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Property view

104 Goldsmith Ave, 
Newark City, NJ 07112

$680,000


Bed


Bath


-

Sq Ft


Multi-Family

Sold

Listed by

Marvin Williams

Coldwell Banker Realty

973-378-8300

MLS#

3923293

Source:

NJ GSMLS

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About This Home

104 Goldsmith Ave

Spectacular 3-Unit Multi-Family Investment Property featuring a total of 8 bedrooms and 3.5 baths. Includes semi-finished basement, full / standing height / walkout access plus half bath. This exceptionally large property boasts approximately 5,090 square feet and is located in the desirable Weequahic area of Newark.The potential annual rental income is $79,200, with annual taxes of $7,579, resulting in a net annual income of $71,621 before accounting for utilities and debt servicing. Currently, the rent roll is approximately $48,672 per year. Units 1 and 2 are expansive, each offering approximately 2,000 square feet. Both layouts are similar and each comes with 3 bedrooms, 1 bath, and separate formal living and dining rooms. Additionally, Unit 2 includes a bonus room, ideal for an office. Unit 3 comes with 2 bedrooms / 1 baths with living /dining room combo. Electrical utilities are all separate. Above ground Oil Tank serves unit 2 & 3 and Gas boiler unit 1. Property comes with newer hot water heaters, newer boilers, roof, siding, 2 car garage plus additional parking for 3 cars. Property is also covered by American Home Shield which is transferable. This commuter's delight is conveniently located in proximity to NYC bus stop & NYC trains / 10 Mins to Newark Liberty A/port and proximity to major highways, shopping malls.

Home Facts

Multi-Family

Built in 1922

Price Summary

600,000

MLS #:

3923293

Sold:

October 12, 2024


Structure

Structure

Year Built:

1922


Lot

Lot Size (Sq. Ft):

4,791


Finances & Disclosures

Finances

Price:

$600,000

Source:NJ GSMLS
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated December 25, 2024