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303 Hobson St Newark City, NJ $ 670,000
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$ 670,000 Get more info
303 Hobson St
$ 670,000
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Share Save

303 Hobson St

Newark City, NJ, 07112
$ 670,000
Bedrooms8 Baths4.0

Monthly Estimate*

$ 4,453

303 Hobson St, Newark City, NJ 07112 - Image 1
Multi-Family Home for sale in Newark City, NJ for $670,000 with 8 bedrooms and 4 full baths. The lot size is 0.1.

Discover a rare find. Invest in a legal 4-family home in Newark with low taxes. Each unit has separate boilers and meters, making this home an ideal investment with strong positive cash flow. This property is a golden opportunity for you. Realtor is related to the seller. Property is being sold as-is. Buyer is responsible for the certificate of occupancy.

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Multi-Family Active

Price

$ 670,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 10,565

Style

Lot Size

0.1

Town/City

Newark City

County/Region

ESSEX

MLS | Web ID

3890435
Features
General
Sewer Public Sewer
Heating Baseboard - Hotwater
Cooling Window A/C(s)
Utilities Gas-Natural
Possession 0-30
Roof Flat
Architectural Style See Remarks
Exclusions personalty
Township Newark City
Tax Year 2023
Gross Income 61200
County Essex
Net Operating Income 56400
Operating Expense 4800
Total Rooms 16
Status Active
Directions Please use GPS.
Open Parking Spaces 3
Total Units 4
Street Name Hobson St
Tax Annual Amount 10565
Drive 2 Car Width
Days on Market 22
Standard Status Active
Tax Assessed Value 341700
Town # 1614
Tax Lot 55
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Interior
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Unit 4 Baths Total 1.0
Unit 4 Beds Total 2
Fuel Type Gas-Natural
Full Baths 4
Half Baths 0
Total Bedrooms 8
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Exterior
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions 41X101
Lot Size Acres 0.10
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* Excluded Features
List By
MARSHA OLIVER

Listing Agent

Keller Williams Team Realty

Broker

Affordability Calculator

$5,333
Per Month
83%
17%
0%
Monthly Principal & Interest
$4,453
Monthly Property Taxes
$880
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/13/2024$670,000 Listed Price

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303 Hobson St, Newark City, NJ, 07112 is a Multi-Family Home for sale at $670,000 with a lot size of 0.1. 303 Hobson St has 8 bedrooms and 4.0 baths. The property's zip code is 07112 which is in Newark City, NJ

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