| Leon & Delretha De Vose | Jordan Baris, Inc. | 973-763-7700 x 360 / 326 |
162 Scheerer Avenue, Newark, NJ | | REDUCED! 3--Family in Weequahic Section. Quiet Block. Good State "Green Card" 'til 2010. As-Is. Needs Cosmetics. | | | 5+ Bdrm Multi-Family, 3 units | | offered at $266,500 | | Year Built | Unspecified | | Sq Footage | Unspecified | | Bedrooms | 5+ | | Bathrooms | 3 full, 1 partial | | Floors | 3 | | Parking | 1 Car garage | | Lot Size | 3,628 sqft | | HOA/Maint | $0 per month |
DESCRIPTION
This three-family home is priced for a quick sale! It has everything you need to get started. Yes, it is being sold as-is, as it is part of an estate. However, the repairs that we have seen are cosmetic. The first and second floor feature two and four bedrooms, living room and dining room and an eat-in kitchen. The third floor unit has one bedroom a living room and an eat-in-kitchen.
The basement is a full, dry basement with approximately 7 ft. ceilings. There are storage areas, closets, laundry connections and a toilet. You could turn the basement into a workshop, rec. area, etc.
This property would work well as an investment or as an owner-occupied property. there is adequate yard space for cookouts, a garage and a gated driveway to park additional cars off the street. Guests (0r tenants) can park overnight on the street with no problem, as Newark only has alternate side of the street parking two days a week on this street.
The state requires that three (or more) family buildings be registered and inspected every five years. This property has a state "green card" that is good until 2010. You will just have to get the city code compliance and fire safety status inspections. These are done quickly and mainly look for health, electrical, plumbing and safety issues or major outside cosmetic issues. We did not note any that should arise as a problem. For the city code compliance you can get a temporary permit that will allow you to close and clear any violations within about four months.
For any additional questions, please feel free to call Leon and Delretha. We will be glad to answer your questions, show you the property and handle your purchase ( including assisting with finding financing, attorney, and inspector).
| | | | see additional photos below | | | | |
| COMMUNITY FEATURES
 Garage parking |
Guest parking |
Storage space(s) |
|
| | |
| Seller contact info: |  |
Leon & Delretha De Vose |
Jordan Baris, Inc. |
973-763-7700 x 360 / 326 |
For sale by agent/broker | |
| | | | | | | Posted: Oct 3, 2007, 11:27am PDT | |
Request more photos!
