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534 South 11th Street, Newark, NJ 07103
$550,000
534 South 11th Street, Newark, NJ 07103View this property at 534 South 11th Street, Newark, NJ 07103
534 South 11th StreetNewarkNJ07103
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Property Description
Welcome to an excellent investment opportunity in Newark! This multi-family property at 534 S 11th St offers a wealth of potential for savvy investors and owner-occupants alike. This property's unique, spacious layout provides the flexibility you need for your investment strategy. Whether you choose to rent all three units for a steady stream of rental income or reside in one unit while renting out the others, the choice is yours. Unit 1 boasts 3 beds, 1.5 bath. Units 2 & 3 each boast 3 bed & 2.5 bath. Additional features include washer/dryer in each unit and close to parks, schools, shopping and public transport. Don't miss out on this exceptional investment opportunity in Newark. With its multiple units, separate utilities, and owner-occupancy potential, this property has something to offer both seasoned investors and those looking to make their first foray into real estate. Act quickly to secure this property and start reaping the rewards of smart real estate investing.
Full Property Details
Full Property Details for 534 S 11th St
General
- Sold For: $550,000
- Taxes: $6,997
- Status: Closed
- Type: Multi-Family
- MLS ID: 23030657
- Added to Site: 221 day(s) ago
Interior
- Number of Rooms: 15
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 5
- Half Bathrooms: 3
Bedrooms
- Total Bedrooms: 9
Other Rooms
- Laundry: None
Parking
- Parking: None
- Garage Description: None
Location
- Area: 7
- County: ESSEX
Community
- Community Features: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
Heating & Cooling
- Heating/Cooling: Gas, Hot Air
Utilities
- Utility Description: Other (See Remarks)
Structural Information
- Architectural Style: 3 Family
- Exterior Const.: Fabricated Stucco
- Basement Desc.: Full, Yes
- Year Built: 1900-1939
Lot Features
- Property View: None
- Lot Description: Regular
Water Features
- Water Front Desc.: None
Financial Considerations
- Tax Amount: $6,997
Disclosures and Reports
- Ownership: Private
- Flood Zone: None
Listed and Sold by Compass New Jersey, LLC-Montclair (973) 310-7360, Shawn Chaconas (862) 246-9225
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Schools
Schools serving 534 S 11th St
School District:Newark Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
Michelle Obama School
186 14th Ave, Newark, NJ 07103 | PK-3 | 0.3 mi | |
602 Grove St, Irvington, NJ 07111 | PK-5 | 0.6 mi | |
Fourteenth Avenue School
26 Speedway Ave, Newark, NJ 07106 | K-4 | 0.8 mi | |
255 Myrtle Ave 281, Irvington, NJ 07111 | 6-8 | 1 mi | |
116 Hamilton St Bldg C, East Orange, NJ 07017 | 8-8 | 2.5 mi | |
116 Hamilton St, East Orange, NJ 07017 | 7-7 | 2.6 mi | |
321 Bergen St, Newark, NJ 07103 | 9-11 | 0.4 mi | |
403 S Orange Ave, Newark, NJ 07103 | 9-12 | 0.5 mi | |
246 18th Ave, Newark, NJ 07108 | 9-12 | 0.6 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 534 S 11th St
Date
Details
Price
Change
Source
1/08/2024
Sold
$550,000
2.8%
MLS
10/04/2023
Listed
$535,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
534 South 11th Street, Newark, NJ 07103 (MLS# 23030657) is a Multi-Family property that was sold at $550,000 on January 08, 2024. Want to learn more about 534 South 11th 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.