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260 Ferry St

Newark City, NJ 07105
  • $599,000
  • STATUS: Active Under Contract
  • ON SITE: 47 Days
  • MLS #: 3801274
Under Contract
UPDATED: 45 min ago
$599,000
  • 6
    BEDS
  • 0.06
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1880
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Location, Location, Location! That is what you will find in this great investment opportunity to own property in the desirable Ironbound Section of Newark, 3 rental apartments, owner occupied, All units are under market value except 2nd floor that receives $2,000. First floor could be commercial. You just have to go in front of the board for approval. All are rented but are month-to-month. The buyer is responsible for CO. House is being sold "As Is." 2,438 square feet. Abundant restaurants and shops are spread throughout the area, many lined along Ferry Street and Elm Street. Nestled along the Passaic River, residents enjoy waterfront views and sweeping views of the city from places like Riverbank Park. North Ironbound is very friendly, offering safe streets and good public schools, low taxes. Needs some TLC.

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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 The Karen W. Peters Group | Coldwell Banker. 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 The Karen W. Peters Group | Coldwell Banker 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 2022-09-26T20:46:31.593.
www.karenpetersgroup.com/homes/131998645
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260 Ferry St Newark City, NJ 07105

  • Price: $599,000
  • Status: Active Under Contract
  • On Site: 47 Days
  • Updated: 45 min ago
  • MLS #: 3801274
6
Beds
3
Baths
0
½ Baths
0.06
Acres
1880
Built
Neighborhood:
Ironbound
County:
Essex
Area:
Newark City
Elementary School:
Wilson Ave
Middle School:
East Side
High School:
East Side
Property Description
Location, Location, Location! That is what you will find in this great investment opportunity to own property in the desirable Ironbound Section of Newark, 3 rental apartments, owner occupied, All units are under market value except 2nd floor that receives $2,000. First floor could be commercial. You just have to go in front of the board for approval. All are rented but are month-to-month. The buyer is responsible for CO. House is being sold "As Is." 2,438 square feet. Abundant restaurants and shops are spread throughout the area, many lined along Ferry Street and Elm Street. Nestled along the Passaic River, residents enjoy waterfront views and sweeping views of the city from places like Riverbank Park. North Ironbound is very friendly, offering safe streets and good public schools, low taxes. Needs some TLC.
Exterior Features

Approximate Lot Size 24.4X100.3 Color Of Building White Exterior Description Composition Shingle Exterior Features CurbsEnclosed Porch(Es) Lot Description Level Lot Number Of Parking Spaces 0 Parking Driveway Description None Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Full Cooling None Heating Radiators - Steam Interior Features Carbon Monoxide DetectorFire ExtinguisherSmoke Detector Total Number Of Rooms 15 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving Room Unit1 Rooms 4 Unit1 Security Deposit 0 Unit1 Sq Ft 800 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenLiving RoomPorch Unit2 Rooms 4 Unit2 Sq Ft 800 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description BedroomsEat-In KitchenLiving RoomPorchUtility Room Unit3 Rooms 4 Unit3 Sq Ft 800

Property Features

Assessment Total 191000 Building Assessment 135800 Easement No Fha Age Restricted No Fuel Type Oil Tank Below Ground Gross Operating Income 0 Home Warranty No Land Assessment 55200 Net Operating Income 0 Services Cable Tv AvailableGarbage Included Sewer Public Sewer Tax Amount 7258 Tax Rate Amount 3.734 Tax Rate Year 2021 Tax Year 2021 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays Water Unit1 Rent 1200 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays Water Unit2 Rent 2000 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays Water Unit3 Rent 1200 Unit3 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Water Heater From Furnace Year Built Description Approximate

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Weichert Realtors: 973-584-2300.


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 The Karen W. Peters Group | Coldwell Banker. 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 The Karen W. Peters Group | Coldwell Banker 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 2022-09-26T20:46:31.593.
 
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The Karen W. Peters Group | Coldwell Banker
1410 Valley Road
Wayne NJ, 07470