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27 Main Street, Newark, NJ 07105
$1,200,000
27 Main Street, Newark, NJ 07105View this property at 27 Main Street, Newark, NJ 07105
27 Main StreetNewarkNJ07105
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Property Description
Rare Gem in Ironbound, Newark NJ: Two Buildings, One Extraordinary Opportunity! Step into a realm of unparalleled investment potential in the coveted Ironbound section of Newark, NJ. This is an avenue to owning not one, but two remarkable buildings on a single lot. Imagine owning a triplex with three units, each featuring 2 bedrooms and 1 bath. But it doesn't end there. The ground-level unit opens up to a fully finished basement, complete with an additional kitchen, bedroom, and full bath, setting the stage for lucrative rental possibilities. Adjacent to the triplex is a modern masterpiece: a single-family home crafted with precision just a decade ago. More... Revel in the luxury of two oversized bedrooms, boasting custom closets with built-in shelving, and two full baths designed for indulgence and relaxation. Parking headaches? Not here. With ample space in the rear and two detached garages, your tenants will thank you for the convenience. This property isn't just an investment; it's a lifestyle upgrade waiting to happen. In a neighborhood known for its charm and vibrancy, opportunities like these are rare. Don't let this one slip through your fingers. Book your tour today and seize the chance to make this unparalleled property yours.
Full Property Details
Full Property Details for 27 Main St
General
- Sold For: $1,200,000
- Taxes: $12,699 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 2409623R
- Added to Site: 87 day(s) ago
Rental Information
- Lease/Rent Term: Unit 1(Month-Month), Unit 2(Month-Month), Unit 4(Month-Month)
Interior
- Interior Features: Unit 1(2 Bedrooms, Kitchen, Living Room, 2+ Baths), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 4(2 Bedrooms, Kitchen, 1 Bath, Living Room)
- Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Range/Oven, Washer), Unit 3(Range/Oven), Unit 4(Dryer, Range/Oven, Washer)
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage, Detached, 4 or More Car Parking
- Parking: Garage, Detached, 4(+)Car Parking
Location
- County: Essex
Heating & Cooling
- Cooling Type: A/C Wall Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit), Unit 3(A/C Unit)
- Heating Type: Baseboard, Forced Air
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Basement Desc.: Full, Slab, Utility Room
- Roof: Asphalt, Flat
- Stories/Levels: 3
- Year Built: 1941
Lot Features
- Lot Size (Acres): 0.1148
- Lot Size (Sq. Ft.): 5,001
- Lot Dimensions: 100.00 x 50.00
- Lot Features: See Remarks
- Lot Description: See Remarks
Financial Considerations
- Tax Amount: $12,699
- Tax Year: 2022
- Terms: Unit 1(Month-Month), Unit 2(Month-Month), Unit 4(Month-Month)
Disclosures and Reports
- Property ID: 1402046000000016
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Schools
Schools serving 27 Main St
School District:Newark Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
19 Wilson Ave, Newark, NJ 07105 | K-8 | 0.3 mi | |
8 Hawkins St, Newark, NJ 07105 | K-8 | 0.5 mi | |
205 Lafayette St, Newark, NJ 07105 | PK-8 | 0.8 mi | |
Newark School Of Global Studies
24 Crane St, Newark, NJ 07104 | 9-11 | 2.1 mi | |
Newark School Of Fashion & Design
239 Woodside Ave, Newark, NJ 07104 | 9-10 | 3.3 mi | |
Newark School Of Data Science & Information Technology
746 Sanford Ave, Newark, NJ 07106 | 9-10 | 4.7 mi | |
86 Oliver St, Newark, NJ 07105 | PK-8 | 1 mi | |
104 Oliver St, Newark, NJ 07105 | PK-5 | 1 mi | |
44 Hermon St, Newark, NJ 07105 | PK-8 | 1.2 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 27 Main St
Date
Details
Price
Change
Source
5/15/2024
Sold
$1,200,000
9.09%
MLS
3/21/2024
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
27 Main Street, Newark, NJ 07105 (MLS# 2409623R) is a Multi-Family property that was sold at $1,200,000 on May 15, 2024. Want to learn more about 27 Main Street? 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.