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125 Park Ave, Newark, NJ 07104
$619,000
125 Park Ave, Newark, NJ 07104View this property at 125 Park Ave, Newark, NJ 07104
125 Park AveNewarkNJ07104
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Property Description
Great opportunity to own this three family home with 1st and 2nd floor having three bedrooms, living room, dining room, kitchen and bath in each unit. 3rd floor has living room, kitchen, one bedroom and 1 bath. The tenants have been there a long time and the rent reflects on that. Each tenant are month to month.
Full Property Details
Full Property Details for 125 Park Ave
General
- Price: $619,000
- Taxes: $5,111 (2023)
- Status: Active
- Type: Multi-Family
- MLS ID: 3890022
- Updated: 4/15/2024
- Added to Site: 67 day(s) ago
Interior
- Number of Rooms: 13
- Interior Features: Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Exterior
- Exterior Features: Metal Fence, Patio
Parking
- Garage Description: None, On-Street Parking
Location
- County: Essex
- Driving Directions: Map quest
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 1 Unit, Forced Hot Air
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Aluminum Siding, Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Composition Shingle
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Porch
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Porch
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25.2 x 100
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Expenses: Cold Water, Maintenance, Taxes
- Operating Expenses: $8,000
- Assessment Amount: $118,000
- Land Assmt: $19,100
- Tax Amount: $5,111
- Tax Year: 2023
Disclosures and Reports
- Exclusions: all personal
- Block: 507
- Lot Number: 36
Listed by Giaccio Signature Properties
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Schools
Schools serving 125 Park Ave
School District:Newark Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
42 Park Ave, Newark, NJ 07104 | PK-4 | 0.2 mi | |
291 N 7th St, Newark, NJ 07107 | K-8 | 0.4 mi | |
1 Colonnade Pl, Newark, NJ 07104 | PK-8 | 0.5 mi | |
Newark School Of Global Studies
24 Crane St, Newark, NJ 07104 | 9-11 | 0.5 mi | |
Newark School Of Fashion & Design
239 Woodside Ave, Newark, NJ 07104 | 9-10 | 1.4 mi | |
Newark School Of Data Science & Information Technology
746 Sanford Ave, Newark, NJ 07106 | 9-10 | 3.3 mi | |
257 Summer Ave, Newark, NJ 07104 | PK-8 | 0.5 mi | |
150 3rd St, Newark, NJ 07107 | K-8 | 0.5 mi | |
345 Broadway, Newark, NJ 07104 | K-8 | 0.7 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 125 Park Ave
Date
Details
Price
Change
Source
4/15/2024
Price Reduced
$619,000
-8.84%
MLS
3/10/2024
Listed
$679,000
—
MLS
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 125 Park Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$5,122
—
$137,100
—
2021
$5,119
33%
$137,100
—
2021
$3,859
-25%
$137,100
—
2019
$5,156
2%
$137,100
—
2018
$5,063
4%
$137,100
—
2017
$4,881
3%
$137,100
—
2016
$4,716
4%
$137,100
—
2015
$4,537
7%
$137,100
—
2014
$4,251
—
$137,100
—
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 125 Park Ave
125 Park Ave, Newark, NJ 07104 (MLS# 3890022) is a Multi-Family property with 3 units containing 7 bedrooms and 4 full bathrooms. 125 Park Ave is currently listed for $619,000 and was received on March 10, 2024. Want to learn more about 125 Park Ave? 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.