Newark City, NJ 07105 396 E Kinney St
$2,125,000
Pending
9 more
Presented By: EXIT REALTY LUCKY ASSOCIATES; 973-817-7700
- MLS# 3949038
- 03/05/2025
Disclaimer: The information contained in this listing has not been verified by MyHouseNJ.com and should be verified by the buyer.
Full/Half Baths • 0 / 7
SQFT • 9,999
Home Details
Completely Renovated in 2022. This brick building is Turnkey Ready with 7 units, 2 Bedroom 1 bathroom each. Stainless Steel Appliances, Central AC and Heat, Intercom system plus a washer and dryer in each unit. Fully Rented with Excellent tenants. Excellent location to Grammer School and High School. Close to all major highways, the finest bakeries, restaurants and supermarkets of the Ironbound. Income and Expenses are available upon request.
Presented By: EXIT REALTY LUCKY ASSOCIATES; 973-817-7700
Interior Features for 396 E Kinney St
Bedrooms
Num 4 Bed Units
Bathrooms
Num Units w/Full Bath7
Num Units w/Half Bath
Half Baths7
Other Interior Features
Price Per Sq Ft999.99
Available Sq Ft9999
Num 3 Bdrm Units0
Num 2 Bdrm Units7
Num 1 Bdrm Units
BasementFinished, Full, Walkout
FlooringLaminate, Tile
Fuel TypeGas-Natural
Total Stories4
General for 396 E Kinney St
Cap Rate6.00
ConstructionBrick/Block
Cooling4+ Units, Central Air
CountyEssex
DirectionsFrom Elm Rd to E. Kinney
Documents AvailableIncome & Expenses
DriveNone
EasementUnknown
Equipment AvailableAppliances, Intercom, Smoke Detector, Sprinkler System
Farm AssessmentNo
Garage Spaces
Gross Income176100
Heating4+ Units, Forced Hot Air
Leasable Area9999
LocationResidential Area
Net Operating Income136085
Num Apts7
Number Of Units Total7
Operating Expense40615
OwnerPaysWater
OwnershipFee Simple
Possessionat closing
Property TypeApartment Complex
Property TypeApartment Complex
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount13820
Tax Assessed Value363400
Tax Lot28
Tax Year2024
Tenant PaysElectric, Gas
Town #1614
TownshipNewark City
UtilitiesAll Underground
Year Built9999
Zoningres
Exterior for 396 E Kinney St
Building Area Total9999
Exterior DescriptionBrick/Block
Lot Dimensions28X100
Lot Size Acres0.06
Max Ceiling Height0
Max Door Height0
Number of Bays0
Number of Docks0
Water SourcePublic Water
Additional Details
Price History
