerator
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 1 Handicap Modified No
Unit 1 Levels 1
Unit 1 Room Description Bedrooms, Dining Room, Kitchen, Living/Dining Room
Unit 1 Rooms 4
Unit 1 Sq Ft 9999
Unit 2 Appl/equip Carbon Monoxide Detector, Fire Alarm System, Range/Oven - Gas
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 2 Handicap Modified No
Unit 2 Levels 1
Unit 2 Room Description Attic, Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom
Unit 2 Rooms 5
Unit 2 Sq Ft 9999
Unittype1totalrent 900
Unittype2totalrent 1300

Exterior Features

Building Area Total 3001
Exterior Description Vinyl Siding
Lot Dimensions 30.04X100
Lot Features Level Lot
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 07112

Price
AVG $470K
$360K
Taxes
AVG $7,016
$4,993
Visits
AVG 55
63
Year Built
AVG 1941
1995
Walkscore
AVG 75
70
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.