$1,100,000
For Sale

1115 Broad St

Newark City, NJ 07114
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Very well-maintained historic 2-family home, built in 1877, located in downtown Newark in a community commercial zone that permits mixed-use for both residential and commercial purposes! The owner has paperwork authorizing the conversion to a legal three-family. This charming property features stunning woodwork, large rooms, wrap-around stairs, and ample storage. The 1st floor offers open recreational rooms, one bedroom, and a half bath. The 2nd floor includes an eat-in kitchen, living room, full bathroom, and three bedrooms. The 3rd floor features another eat-in kitchen, bedroom, living room, and a full bathroom. Enjoy a private backyard and the added security of a pre-wired system with cameras. The massive unfinished basement offers great potential for expansion. New water heater. This is a prime investment opportunity for residential, commercial, or mixed-use purposes. Selling 100% AS-IS. Buyer is responsible for all municipal inspections. A must-see this opportunity will not last!

  • Interior Details
      • Heating1 Unit, Radiators - Steam
      • Heating SourceElectric, GasPropL
    • Beds & Baths
      • Bedrooms5
  • Property Details
      • Exterior MaterialsBrick
    • Parking
      • Parking FeaturesOn-Street Parking
  • Construction Details
      • Property TypeMulti-Family
      • Basement DescriptionFull
      • BasementYes
    • Condition
      • Year Built1877
    • Material information
      • RoofFlat
  • Utilities / Energy Details
      • Utility FeaturesElectric, Gas-Natural
      • Sewer InformationPublic Sewer
      • WaterPublic Water
  • Other
      • MLS #3931626

Location

Julio GallardoReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00