612 N 5th St 7 Unit Apartment Building $2,494,380 CAD ($356,340 CAD/Unit) 6.70% Cap Rate Newark, NJ 07107
PROPERTY FACTS
| Price | $2,494,380 CAD |
| Price Per Unit | $356,340 CAD |
| Sale Type | Investment |
| Cap Rate | 6.70% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 4,650 SF |
| Average Occupancy | 93% |
| No. Stories | 3 |
| Year Built | 1920 |
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Individual Locking Bedrooms
- Private Bathroom
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
1 of 1
Walk Score®
Very Walkable (82)
Transit Score®
Excellent Transit (70)
PROPERTY TAXES
| Parcel Number | 14-00597-0000-00010 | Improvements Assessment | $323,936 CAD |
| Land Assessment | $230,048 CAD | Total Assessment | $553,984 CAD |
ZONING
| Zoning Code | N/Av, Newark |
