Newark City, NJ 07108,794 BERGEN STREET
Newark City, NJ 07108,794 BERGEN STREET
Newark City, NJ 07108,794 BERGEN STREET
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$759,999
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8 BD
3 BA
2,816 SqFt
Active

794 BERGEN STREET Newark City, NJ 07108

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UPDATED:

07/08/2024 06:39 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,816 sqft

Price per Sqft $269

MLS Listing ID 3905487

Style 3-Three Story

Bedrooms 8

Full Baths 3

Year Built 1902

Annual Tax Amount $8,017

Tax Year 2022

Property Description

Discover the epitome of investment opportunity with this impeccably maintained 3-family residence nestled in the heart of Newark, NJ's most sought-after locale. Property rents will cover the entire mortgage no matter FHA, VA, Conventional, or Cash . Boasting not only RECENTLY RENOVATED UNITS but also immense potential for added value, this property stands as a beacon for discerning investors. With tenants currently on month-to-month leases, the door is wide open for strategic upgrades and rental rate adjustments to maximize your returns.Situated in a prime commuter-friendly area, convenience is paramount. Bus stops conveniently stationed plus a new school across the street and a new police academy a mere block away, safety and education are prioritized.As Newark's landscape undergoes rapid revitalization, investing in this property means positioning yourself at the forefront of growth and development. Seize the opportunity to own a piece of Newark's promising future. Property qualifies for NEWARK LIVE GRANT : provides $20,000 no-interest loans to first-time homebuyers to purchase a home in Newark. Over a five-year period, 20 percent of the loan is forgiven for each full year in which the recipient has lived in the home.MUNICIPAL EMPLOYEE HOUSING ASSISTANCE PROGRAMThis program is similar to the Live Newark Closing Cost Program.. It provides $20,000 no-interest forgivable loans to purchase a home in Newark

Location

State NJ

County Essex

Zoning x

Rooms

Basement Full

Interior

Heating See Remarks

Cooling See Remarks

Heat Source See Remarks

Exterior

Exterior Feature Aluminum Siding

Garage See Remarks

Utilities Available See Remarks

Roof Type Asphalt Shingle

Parking Type On-Street Parking, See Remarks

Building

Sewer See Remarks

Water See Remarks

Architectural Style 3-Three Story

Others

Senior Community No


Garden State MLS(GSMLS)
Listed by WEICHERT REALTORS

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Isaac De Castro

Real Estate Advisor | 3561456; 1750974; 10401278264

+1(646) 626-7901

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794 BERGEN STREET