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7% Cap rate of return 3 unit in ironbound section. ON e of the owners holds a New Jersey Real estate license. Well-kept 2 family house with finished basement and LOW Taxes.
Total monthly income over $6k with much more potential. Homes for sale in South Ironbound, Newark, NJ have a median listing home price of $569,000. This 6 family is completely renovated and all units move in conditions. This is a turnkey operation with total monthly income over $7k with much more potential and low expenses. Coldwell Banker Realty and Guaranteed Rate Affinity, LLC share common ownership and because of this relationship the brokerage may receive a financial or other benefit.
Unit Information
¹ Based on Rocket Mortgage data in comparison to public data records. The Rocket Homes Real Estate LLC main office is located at Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226. A Verified Approval is based on an underwriter's comprehensive analysis of your credit, income, employment status, assets and debt. Does not apply to loans submitted through a mortgage broker.
Locals will value that wherever their home is located in Ironbound, primary as well as high schools are close by. Residents benefit from public and private schools at both the elementary and high school level. When it comes to eating, it is usually possible for property owners in Ironbound to purchase general and specialty groceries on foot.
Redfin Real Estate AgentsServing Multi Family Homes in South Ironbound
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Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified. Historical sales information is derived from public records provided by the county offices. Ironbound is a great part of the city for those who enjoy both indoor and outdoor activities. Finding bustling places is easy in this area. Even though the nightlife is quiet, there are usually a large number of people around.
Are things conveniently located in Ironbound, Newark, New Jersey?
North Ironbound, Newark, NJ offers tons of options when it comes to farms for sale. For instance, you can choose between mini rural farms/small farms for sale, old farms, abandoned farms for sale, and many more. Be sure to get in touch with a real estate agent who can offer detailed information about anything from new farmhouses to old farmhouses for sale near you and help you with your buying decision. Rocket Homes Real Estate LLC is committed to ensuring digital accessibility for individuals with disabilities.
The majority of dwellings are small apartment buildings, making it easy to find apartments in Ironbound, and the remainder are mainly large apartment buildings and duplexes. This part of the city experienced its biggest construction boom pre-1960, so most of the available properties are from this time period. This area offers mainly three bedroom and two bedroom homes. About 80% of the population of this neighborhood rent their home and 20% are owners. There are roughly 42,481 residents, living in 14,940 households.
Walk to restaurants, shopping, nightlife and park. Close to major transportation and Newark Penn station. Back of property has a storage shed and over size work shop.
A Great income generating property - Tenants to stay. Browse 17 multi-family homes for sale in Ironbound, Newark, NJ. View properties, photos, nearby real estate with school and housing market information. Between October 2022 and November 2022, Ironbound, NJ real estate market has seen decrease in the number of listings by 1.8%. In November 2022 median list price was $399,950 and the average listing age was 96 days.
Three family home located in the desirable Ironbound section of Newark. Each unit consist of 3 rooms plus a full bathroom and includes a large eat in kitchen. Rooms can either be arranged as 2 bedrooms with kitchen living space or one bedroom with a living room plus eat in kitchen. This property is just waiting for a vision and then it can become a steady stream of rental income. Rooftop access includes great views of downtown Newark.
Information deemed reliable but not guaranteed. Copyright © 2022 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. The data relating to the real estate for sale and sold listing information on this web site comes from the New Jersey Multiple Listing Service, Inc. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than Redfin.
3 family with extra office space in the rear. 3rd floor with 2 levels-4 br/2.5 baths with balcony, washer/dryer hookups with 2 ensuites. 2nd floor with 2 br's/1 bath with a deck and 1st floor 2 br's/1 bath Excellent rental income. Recent upgrades include 2 kitchens 2 bathrooms & 3 new hot water heaters. There are currently 4 multi family homes for sale in South Ironbound at a median listing price of $750K.
You are not required to use Guaranteed Rate Affinity, LLC as a condition of purchase or sale of any real estate. Operating in the state of New York as GR Affinity, LLC in lieu of the legal name Guaranteed Rate Affinity, LLC. Located in the Ironbound section , 3 family house . The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The DAWGS security system will not be conveyed with the property and will be removed upon closing. This map is refreshed with the newest listings in North Ironbound every 15 minutes. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Close to transportation, minutes away from NYC. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities.
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