Newark, NJ 07103,131 Fairmount AVE
Newark, NJ 07103,131 Fairmount AVE
Newark, NJ 07103,131 Fairmount AVE
Newark, NJ 07103,131 Fairmount AVE
Newark, NJ 07103,131 Fairmount AVE
Newark, NJ 07103,131 Fairmount AVE
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$525,000

$525,000

Est.Price: ?

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Est. payment /mo

3,438 SqFt


SOLD DATE : 07/08/2024

Key Details

Sold Price $525,000

Property Type Multi-Family

Sub Type 3 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,438 sqft

Price per Sqft $152

MLS Listing ID 2407550R

Sold Date 07/08/24

Originating Board CJMLS API

Year Built 1900

Annual Tax Amount $7,009

Tax Year 2021

Lot Size 2,500 Sqft

Acres 0.0574

Lot Dimensions 100.00 x 25.00

Property 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.

Location

State NJ

County Essex

Rooms

Basement Full, Utility Room

Interior

Interior Features Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room, Den/Family Room), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room, Den/Family Room), Unit 3(2 Bedrooms, 1 Bath, Den/Family Room)

Heating Radiators-Steam

Cooling None

Flooring Unit 1 Carpet, Unit 2 Carpet, Unit 3 Carpet

Appliance Water Heater(Gas), Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)

Heat Source Natural Gas

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Asphalt

Handicap Access Unit 1 Accessibility Features, Unit 2 Accessibility Features, Unit 3 Accessibility Features

Parking Type On Street

Building

Lot Description See Remarks

Story 3

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 1400258000000029

Ownership Fee Simple

Energy Description Natural Gas

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Central Jersey MLS (CJMLS)
Listed by RE/MAX SELECT
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(908) 279-0593

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165 Passaic Ave, Fairfield, NJ, 07004, USA

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