59 Pennsylvania Ave Newark, NJ $ 399,000
59 Pennsylvania Ave
$ 399,000
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59 Pennsylvania Ave

Newark, NJ, 07114
$ 399,000
Bedrooms3 Baths2.0

Monthly Estimate*

$ 2,652

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Multi-Family Home for sale in Newark, NJ

for $399,000 with 3 bedrooms and 2 full baths. This home was built in 1989 on a lot size of 0.03.

Welcome to 59 1/2 Pennsylvania Ave! This multi-use building is the perfect turn-key investment property. First unit features 2 bedrooms 1 bath, living room, eat-in kitchen, and use of backyard space. Second unit features 1 bedroom 1 bath, living room, eat-in kitchen, and use of backyard space. Along with the two units, on the lower level you will find a store front which can be excellent additional cash flow! Both units are tenant occupied, buyer is responsible for tenants, store front is VACANT. Near Newark up-and-coming historic downtown district, Prudential Center, Shopping Centers, Restaurants, Public Schools, Charter Schools, Newark Airport & much more!

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Multi-Family Pending

Price

$ 399,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 9,320

Style

Lot Size

0.03

Year Built

1989

Town/City

Newark

County/Region

Essex

MLS | Web ID

3899799

Features
General
Sewer Public Sewer
Heating See Remarks
Cooling See Remarks
Utilities See Remarks
Possession ASAP
Roof See Remarks
Architectural Style See Remarks
Year Built 1989
Township Newark City
Tax Year 2023
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 9
Status Under Contract
Directions 59 1/2 Pennsylvania Ave
Open Parking Spaces 0
Total Units 2
Street Name Pennsylvania Ave
Tax Annual Amount 9320
Drive On-Street Parking
Days on Market 11
Standard Status Under Contract
Tax Assessed Value 250000
Town # 1614
Tax Lot 33
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Interior
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 1
Fuel Type See Remarks
Full Baths 2
Half Baths 0
Total Bedrooms 3
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Exterior
Water Source See Remarks
Exterior Description See Remarks
Lot Dimensions 19.8X75.5
Lot Size Acres 0.03
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* Excluded Features
List By
ARMANDO PINA

Listing Agent

Lifestyle International Realty

Broker

Affordability Calculator

$3,429
Per Month
77%
23%
0%
Monthly Principal & Interest
$2,652
Monthly Property Taxes
$777
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/3/2024$399,000 Listed Price

Map


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59 Pennsylvania Ave, Newark, NJ, 07114 is a Multi-Family Home for sale at $399,000 with a lot size of 0.03. 59 Pennsylvania Ave has 3 bedrooms, 2.0 baths, and was built in 1989. The property's zip code is 07114 which is in Newark, NJ