129 Carolina Ave
Newark City, NJ 07106-2730
- 6 beds
- 4 baths
- – sqft
- 4,356 sqft lot
- 1944 build
- – on site
Well-maintained 4-family investment property offering a total of 6 bedrooms and 4 bathrooms. An impressive floor plan spanning approx 3,990 sqft is extremely spacious allowing for both 1-bedroom units to be easily converted into 2-bedroom units, providing excellent potential for increased rental income. The potential annual rental income for this property is $88,000, with annual taxes amounting to $7,929. This results in a net annual income of $80,071 before utilities and debt servicing charges. Currently, the rent roll is approximately $68,616 annually. Property has hardwood floors throughout and comes with newer roofing, furnace and windows. Basement is full size, standing height and amazing with unlimited potential. This is a commuter's delight, conveniently located near a NYC bus stop, 5 Minutes' drive to NYC train station, 15 minutes from Newark Liberty Airport, and close to major highways and shopping malls. ( Conventional loans only )
Listing courtesy of GSMLS / MARVIN WILLIAMS, 973-378-8300 / COLDWELL BANKER REALTY
Last checked:
Checking…
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Last updated Dec 26, 2024
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MLS# 3938979 —
The Building
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Construction Date/Year Built:1944
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Unit Style:Fourplex
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Roof Description:Asphalt Shingle
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Exterior Description:Aluminum Siding, Brick
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Basement:Yes
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Total # of Units:4
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Building SqFt:3,990 Sqft
Interior
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Total # of Rooms:18
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Interior Features:Fire Extinguisher, High Ceilings, Smoke Detector, Tile Floors, Wood Floors
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Basement Description:Bilco-Style Door, Finished-Partially, Full, Walkout
Location
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Directions:Carolina Ave
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Latitude:40.73788
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Longitude:-74.22615
The Property
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Lot Identifier:66
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Approx Lot Size:45 Sqft
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Lot Description:Level Lot
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Total Acres:0 Sqft
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Zoning:Residential
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Exterior Features:Curbs, Sidewalk
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Easements:No
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Assessment Land:22500
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Assess Amount Land Tax:*
Listing Agent
- Contact info:
- Agent phone:
- (973) 378-8300
- Office phone:
- (973) 378-8300
Taxes
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Tax ID For Property:1614-04043-0001-00066-0000-
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Tax Year:2023
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Tax Year:*
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Tax Rate:*
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Tax Rate Year:2024
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Tax Rate Amount:3.728
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Tax Amount:$7,929
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Lot ID Tax:*
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Lot Size Tax:*
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Acres Tax:$*
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Block ID Tax:*
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City Tax:$*
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County Tax:$*
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Zip Code Tax:*
Beds
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# of Bedrooms:6
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Unit 1 Bedrooms:1
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Unit 3 Bedrooms:2
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Unit 2 Bedrooms:1
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Unit 4 Bedrooms:2
Baths
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Total # of Baths:4.00
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Total # of Full Baths:4
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Unit 1 Baths:1.0
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Unit 2 Baths:1.0
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Unit 3 Baths:1.0
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Unit 4 Baths:1.0
Heating & Cooling
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Heating:1 Unit
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Water Heater:Electric, Gas
Utilities
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Utilities:Gas In Street
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Water:Public Water
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Fuel Type:Electric, Gas-Natural
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Sewer:Public Sewer
The Community
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Section/Subdiv/Development:Residential
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Services:Cable TV Available
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Assessment Total:212700
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Assessment Total Tax:*
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Assessment Bldg:190200
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Assess Amount Building Tax:*
Parking
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# of Parking Spaces:6
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Parking/Driveway Description:2 Car Width, Additional Parking, Blacktop, Driveway-Exclusive, Off-Street Parking
Extra Units
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Unit 1 SqFt:997
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Unit 2 SqFt:997
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Unit 3 SqFt:997
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Unit 4 SqFt:997
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Unit 1 Levels:1
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Unit 2 Levels:1
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Unit 3 Levels:1
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Unit 4 Levels:1
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Unit 1 Rooms:4
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Unit 2 Rooms:4
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Unit 3 Rooms:5
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Unit 4 Rooms:5
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Unit 1 Handicap Modified:No
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Unit 2 Handicap Modified:No
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Unit 3 Handicap Modified:No
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Unit 4 Handicap Modified:No
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Unit 1 Room Description:Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room
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Unit 2 Room Description:Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room
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Unit 3 Room Description:Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living/Dining Room
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Unit 4 Room Description:Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living/Dining Room
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Unit 1 Appliances/Equipment:Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
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Unit 2 Appliances/Equipment:Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
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Unit 3 Appliances/Equipment:Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
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Unit 4 Appliances/Equipment:Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/26/24
Dec 26, 2024
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Listed / Active | GSMLS | $650,000 | |
11/22/24
Nov 22, 2024
|
Listed / Active | GSMLS | ||
11/15/24
Nov 15, 2024
|
Sold Subject To Contingencies | GSMLS |