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678 S 12Th St

Newark City, NJ 07103
  • $399,000
  • STATUS: Active Under Contract
  • ON SITE: 66 Days
  • MLS #: 3797793
Under Contract
$399,000
  • 4
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

Description

Incredible opportunity to own a piece of history while building equity in the vibrant city of Newark NJ! This quintessential turn of the century 2-family home has immaculate historic detail on the exterior from the intricate stone work, decorative trim, and solid brick all around while classic woodwork make for an impressive entrance and common area. Bring your contractor to run your numbers and visualize your final touches. First fl. renovations were started for you and about 80% complete. The 2nd fl. unit needs a new kitchen and bathroom. Both units include living room, formal dining room, 2 bedrooms, kitchen, and full bath. The 2nd fl. has an additional small office. Large, unfinished basement with plenty of potential. Perfect for the historic home lover or serious investor. Located adjacent to recently approved development projects, this gem is an excellent investment with super low taxes. Cash, Conventional, or 203K financing considered. Sold as-is. Buyer responsible for obtaining certificate of occupancy.

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Garden State MLS logo © 2022 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 2022-09-27T06:46:36.433.
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678 S 12Th St Newark City, NJ 07103

  • Price: $399,000
  • Status: Active Under Contract
  • On Site: 66 Days
  • MLS #: 3797793
4
Beds
2
Baths
0
½ Baths
0.06
Acres
1920
Built
County:
Essex
Area:
Newark City
Property Description
Incredible opportunity to own a piece of history while building equity in the vibrant city of Newark NJ! This quintessential turn of the century 2-family home has immaculate historic detail on the exterior from the intricate stone work, decorative trim, and solid brick all around while classic woodwork make for an impressive entrance and common area. Bring your contractor to run your numbers and visualize your final touches. First fl. renovations were started for you and about 80% complete. The 2nd fl. unit needs a new kitchen and bathroom. Both units include living room, formal dining room, 2 bedrooms, kitchen, and full bath. The 2nd fl. has an additional small office. Large, unfinished basement with plenty of potential. Perfect for the historic home lover or serious investor. Located adjacent to recently approved development projects, this gem is an excellent investment with super low taxes. Cash, Conventional, or 203K financing considered. Sold as-is. Buyer responsible for obtaining certificate of occupancy.
Exterior Features

Approximate Lot Size 25X100 Exterior Description Brick Number Of Parking Spaces 0 Parking Driveway Description None Roof Description Rubberized

Interior Features

Basement Yes Basement Description FullUnfinishedWalkout Cooling None Heating 2 Units Total Number Of Rooms 10 Unit1 Appliances Equipment See Remarks Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomKitchenLiving Room Unit1 Rooms 5 Unit1 Security Deposit 0 Unit1 Sq Ft 900 Unit2 Appliances Equipment See Remarks Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsDining RoomKitchenLiving RoomSee Remarks Unit2 Rooms 5 Unit2 Sq Ft 900

Property Features

Assessment Total 151100 Building Assessment 119800 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 31300 Net Operating Income 0 Sewer Public Sewer Tax Amount 5741 Tax Rate Amount 3.734 Tax Rate Year 2021 Tax Year 2021 Total Operating Expense 0 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 0 Unit2 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of C-21 Semiao & Associates: 201-991-1300.


Garden State MLS logo © 2022 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 2022-09-27T06:46:36.433.
 
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Manalapan NJ, 08527