48 Magazine Street

Newark, NJ
$ 499,000 Beds 4 Baths 2
Monthly Estimate* How much can I afford?

Back on Market, buyer failed to perform. Investors/handyman/updates needed...The location and size of this house calls for a savvy investor/owner to do some simple updates to make this a perfect income producing property . Beautiful oversized 1 Family, 2 units with separate utilities, 2 kitchens. Motivated sellers see this oversized 1 family, it has 2 separate units with room to grow! This property has such amazing potential for any family to call home! Come check out all this large property has to offer you and your family! It also has a nice sized yard for relaxing, gardening, anything you'd like!

Single Family

  • Price
  • $ 499,000
  • Lot Size
  • 2,614 SqFt
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • Year Built
  • 1847
  • Half Bathrooms
  • 0
  • City, Zip
  • Newark
  • Taxes
  • $ 6783
  • County
  • ESSEX
  • Style
  • A-Frame
  • Area
  • Newark
  • MLS#
  • 22133776
  • Zip
  • 07105
Listing Provided by: Michael Jakubowski, Keller Williams Realty Central Monmouth
Data Source: Monmouth Ocean Regional REALTORS® (MOMLS)

Features

General

Basement Yes
Days on Market 55
Full Baths 2
Garage No
Ownership Type Fee Simple
Parking None
Pool Y/N No
Property Type A
Roof Shingled
Status Active/Under Contract
Stories 2.5
Style A-Frame
Sub-Type Detached
Subdivision None
Tax Year 2020
Taxes 6783.00
Type Single Family
Water Heater Natural Gas
Waterfront No
Waterview No
Year Built 1847
Zoning Single Family

Interior Features

# Level 1 - Baths 1.00
# Level 2 - Baths 1.00
Fireplace No
Interior Features Attic - Walk Up
Number of Garages 0.00
Total Bathrooms 2.00
Total Bedrooms 4
Total Rooms 12

Exterior Features

Acreage 0.06
Exterior Fence, Storage
Lot Dimensions 25 x 100
OUT BUILDINGS Storage Shed
Siding Vinyl
Water/Sewer Public Sewer, Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Pt. Pleasant Beach, NJ office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.49% 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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

10/14/2021 Listed $499,000

Property vs Zip Code Average in 07105

Price
AVG $320K
$500K
Taxes
AVG $4,611
$6,783
Visits
AVG 119
87
Year Built
AVG 1912
1847
Walkscore
AVG 89
91
Data Provided by Walkscore ® not using MLS data

Map

48 Magazine Street Newark, NJ is a Single Family Home for sale at $499000 and a lot size of 2,614 SqFt Acre(s). 48 Magazine Street Newark has 4 bedrooms, 2 baths and was built in 1847. The property's zip code is 07105 which is in Newark, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.49% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is 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.