13 Stecher St # 4 Newark City, NJ $ 675,000
13 Stecher St # 4
$ 675,000
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13 Stecher St # 4

Newark City, NJ, 07112
$ 675,000
Bedrooms8 Baths4.0 Sq 4,128

Monthly Estimate*

$ 4,715

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Multi-Family Home for sale in Newark City, NJ for $675,000 with 8 bedrooms and 4 full baths. This 4,128 square foot home was built in 1952 on a lot size of 0.12.

Welcome to a prime investment opportunity! This 4-family home, strategically positioned on the border of Newark and Irvington, is a beacon for investors seeking both immediate returns and long-term appreciation. Comprising four units featuring 2 bedrooms and 1 bath each, this property caters to diverse tenant needs, ensuring high occupancy rates. Nestled at the border of Newark and Irvington, experience the best of urban amenities and suburban charm. Proximity to major transportation hubs, schools, parks, and shopping districts enhances the property's appeal. With four income-generating units, this property promises immediate cash flow and serves as a solid foundation for portfolio diversification. Whether you're a seasoned investor or just entering the market, this 4-family home in Newark offers a rare chance to capitalize on the booming real estate market. Invest wisely. Prosper effortlessly. Schedule your viewing today!

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Multi-Family Pending

Price

$ 675,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,948

Style

2-Two Story, Fourplex

Lot Size

0.12

Year Built

1952

Town/City

Newark City

County/Region

ESSEX

MLS | Web ID

3888933

Features
General
Sewer Public Sewer
Heating Radiators - Steam
Cooling 4+ Units Window A/C(s)
Utilities Electric Gas-Natural
Possession POT
Roof Composition Shingle
Water Heater Gas
Exterior Features Wood Fence
Architectural Style 2-Two Story Fourplex
Year Built 1952
Garage On Site On-Street Parking
Township Newark City
Unit Number 4
Tax Year 2023
Gross Income 53520
County Essex
Net Operating Income 41556
Operating Expense 11964
Subdivision Name City/Newark
Total Rooms 16
Status Under Contract
Directions Take Garden State Pkwy S to exit 143B. Take Lyons Ave to Stecher St in Newark. Turn right onto Stecher St. Destination will be on the right.
Open Parking Spaces 4
Total Units 4
Street Name Stecher St
Elementary School CHANCELLOR
Tax Annual Amount 6948
Home Warranty Y/N No
Middle/Junior High School BRAGAW AVE
Drive Driveway-Shared Fencing On-Street Parking
Days on Market 22
Standard Status Under Contract
Tax Assessed Value 186400
Town # 1614
Tax Lot 7
Farm Assessment No
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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 2
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Unit 4 Baths Total 1.0
Unit 4 Beds Total 2
Fuel Type Gas-Natural
Full Baths 4
Half Baths 0
Total Bedrooms 8
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Exterior
Lot Features Level Lot
Water Source Public Water
Exterior Description Brick Wood Shingle
Building Area Total 4128
Lot Dimensions 50X105.11
Lot Size Acres 0.12
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* Excluded Features
List By
JESSE STEVENSON

Listing Agent

Century 21 Full Service Realty

Broker

Affordability Calculator

$5,294
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,715
Monthly Property Taxes
$579
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
4592160 Elementary School
4592161 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/4/2024$675,000 Listed Price

Map


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13 Stecher St # 4, Newark City, NJ, 07112 is a Multi-Family Home for sale at $675,000 with 4,128 sqft and a lot size of 0.12. 13 Stecher St # 4 has 8 bedrooms, 4.0 baths, and was built in 1952. The property's zip code is 07112 which is in Newark City, NJ