Skip To Content

24 Wakeman Ave

Newark City, NJ 07104
  • $399,000
  • STATUS: Active Under Contract
  • ON SITE: 25 Days
  • MLS #: 3861903
Under Contract
UPDATED: 214 min ago
$399,000
  • 4
    BEDS
  • 0.04
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1939
County:
Area:

School Ratings & Info

Description

Opportunity awaits! Legal two family on a quite residential street in the desirable Mt. Pleasant/Lower Broadway section of North Newark. Each unit is a two bedroom, one bath apartment. Large, partially finished basement complete with walkout and high ceilings. Recently renovated turnkey first floor unit is vacant and ready for a new tenant at market rates. Updates to unit one include a new kitchen, granite counters, updated full bath with hardwood flooring throughout. Unit one includes yard access to a gated greenspace. Also ideal as owners unit. Separate utilities with forced hot air heating throughout. Low taxes and expenses in the desirable 07104 zip equal upside and cashflow! Conveniently located near shopping, restaurants and public transportation. Minutes to Downtown, Penn Station, Ironbound, University Heights, Rt. 21, Rt. 280, GSP and beyond. Schedule today !

Monthly Payment Calculator



Garden State MLS logo © 2023 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 Tejada Real Estate Partners | RE/MAX Select. 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 Tejada Real Estate Partners | RE/MAX Select 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 2023-09-22T23:46:18.57.
www.ilovenewjerseyrealestate.com/homes/142882087
Print Image

24 Wakeman Ave Newark City, NJ 07104

  • Price: $399,000
  • Status: Active Under Contract
  • On Site: 25 Days
  • Updated: 214 min ago
  • MLS #: 3861903
4
Beds
2
Baths
0
½ Baths
0.04
Acres
1939
Built
County:
Essex
Area:
Newark City
Property Description
Opportunity awaits! Legal two family on a quite residential street in the desirable Mt. Pleasant/Lower Broadway section of North Newark. Each unit is a two bedroom, one bath apartment. Large, partially finished basement complete with walkout and high ceilings. Recently renovated turnkey first floor unit is vacant and ready for a new tenant at market rates. Updates to unit one include a new kitchen, granite counters, updated full bath with hardwood flooring throughout. Unit one includes yard access to a gated greenspace. Also ideal as owners unit. Separate utilities with forced hot air heating throughout. Low taxes and expenses in the desirable 07104 zip equal upside and cashflow! Conveniently located near shopping, restaurants and public transportation. Minutes to Downtown, Penn Station, Ironbound, University Heights, Rt. 21, Rt. 280, GSP and beyond. Schedule today !
Exterior Features

Approximate Lot Size 17.3X112.6 Exterior Description Vinyl Siding Exterior Features BarbequePrivacy FenceWood Fence Lot Description Level Lot Number Of Parking Spaces 0 Parking Driveway Description NoneOn-Street Parking Roof Description FlatRubberized

Interior Features

Basement Yes Basement Description Finished-PartiallyWalkout Cooling NoneWindowac Heating 2 UnitsForced Hot Air Interior Features Carbon Monoxide DetectorHigh CeilingsSmoke DetectorTile FloorsWood Floors Total Number Of Rooms 8 Unit1 Appliances Equipment Carbon Monoxide DetectorKitchen Exhaust FanMicrowave OvenRange/Oven - Gas Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving RoomSee Remarks Unit1 Rooms 4 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorKitchen Exhaust FanMicrowave OvenRange/Oven - Gas Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenLiving Room Unit2 Rooms 4 Unit2 Sq Ft 0

Property Features

Assessment Total 103000 Building Assessment 78600 Easement Unknown Exclusions All Personal Property Expenses Include Cold WaterInsuranceMaintenanceTaxes Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 43200 Home Warranty No Land Assessment 24400 Net Operating Income 33554 Renovated Year 2023 Sewer Public Sewer Tax Amount 3848 Tax Rate Amount 3.736 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 9646 Unit Style 2-Two StoryUnder/Over Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Lease Expiration 2023-10-31 Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1700 Unit2 Security Deposit 1700 Utilities All UndergroundGas-Natural Water Public Water Water Heater Gas Year Built Description ApproximateRenovated

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 201-559-5770.


Garden State MLS logo © 2023 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 Tejada Real Estate Partners | RE/MAX Select. 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 Tejada Real Estate Partners | RE/MAX Select 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 2023-09-22T23:46:18.57.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3861903-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3861903-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3861903-2.jpg
Logo
Tejada Real Estate Partners | RE/MAX Select
15 Bloomfield Ave
Montclair NJ, 07042