59 Mapes Avenue Newark, NJ 07112

$99,000
59 Mapes Avenue, Newark, NJ 07112

Multi-Family Home for sale in Newark, NJ

for $99,000. This home was built in 1912.

Property Information

  • $99,000
  • Multi-Family
  • Taxes are $5,327
  • 2 Family
  • Active
  • Built in 1912
  • Newark, NJ
  • Weequahic Neighborhood
  • Essex County
  • MLS/Web ID is 21617949

Description

Great 2 Family Investment! Tenant in place in First level Unit. 2nd level Unit is vacant. 2 furnaces and 2 water heaters. A great feature is the 2nd Unit is 2 stories, enclosed porch and 2 full baths. Owner pays water only. Tenants pay gas/heat/electric. AS-IS purchase. Purchaser responsible for inspections and repairs. This IS a Short Sale. Recently a fire occurred and caused some damage to exterior.

Interior 5

Basement

  • Full
  • Other

Heating Source

  • Gas/Electric
  • Natural Gas
  • Other

Heating System

  • Heating and Cooling- 2 Zone
  • Hot Water Heater: Gas

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 1

Garage

  • None

Miscellaneous 2

Land Documents

  • Deed Available

Possession

  • At Closing

† Excluded Feature

Listed By

Listing Agent: Connie King
Broker: Weichert Realtors
Office: Ocean Township
Phone: (732) 586-6006

59 Mapes Avenue, Newark, NJ, 07112 is a Multi-Family Home for sale at $99,000. 59 Mapes Avenue was built in 1912. The property's zip code is 07112 which is in Newark, NJ

Market Pricing

Average % of sale price Median % of sale price
All listings in Newark $396,450 300 % above $307,000 210 % above
Multi-family listings in Newark $316,588 220 % above $302,500 206 % above
Sold listings in Newark $75,000 24 % below $0 100 % below

Get the facts about Newark, NJ!

Population 279,327
Population Growth (since 2000) 2 %
Median Income $36,022
Median Age 34.06
Households w/ Children 35 %

Residential Dwellings

  • Owned 21881
  • Vacant 13569
  • Rented 73259

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