511 N 6th St Newark, NJ $ 475,000
511 N 6th St
$ 475,000
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511 N 6th St

Newark, NJ, 07107
$ 475,000
Bedrooms6 Baths3.0

Monthly Estimate*

$ 2,845

511 N 6th St, Newark, NJ 07107 - Image 1
511 N 6th St, Newark, NJ 07107 - Image 2
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511 N 6th St, Newark, NJ 07107 - Image 8

Multi-Family Home for sale in Newark, NJ

for $475,000 with 6 bedrooms and 3 full baths. This home was built in 1920 on a lot size of 0.06.

Fantastic opportunity in Newark, NJ! This two-family home, built in the 1920s, combines classic charm with modern updates. The second-floor apartment has been tastefully renovated with newer hardwood floors, cabinets, sheetrock, and appliances, offering a fresh and inviting space. The exterior features newer siding and a sizable, private, fenced-in backyard perfect for outdoor gatherings or relaxation. The full unfinished basement provides ample storage or potential for additional living space. Separate heating systems (oil and gas). 2nd floor is on the oil above-ground tank in the basement and 1st floor is on natural gas. Ideal for investors or owner-occupiers who want a home that needs TLC. This property is a versatile option with great potential! On-street parking only. The best offer will be considered. The buyer must be willing to close with a temporary certificate of occupancy.

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Multi-Family Active

Price

$ 475,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,708

Style

2-Two Story

Lot Size

0.06

Year Built

1920

Town/City

Newark

County/Region

Essex

MLS | Web ID

3930667

Features
General
Interior Features Smoke Detector Walk-In Closet Wood Floors
Sewer Public Sewer
Heating 2 Units Baseboard - Hotwater Radiators - Hot Water
Cooling Window A/C(s)
Utilities Electric Gas In Street
Possession nego
Roof Flat
Water Heater Gas Oil
Exterior Features Curbs Privacy Fence Sidewalk Storm Door(s)
Garage Spaces 0
Architectural Style 2-Two Story
Year Built 1920
Township Newark City
Tax Year 2023
Gross Income 38400
County Essex
Net Operating Income 27800
Operating Expense 10600
Total Rooms 10
Full Baths 3
Status Active
Directions Bloomfield Ave to 1st ave to N. 6th Street
Open Parking Spaces 0
NumberOfUnitsTotal 2
Tax Annual Amount 4708
Home Warranty Y/N No
Drive None On-Street Parking
Standard Status Active
Tax Assessed Value 126300
Town # 1614
Tax Lot 36
Farm Assessment No
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Interior
Basement Full Unfinished
Unit 1 Baths Total 2.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Fuel Type GasNatur OilAbIn
Half Baths 0
Total Bedrooms 6
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Exterior
Lot Features Level Lot
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
AUDELIZ PEREZ

Listing Agent

Keller Williams Realty

Broker

audeliz.angie.perez@gmail.com

Email

Affordability Calculator

$3,237
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,845
Monthly Property Taxes
$392
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/22/2024$475,000 Listed Price

Map


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511 N 6th St, Newark, NJ, 07107 is a Multi-Family Home for sale at $475,000 with a lot size of 0.06. 511 N 6th St has 6 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 07107 which is in Newark, NJ