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248 North 11th Street Newark, NJ $ 550,000
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$ 550,000 Get more info
248 North 11th Street
$ 550,000
Back to search
Share Save

248 North 11th Street

Newark, NJ, 07107
$ 550,000
Bedrooms6 Baths4.0

Monthly Estimate*

$ 3,842

248 North 11th Street, Newark, NJ 07107 - Image 1
248 North 11th Street, Newark, NJ 07107 - Image 2
248 North 11th Street, Newark, NJ 07107 - Image 3
248 North 11th Street, Newark, NJ 07107 - Image 4
248 North 11th Street, Newark, NJ 07107 - Image 5

Multi-Family Home for sale in Newark, NJ

for $550,000 with 6 bedrooms and 4 full baths. This home was built in 1950.

Welcome to this charming three-family home, a rare find in the heart of Newark.This stunning white home stands out, showcasing its classic charm and curb appeal. Well-maintained and boasting a shared driveway and a spacious backyard, this property offers both beauty and functionality.Each of the three units features 2 bedrooms and 1 bath as well as a well-designed layout to provide a comfortable retreat, perfect for tenants looking for a peaceful living space.This three-family home is a fantastic investment opportunity, offering the potential for significant rental income. Each apartment is on a month to month lease. Whether you're looking to rent out all three units or live in one and rent out the others, this property provides flexibility and financial upside. Situated in a prime location in Newark, this home offers easy access to public transportation, major highways, and local amenities. Don't miss out on this incredible investment opportunity in Newark, NJ.

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Multi-Family Contingent

Price

$ 550,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,893

Style

3 Family

Year Built

1950

Town/City

Newark

County/Region

Essex

MLS | Web ID

24008921
Features
Interior
Basement Unfinished
Total Bedrooms 6
Fireplace None
Heating/Cooling Hot Water Oil Radiant
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Exterior
Waterfront None
Flood Plain None
Substyle Other
Exterior Finish Vinyl
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General
Laundry Y/N None
Area 0714
Style 3 Family
Miscellaneous None
Garage Park Space
Status UNDER CONTRACT
Utilities Sep Elec
Rooms 15
Views/Exposure None
Year Built 1950's
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* Excluded Features

Affordability Calculator

$4,416
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,842
Monthly Property Taxes
$574
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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Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/26/2024$550,000 Listed Price

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248 North 11th Street, Newark, NJ, 07107 is a Multi-Family Home for sale at $550,000. 248 North 11th Street has 6 bedrooms, 4.0 baths, and was built in 1950. The property's zip code is 07107 which is in Newark, NJ

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