746-758 South 4Th St Newark, NJ ^$ 12,500,000

746-758 South 4Th St

^$ 12,500,000

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New Construction

746-758 South 4Th St

Newark, NJ, 07103

^$ 12,500,000

Bedrooms79 Baths0.0

Monthly Estimate*

^$ 83,079

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Multi-Family Home for sale in Newark, NJ

for $12,500,000 with 79 bedrooms. The lot size is 0.68.

746-758 South 14th Street on Newark's West side is now being offered at $12.5M for purchase. This 38,800 SqFt new construction 38 unit apartment complex consists of 3 stand alone buildings comprised of 1, 2 and 3 bedroom rental units. There are 30 free market units and 8 affordable units at 80% AMI. NOI $749,502 and Cap rate is 6%

Multi-Family Active

Price

^$ 12,500,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 92,720

Style

Lot Size

0.68

Town/City

Newark

County/Region

Essex

MLS | Web ID

240009647

Features

General

Status Active ACTIVE

Stories 3

County Essex

Class CI INVESTMENT - SALE ONLY

Type Investment

Area Newark

City Newark

Taxes 92720

DOM 24

Interior

Total Number of Units 38

Exterior

Lot Dimensions .68 Acres

* Excluded Features

List By

Compass New Jersey, Llc

Broker

(551) 212-3870

Phone

Affordability Calculator

$90,806

Per Month

Monthly Principal & Interest: $83,079
Monthly Property Taxes: $7,727
Monthly Home Insurance: --

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Yearly 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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Nearby

Trends
Schools

Multi-family listings in Newark, NJ

Average List Price ^$676,842

Percent of Sale Price 95%

About Newark, NJ

283,201 Population

4% Since 2002

^$35,768 Median Income

34.98 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

562271 Elementary School

562272 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/21/2024	$12,500,000		Listed Price

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746-758 South 4Th St, Newark, NJ, 07103 is a Multi-Family Home for sale at $12,500,000 with a lot size of 0.68. 746-758 South 4Th St has 79 bedrooms and 0.0 baths. The property's zip code is 07103 which is in Newark, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data courtesy of Hudson County MLS.

The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the HCIDX mark and information about them includes the name of the listing broker.

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746-758 South 4Th St

Multi-Family Home for sale in Newark, NJ

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