Listing Details

575 N 6Th St,Newark City, NJ 07107-2501

  • August 8, 2025

Description

Income producing property for sale in the north ward of Newark. Currently fully occupied, but first floor tenant vacate by the end of September.Strategically located, very close to mass transportation, few minutes away from the light rails that take you to the train Penn Station as well as shopping centers, a variety of restaurants and more.First floor can also be used as a commercial space for any type of retails store for property is within C-1 zoning ( Commercial-neighborhood). Please do your own due diligence. One of the units is in the back (rear unit)

Details

Last Updated On: August 8th, 2025 at 9:04 am
Property ID:PT-715588-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 799,000 $
Bedrooms:7

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 24.10X100
Lot Identifier: 45
Lot Description: Level Lot
Lot Identifier: 45

Home Details

Open Parking: 0
Basement: Yes
Renovated: 2024
Basmnt/Desc: Yes - Unfinished
Acreage: 0.06
Total Baths: 4.00
Unit Style: 3-Three Story
Number of Units: 4
Rooms: 14
Easement/Desc: No
Exterior Description: Brick, Stucco
Roof Description: Flat
Possesion: At closing
Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit 1 Levels: 1
Unit 1 Rooms: 3
Unit 1 Beds: 2
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Unit 1 Handicap: No
Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit 2 Levels: 1
Unit 2 Rooms: 3
Unit 2 Beds: 1
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Unit 2 Handicap: No
Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit 3 Levels: 2
Unit 3 Rooms: 4
Unit 3 Beds: 2
Unit 3 Baths: 1.0
Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Unit 3 Handicap: No
Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living Room
Unit 4 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit 4 Levels: 3
Unit 4 Rooms: 4
Unit 4 Beds: 2
Unit 4 Baths: 1.0
Unit 4 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Unit 4 Handicap: No
Unit 4 Room Description: Bedrooms, Eat-In Kitchen, Living Room
Color of Building: Gray
Block Identifier: 597
County Number: 16
Town Number: 1614
Color of Building: Gray
Easement: No
Block Identifier: 597
County Number: 16
Town Number: 1614
Possession: At closing

Taxes, Fees & Assessments

Gross Operating Income: 76800
Net Operating Income: 61640
Expense Include: Cold Water, Insurance, Taxes
Warranty: No
Tax ID For Property: 1614-00597-0000-00045-0000-
Tax Amount: $9,283.00
Tax Year: 2024
Tax Rate: 3.803%
Tax Rate Year: 2024
Farm Assessment: No
Land Assessment: $100,000.00
Building Assessment: $144,100.00
Total Assessment: $244,100.00
FHA Age Restricted: No

Utilities

Water Heater: Gas
Heat Source: Gas-Natural
Heat System: 4+ Units
Cool System: Wall A/C Unit(s)
Water: Public Water
Sewer: Public Sewer
Utilities: All Underground
Services: Cable TV Available

Other

Zoning: C-1

Features

  • Carbon Monoxide Detector
  • Smoke Detector
  • Tile Floors
  • Vinyl-Linoleum Floors

Statistics

Schedule a Tour

Similar Listings

32 Dodd St,East Orange City, NJ 07017-3418

549,900 $

Dodd St, East Orange City, Essex

Beds 5

244 Lincoln Ave,Cliffside Park Boro, NJ 07010-2307

1,149,000 $

Lincoln Ave, Cliffside Park Boro, Bergen

Beds 6

259 12Th Ave,Paterson City, NJ 07514-2844

479,900 $

12Th Ave, Paterson City, Passaic

Beds 5

71 Lindsley Ave,Newark City, NJ 07106-1920

975,000 $

Lindsley Ave, Newark City, Essex

Beds 6

225 S 9Th St,Newark City, NJ 07103-4563

849,000 $

S 9Th St, Newark City, Essex

Beds 7

255 Franklin St,Elizabeth City, NJ 07206-1624

655,000 $

Franklin St, Elizabeth City, Union

Beds 8

Write a Review

799,000 $

Reset password

Enter your email address and we will send you a link to change your password.

Get started with your account

to save your favourite homes and more

Sign up with email

Get started with your account

to save your favourite homes and more

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy
Powered by Estatik
Compare Properties
Add properties to compare.