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392 Leslie St

Newark City, NJ 07112
  • $820,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 3938189
$820,000
  • 8
    BEDS
  • 0.11
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1932
County:
Area:

School Ratings & Info

Description

Weequahic fourplex (4 family) on Leslie St, Newark, NJ-Will not last on the market, paying tenants are month to month,Located in Weequahic Section of Newark, NJ. 4 blocks from Route 78 and half block away from 4 bus stops on Chancellor Avenue. Minutes away from several shopping centers. Minutes away from the largest and busiest bus terminals, IRVINGTON, NJ, 07111. Welcome to 392-394 Leslie St, Newark, NJ, 07112. Will not last on the market. This properties has a generous rent roll per month. All tenants are paying and month to month. Property is fully renovated since 2021, central air and forced hot air. Full Basement and plenty parking on site. All units are large, 2 bedrooms. This can be for a investor or owner occupant. All tenants are paying and month to month. The building is fully renovated a 4plex, usually designed to house four units under one roof. In a standard 4plex, each residence has its own entrance, kitchen, and bathroom, but there is often a common building entrance. A 4plex can generate the same rental income as four separate rental properties while also allowing the owner to deduct the cost of their mortgage. 4plexes are frequently purchased as investment properties and many times the owner will choose to occupy one unit and rent out the remaining three.

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Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-01-16T23:46:00.777.
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392 Leslie St Newark City, NJ 07112

  • Price: $820,000
  • Status: Active
  • On Site: 31 Days
  • MLS #: 3938189
8
Beds
4
Baths
0
½ Baths
0.11
Acres
1932
Built
Neighborhood:
Weequahic
County:
Essex
Area:
Newark City
Property Description
Weequahic fourplex (4 family) on Leslie St, Newark, NJ-Will not last on the market, paying tenants are month to month,Located in Weequahic Section of Newark, NJ. 4 blocks from Route 78 and half block away from 4 bus stops on Chancellor Avenue. Minutes away from several shopping centers. Minutes away from the largest and busiest bus terminals, IRVINGTON, NJ, 07111. Welcome to 392-394 Leslie St, Newark, NJ, 07112. Will not last on the market. This properties has a generous rent roll per month. All tenants are paying and month to month. Property is fully renovated since 2021, central air and forced hot air. Full Basement and plenty parking on site. All units are large, 2 bedrooms. This can be for a investor or owner occupant. All tenants are paying and month to month. The building is fully renovated a 4plex, usually designed to house four units under one roof. In a standard 4plex, each residence has its own entrance, kitchen, and bathroom, but there is often a common building entrance. A 4plex can generate the same rental income as four separate rental properties while also allowing the owner to deduct the cost of their mortgage. 4plexes are frequently purchased as investment properties and many times the owner will choose to occupy one unit and rent out the remaining three.
Exterior Features

Approximate Lot Size 50X100 Color Of Building BRICK Exterior Description BrickVinyl Siding Number Of Parking Spaces 8 Parking Driveway Description Blacktop Roof Description Flat

Interior Features

Basement Yes Basement Description Finished Cooling 4+ UnitsCentral Air Heating 4+ UnitsForced Hot Air Interior Features Carbon Monoxide DetectorFire ExtinguisherSee RemarksSmoke Detector Total Number Of Rooms 16 Unit1 Appliances Equipment CarbMDetCookGasFireAlrmRgOvGasSeeRem Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomKitchenLiving RoomMaster BedroomSee Remarks Unit1 Rooms 4 Unit1 Security Deposit 1850 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorFire Alarm SystemRange/Oven - GasSee Remarks Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsDining RoomKitchenLiving RoomMaster BedroomSee Remarks Unit2 Rooms 4 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 2 Unit3 Room Description BedroomsDining RoomKitchenLiving RoomMaster BedroomSee Remarks Unit3 Rooms 4 Unit3 Sq Ft 0 Unit4 Appliances Equipment Carbon Monoxide DetectorFire Alarm SystemRange/Oven - GasSee Remarks Unit4 Baths 1.0 Unit4 Bedrooms 2 Unit4 Fireplaces 0 Unit4 Levels 2 Unit4 Room Description BedroomsDining RoomKitchenLiving RoomMaster BedroomSee Remarks Unit4 Rooms 4 Unit4 Sq Ft 0

Property Features

Assessment Total 425400 Building Assessment 404100 Building Number 392 Easement Unknown Expenses Include Electric Fha Age Restricted No Fuel Type Electric Gross Operating Income 10500 Land Assessment 21300 Net Operating Income 0 Renovated Year 2022 Sewer Public Sewer Tax Amount 8000 Tax Rate Amount 3.728 Tax Rate Year 2024 Tax Year 2023 Total Operating Expense 2400 Unit Style Fourplex Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1850 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1850 Unit2 Security Deposit 1850 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1850 Unit3 Security Deposit 1850 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit4 Rent 1850 Unit4 Security Deposit 1850 Utilities Electric Water Public Water Water Heater See Remarks Year Built Description Renovated

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Bhgre Elite: 908-316-8530.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-01-16T23:46:00.777.
 
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