$580,000
$475,000
22.1%For more information regarding the value of a property, please contact us for a free consultation.
1-3 Ricord ST Newark, NJ 07106
4,043 SqFt
Key Details
Sold Price $580,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,043 sqft
Price per Sqft $143
MLS Listing ID 2306776R
Sold Date 03/31/23
Originating Board CJMLS API
Year Built 1914
Annual Tax Amount $8,510
Lot Dimensions 100.00 x 50.00
Property Description
Welcome to the Vailsburg section of Newark where opportunity still knocks. Make this 3-family home your next home or investment property. 1-3 Ricord Street offers over 4,000 sq ft of living space and sits on a 50' x 100' corner lot with a detached 2-car garage. This home is being offered along with the adjacent 25' x 100' vacant lot (5 Ricord Street) which is zoned R-1 and allows for building a one-family home or kept as additional yard space. This means combined property taxes of approximately $8,150 and a total lot size of 7,500 sq ft! All tenants are month-to-month, and the current rents are below market. There is dining, entertaining, and shopping in town or in nearby South Orange and East Orange. And recreation in Vailsburg Park which is in proximity. This home is oil heated with a single furnace and has newer asphalt shingle roof (5 years old).
Location
State NJ
County Essex
Community Sidewalks
Rooms
Basement Partially Finished, Utility Room, Laundry Facilities
Interior
Interior Features Unit 1(Dining Room, 3 Bedrooms, Kitchen, Living Room), Unit 2(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room)
Heating Radiators-Steam
Cooling None
Appliance Water Heater(Gas), Water Heater
Heat Source Oil
Exterior
Exterior Feature Sidewalk, Fencing/Wall
Garage Spaces 2.0
Fence Fencing/Wall
Community Features Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Asphalt
Parking Type Detached Carport, Garage, Detached, 1-2 Car Parking
Building
Lot Description See Remarks, Level
Story 3
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 1614040380000000210000
Ownership Fee Simple
Energy Description Oil
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