216-218 Sunset Avenue, Newark, NJ 07106 - Photo 1

1/1

$556,000

Sold
Closed
Multi-Family
9 Total Beds

1/1

Property Description

Income producing legal 4 family in Newark! Cap rate at asking is over 5%. PNL is located in the docs section. Separate utilities. Three units are 2bed/1bath and one unit is 3bed/1bath. Parking for 6 located in rear of building.

Full Property Details

Full Property Details for 216-218 Sunset Ave

General

Sold For: $556,000
Taxes: $12,500
Status: Closed
Type: Multi-Family
Source: NJMLS
MLS ID: 22011942
Added to Site: 1, 529 day(s) ago

Interior

Number of Rooms: 12

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 9

Other Rooms

Laundry: None

Additional Information

Other Features: Sde/Sde

Location

Area: Newark
County: ESSEX

Utilities

Utility Description: Sep Elec, Sep Gas, Sep Heat, Sep Water

Structural Information

Architectural Style: 4 Family
Description/Design: Sde/Sde

Financial Considerations

For Sale: Yes
For Sale/Rent/Lease: For Sale
Tax Amount: $12,500

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Meet the listing agent

— 216-218 Sunset Ave —

Michael Filippelli

Email Me

(724) 622-6838 direct

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with our affiliated lender

NMLS#: 1598647

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Schools

Schools serving 216-218 Sunset Ave

School District:Newark City School District

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 216-218 Sunset Ave

Date

Details

Price

Change

Source

8/11/2023

Sold

$556,000

-18.11%

MLS

3/01/2023

Price Reduced

$679,000

-2.86%

MLS

10/03/2022

Price Reduced

$699,000

-2.9%

MLS

9/06/2022

Price Reduced

$719,900

-1.37%

MLS

5/24/2022

Price Reduced

$729,900

-2.55%

MLS

4/08/2022

Listed

$749,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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6
Total Beds

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Price Reduced

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$779,900

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Beds
2
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Price Reduced

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Price Reduced

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1
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Price Reduced

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$771,000

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Active
Updated 6 days ago

6
Total Beds

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$550,000

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Multi-Family
Closed
Updated 13 hours ago

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Sold

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Beds

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216-218 Sunset Avenue, Newark, NJ 07106 (MLS# 22011942) is a Multi-Family property that was sold at $556,000 on August 11, 2023. This property was listed by Michael Filippelli from our Alpine/Closter Office.Want to learn more about 216-218 Sunset Avenue? 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.

216-218 Sunset Ave Newark, NJ 07106