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115 Polk St, Newark, NJ 07105
$659,000
115 Polk St, Newark, NJ 07105View this property at 115 Polk St, Newark, NJ 07105
115 Polk StNewarkNJ07105
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Property Description
Welcome to 115 Polk St., a charming two-family home nestled in the heart of Newark's Ironbound. Renovated back in 2002, this property offers a fantastic opportunity for investors or homeowners looking to put their personal touch on a well-loved residence. Each apartment in this home features 2 bedrooms and 1 bath, providing comfortable living spaces for multiple households or potential rental income. While the layout offers functionality and convenience, the home could benefit from some updates to bring it slightly up to modern times.One of the notable features of this property is the private driveway, providing coveted off-street parking for residents and visitors alike. Additionally, a bonus studio located in the rear of the home adds versatility and potential, whether utilized as a home office, artist's studio, or guest suite.While the property could use some renovations to enhance its appeal, the potential is endless for those with vision and creativity. Whether you're looking to customize the space to suit your lifestyle or seeking an investment opportunity, this home offers a solid foundation to build upon.Conveniently located in a desirable neighborhood, 115 Polk St. offers easy access to local amenities, including shops, restaurants, parks, and schools. Commuters will appreciate the close proximity to major highways and public transportation options, ensuring seamless travel throughout the area.Don't miss your chance to make this property your own.
Full Property Details
Full Property Details for 115 Polk St
General
- Price: $659,000
- Taxes: $6,162 (2023)
- Status: Active
- Type: Multi-Family
- MLS ID: 3900126
- Updated: 5/8/2024
- Added to Site: 24 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Metal Fence
Location
- County: Essex
- Driving Directions: Ferry St make right on Polk St
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 2 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Brick, Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished-Partially
- Roof: Asphalt Shingles, Rubberized
- Remodeled/Updated: 2002
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Laundry Room, Living Room
- Square Feet: 950
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 1000
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 102
- Driveway/Sidewalk: 1 Car Width, Driveway-Exclusive
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $95,300
- Land Assmt: $70,000
- Tax Amount: $6,162
- Tax Year: 2023
Disclosures and Reports
- Block: 1992
- Lot Number: 15
Listed by Vylla Home
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Schools
Schools serving 115 Polk St
School District:Newark Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
19 Wilson Ave, Newark, NJ 07105 | K-8 | 0.1 mi | |
205 Lafayette St, Newark, NJ 07105 | PK-8 | 0.4 mi | |
86 Oliver St, Newark, NJ 07105 | PK-8 | 0.7 mi | |
Newark School Of Global Studies
24 Crane St, Newark, NJ 07104 | 9-11 | 1.8 mi | |
Newark School Of Fashion & Design
239 Woodside Ave, Newark, NJ 07104 | 9-10 | 3.1 mi | |
Newark School Of Data Science & Information Technology
746 Sanford Ave, Newark, NJ 07106 | 9-10 | 4.3 mi | |
104 Oliver St, Newark, NJ 07105 | PK-5 | 0.7 mi | |
8 Hawkins St, Newark, NJ 07105 | K-8 | 0.8 mi | |
44 Hermon St, Newark, NJ 07105 | PK-8 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 115 Polk St
Date
Details
Price
Change
Source
5/08/2024
Listed
$659,000
50.63%
MLS
8/23/2021
Sold
$437,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 115 Polk St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$6,176
1%
$165,300
—
2021
$6,140
32%
$165,300
—
2021
$4,653
-25%
$165,300
—
2019
$6,217
2%
$165,300
—
2018
$6,105
4%
$165,300
—
2017
$5,885
3%
$165,300
—
2016
$5,686
4%
$165,300
—
2015
$5,470
12%
$165,300
—
2013
$4,881
—
$165,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 115 Polk St
115 Polk St, Newark, NJ 07105 (MLS# 3900126) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 115 Polk St is currently listed for $659,000 and was received on May 08, 2024. Want to learn more about 115 Polk St? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.