NJ
Essex
Newark City
07106
435 Kerrigan Blvd
435 Kerrigan Blvd, Newark City, NJ 07106
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Listing Type
Multi Family
Listing Status
Coming Soon
1
$800,000

Home Details for 435 Kerrigan Blvd

Price
$800,000
Type
Residential Income
Bedrooms
8
Total Bathrooms
4
Full Bathrooms
4
Square feet
5200
Year built
1930
Lot size acres
0.16
County
Essex
Total rooms
16
Garage
3
Basement
Full, Partially Finished, Walk-Out Access
MLS Listing#
4048578
Property Description

Well-maintained fully "Brick 4-family investment property in sought-after Upper Ivy Hill of Newark offering approximately 6,300 sq. ft The first-floor units each consist of 1 Br, while the second-floor units each feature 2 Brs, providing a current configuration of 6 Brs and 4 Bths. However, with the exceptionally spacious floor plan, both first-floor units offer the potential to accommodate a second Br, increasing the property to a possible 8-Br, 4-Bth configuration. The potential annual rental income for this property is $96,000, with annual taxes amounting to $10,227. This results in a net annual income of $85,773 before utilities and debt servicing charges. Property has hardwood floors throughout and comes with newer roofing, furnace and windows. Basement is full size, standing height, partially finished with unlimited potential. This is a commuter's delight, walking distance to NYC express 107 bus, 5 minute drive to NYC train station, 15 minutes from Newark Liberty Airport, and close to major highways and shopping malls

Property Features
  • Heating Information
    • Natural Gas
    • Hot Water
    • Radiant
  • Basement
    • Full
    • Partially Finished
    • Walk-Out Access
  • Utilities
    • Cable Available
    • Natural Gas Available
  • Parking
    • Off Street
    • Detached
  • Water Features
    • Public
Listing Courtesy: COLDWELL BANKER REALTY - 973-378-8300
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EXIT REALTY LUCKY ASSOCIATES
290 Ferry St., Newark, NJ 07105
Office
973 817 7700
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