$799,900
For Sale

798 Bergen St

Newark City, NJ 07108
Browse 97 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Welcome to this newly and impeccable 2 Family home built in 2023 with built-in garage, central air conditioning, and hardwood floors/ceramic tile throughout. Both spacious apartments feature a primary bedroom with an en suite full bathroom and two walk-in closets. Finished basement with separate entrance, additional room with unlimited possibilities, lots of storage space, summer Kitchen and a full bathroom. Property comes with the 10-year warranty for new construction against major structural defects (9 years left). Take advantage of the tax abatement in place, tax exemption started this year as of January 1st, 2024 and shall expire on December 31st, 2028. 0% payment in lieu of taxes in year 1 (2024), 20% payment in lieu of taxes in year 2 (2025), 40% payment in lieu of taxes in year 3 (2026), 60% payment in lieu of taxes in year 4 (2027), and 80% payment in lieu of taxes in year 5 (2028). Estimated full taxes are $16,185.32 based on the estimated 2023 tax rate of .03744, without the tax abatement. Full taxes will be paid in 2029. The whole house will be delivered vacant at closing.

  • Interior Details
      • InteriorIntercom, Walk-In Closet, Wood Floors
    • Heating & Cooling
      • Heating2 Units, Forced Hot Air
      • Heating SourceGas-Natural
    • Beds & Baths
      • Bedrooms6
  • Property Details
      • Exterior FeaturesPatio, FencPriv, FencVnyl
      • Exterior MaterialsBrick, Vinyl Siding
    • Parking
      • Parking FeaturesBlacktop, Concrete
      • ParkingBuilt-In Garage
      • Parking Spaces1
  • Construction Details
      • Property TypeMulti-Family
      • Basement DescriptionFinished
      • BasementYes
    • Condition
      • Year Built2023
    • Material information
      • RoofAsphalt Shingle
  • Utilities / Energy Details
      • Utility FeaturesAll Underground
      • Sewer InformationPublic Sewer
      • WaterPublic Water
  • Other
      • MLS #3935952

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
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Loan Amount
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