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56-58 Shaw Ave, Newark, NJ 07112
$499,999
56-58 Shaw Ave, Newark, NJ 07112View this property at 56-58 Shaw Ave, Newark, NJ 07112
56-58 Shaw AveNewarkNJ07112
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Property Description
*Excellent Investment Opportunity* in this 3 Family home on a large corner lot in thriving Newark! Boasting 8 Bedrooms, 5 Full Baths, Full Basement and ample parking, bursting with possibilities! Great for passive income, rent out all units, or live in one and rent out the others! Almost 3000 sq feet of finished living all through, the first floor unit offers 2 Beds, 2 Full Baths, Living rm, Dining rm and Eat-in-Kitchen. The second level unit offers 3 Beds, 1 Full Bath, Living Rm and Eat-in-Kitchen. Finished third floor offers 3 Beds, 1 Full Bath, Kitchen and Living area. Full Basement with storage, laundry, utilities and additional Full Bath. Separate utilities, semi-private entrances, plenty of parking and more! All in a prime commuter location just steps to public transit, shopping, dining, schools, St. Peters Park, Newark Beth Israel Medical Center, and easy access to major roads. Don't wait! Opportunity is knocking! *Showings begin Saturday 4/27
Full Property Details
Full Property Details for 56-58 Shaw Ave
General
- Price: $499,999
- Taxes: $6,464 (2023)
- Status: Active
- Type: Multi-Family
- MLS ID: 3898328
- Updated: 4/27/2024
- Added to Site: 17 day(s) ago
Interior
- Number of Rooms: 16
- Interior Features: Blinds, Carbon Monoxide Detector, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 8
Exterior
- Exterior Features: Curbs, Metal Fence, Open Porch(es), Partially Fenced, Sidewalk, Storm Door(s), Storm Window(s)
Location
- County: Essex
- Driving Directions: Wainwright St to Shaw Ave
School Information
- Elementary School: G CARVER
- High School: WEEQUAHIC
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: Radiators - Hot Water
- Heating Fuel: Oil Tank Below Ground
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas, Garbage Extra Charge
Structural Information
- Architectural Style: 3-Three Story, Under/Over
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt Shingles
- Square Feet: 2,934
- Year Built: 1927
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Porch, Storage
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room
- 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: 3
Lot Features
- Lot Size (Acres): 0.1
- Lot Dimensions: 42.11 x 100
- Driveway/Sidewalk: Additional Parking, Blacktop, Driveway-Exclusive
- Lot Description: Corner, Level Lot
Financial Considerations
- Expenses: Cold Water, Insurance, Maintenance, Taxes
- Assessment Amount: $143,600
- Land Assmt: $29,800
- Tax Amount: $6,464
- Tax Year: 2023
Disclosures and Reports
- Exclusions: Personal Belongings.
- Disclosures: Yes
- Block: 3063
- Lot Number: 8
Listed by Re/Max 1St Advantage
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Schools
Schools serving 56-58 Shaw Ave
School District:Newark Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
333 Clinton Pl, Newark, NJ 07112 | PK-8 | 0.2 mi | |
321 Chancellor Ave, Newark, NJ 07112 | K-8 | 0.4 mi | |
428 Hawthorne Ave, Newark, NJ 07112 | PK-8 | 0.4 mi | |
Newark School Of Data Science & Information Technology
746 Sanford Ave, Newark, NJ 07106 | 9-10 | 1.8 mi | |
Newark School Of Global Studies
24 Crane St, Newark, NJ 07104 | 9-11 | 3.6 mi | |
Newark School Of Fashion & Design
239 Woodside Ave, Newark, NJ 07104 | 9-10 | 5 mi | |
433 Peshine Ave, Newark, NJ 07112 | PK-8 | 0.8 mi | |
1 Belmont Ruyon Way, Newark, NJ 07108 | PK-8 | 1.1 mi | |
619 S 17th St, Newark, NJ 07103 | K-8 | 1.5 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 56-58 Shaw Ave
Date
Details
Price
Change
Source
4/27/2024
Listed
$499,999
—
MLS
Disclaimer: Historical sales 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 56-58 Shaw Ave
56-58 Shaw Ave, Newark, NJ 07112 (MLS# 3898328) is a Multi-Family property with 3 units containing 8 bedrooms and 5 full bathrooms. 56-58 Shaw Ave is currently listed for $499,999 and was received on April 27, 2024. Want to learn more about 56-58 Shaw 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.