64 Homestead Park $430,000

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    64 Homestead Park Newark City, NJ 07108

    • 7 Beds
    • 3 Baths
    • Multi-Family
    • MLS# 3740574
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    Views: 3 Days On Site: 12

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    Property Details

    Legal 3 family home located in the Upper Clinton Hill Section of Newark featuring 3/3/1 Bedrooms, Living Room, Kitchen and 3 Full Bath w/parking for 4+ cars. Potential Income $1800/1800/1200 = $4800. Opportunity to create 4/4/1 Bedrooms & renovate the basement to create additional space. 1st floor access unit only until an offer has been presented to limit the spread of Covid. Friendly tenants but unit 1 is the least desirable out of the 3 units and requires some minor repairs and cosmetic updates. Unit 2 & 3 are in good condition. Close to transportation links to New York I-78 & US-22, airport, neighborhood shops, schools & places of worship. Ideal for an owner occupier that would like their tenant to pay their mortgage or an investor that is looking for a turnkey investment. Sellers concession available.

    • General Features
      • County Name Essex
      • FHA Age Restricted No
      • Renovated Year 2019
    • Building Features
      • Construction Date Year Built 1919
      • Bedrooms 7
      • Basement Description Unfinished
      • Basement Yes
      • Interior Features Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, Vinyl-Linoleum Floors
      • Heating 3 Units, Radiators - Steam
      • Garage Spaces 0
      • Garage Description None
      • Cooling Wall A/C Unit(s)
      • Construction Date Year Built Des Approximate, Renovated
      • Water Heater Gas
      • Water Public Water
      • Utilities All Underground, Electric, Gas-Natural
      • Total Units 3
      • Total Baths 3.00
      • Total Full Baths 3
      • Total Half Baths 0
      • Roof Description Asphalt Shingle
    • Property Features
      • Total Acres 0.09
      • Sewer Public Sewer
      • Exterior Features Metal Fence, Open Porch(es)
      • Exterior Type Brick, Vinyl Siding
      • Parking Driveway Description 1 Car Width, Driveway-Shared, Parking Lot-Exclusive
      • Approximate Lot Size 33X122

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    Neighborhood

    07108 (Newark City) Demographics

    30 Median Age
    15,292 Population Density (per sq. mile)
    17% College Educated
    $25,323 Estimated Median Income
    1,368 Estimated Total Home Owners
    6,266 Estimated Total Renters
    18% / 82% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    20,980 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $284,950 Median Sales Price
    2 Homes Sold
    5 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $430,000
        9/14/2021 10:19:00 PM New in Database Source: Multiple Listing Service New Value: $430,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.