131 Fairmount Avenue, Newark NJ 07103,Newark,Essex,Residential Income

  • $525,000
131 Fairmount Avenue, Newark NJ 07103

Description

Don’t miss out on this large 3 family home with serious investment potential! All 3 apartments are 2 bedroom 1 bath units that offer ample and versatile living spaces including an eat-in kitchen, dining / living room (can be converted to 3rd bedroom), pantry, and porch. Separate utilities, owners only pays water and common area lights. Once renovated, this property could yield substantial rental income! This is a unique opportunity for investors to capitalize on a high-demand area. Property is being sold in strictly as-is condition. Buyer is responsible for c/o and fire certificates. Cash offers preferred.

  • Address Fairmount
  • City Newark
  • State/county Essex
  • Zip/Postal Code 07103

Details

Updated on May 14, 2024 at 2:19 am
  • Property ID: 2407550R
  • Price: $525,000
  • Property Size: 3438 Square Feet
  • Land Area: 0.0574 Sq Ft
  • Bedroom: 0
  • Bathroom: 0
  • Garage: 0
  • Year Built: 1900
  • Property Type: 3 Family
  • Property Status: Residential Income

Additional details

  • Carport Spaces: 0
  • On Market Date: 2024-01-26
  • Flooring: Unit 1 Carpet,Unit 2 Carpet,Unit 3 Carpet
  • Photos Count: 9
  • Cooling: None
  • Number Of Separate Electric Meters: 4
  • CoListOfficeName: RE/MAX SELECT
  • ListingContractDate: 2024-01-26
  • Annual Property Tax Amount: 7009
  • List Office Name: RE/MAX SELECT
  • JERSEYMLS_INCPTRTY: Sellers/Landlords Agent/Disclosed Dual Agent
  • Basement: Full,Utility Room
  • Number Of Separate Gas Meters: 3
  • Bathrooms Total: 0
  • Street Number: 131
  • CoListOfficeMlsId: REPR09
  • LeaseTerm: Unit 1(Month-Month),Unit 2(Month-Month)
  • State Or Province: NJ
  • Covered Spaces: 0
  • Gas: Natural Gas
  • Roof: Asphalt
  • Stories: 3
  • Bathrooms Full: 0
  • Other Fees: 0
  • Close Date: 1800-01-01
  • Street Suffix: Avenue
  • ListAgentMlsId: JEREFABE
  • Water Source: Public
  • Lot Size Dimensions: 100.00 x 25.00
  • Stories Total: 3
  • Number Of Separate WaterMeters: 1
  • Days On Market: 38
  • JERSEYMLS_TransactionType: Sale
  • ListOfficeMlsId: REPR09
  • Close Price: 0
  • Parking Features: On Street
  • Postal Code Plus4: 2432
  • Bathrooms Half: 0
  • Lot Size Area: 0.0574
  • JERSEYMLS_INCPNOHS: 3
  • Sewer: Public Sewer
  • Heating: Radiators-Steam
  • CoListAgentMlsId: SILVLAVR
  • Age: 0
  • Owner Pays: Unit 1 Owner Pays(See Remarks),Unit 2 Owner Pays(See Remarks),Unit 3 Owner Pays(See Remarks)
  • Utilities: Electricity Connected,Natural Gas Connected
  • Accessibility Features: Unit 1 Accessibility Features,Unit 2 Accessibility Features,Unit 3 Accessibility Features
  • Tax Year: 2021
  • Ownership: Fee Simple
  • Lot Features: See Remarks
  • JERSEYMLS_INCPOMNC: 0
  • JERSEYMLS_INCPSERV: Garbage Included In Tax
  • Lot Size Squar eFeet: 2500
  • Building Area Total: 3438

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