612 N 5th St
Newark, NJ 07107
Multifamily Property For Sale
·
7 Units
PROPERTY FACTS
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| Cap Rate | 6.70% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 4,650 SF |
| Average Occupancy | 93% |
| No. Stories | 3 |
| Year Built | 1920 |
| Zoning | N/Av, Newark |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Individual Locking Bedrooms
- Private Bathroom
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
PROPERTY TAXES
| Parcel Number | 14-00597-0000-00010 | Improvements Assessment | $225,300 |
| Land Assessment | $160,000 | Total Assessment | $385,300 |
