7-9 Patten Pl
Newark City, NJ 07112
Price: $1,099,000
GSMLS: 4044619Type: Multi-Family
Style: Fourplex
Total Units: 4
Beds: 9
Baths: 4 Full
Garage: 2-Car
Year Built: Unknown
Acres: 0.11
Property Tax: $15,752
Description
Opportunity is knocking!!! An ideal investment for your portfolio, this turnkey multifamily property features 4 units - three 2 bedroom/1 bath apartments and a 3 bedroom/1 bath apartment. All units are currently tenant-occupied, providing an instant rental stream. Throughout the property you'll find some features like modern wood-looking flooring, fresh paint, updated bathrooms, and modern kitchens complete with white cabinetry, subway tile, and stainless steel appliances. The unfinished basement has high ceilings, offering future opportunity to maximize the space. Utilities are separate, including forced air heating and hot water heaters. Outside, you'll find a long concrete driveway leading to a rear parking lot. The home also has garage spaces for parking. Centrally located to schools, playgrounds, shops, public transportation, and major highways. Book your showing today!
General Info
Style:
Fourplex
SqFt Building:
n/a
Total Rooms:
17
Basement:
Yes - Full, Unfinished, Walkout
Interior:
n/a
Roof:
Flat
Exterior:
Brick, Vinyl Siding
Lot Size:
50X100
Lot Desc:
n/a
Parking
Garage Capacity:
2-Car
Description:
Detached Garage
Parking:
Concrete
Spaces Available:
4
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Microwave Oven, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Microwave Oven, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Microwave Oven, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric
Handicap:
No
Unit 4
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Microwave Oven, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric
Handicap:
No
Utilities
Heating:
4+ Units
Heating Fuel:
Electric
Cooling:
4+ Units, Central Air
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$1,099,000
Tax Amount:
$15,752
Land Assessment:
$24,400
Build. Assessment:
$369,500
Total Assessment:
$393,900
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4044619
List Date:
08-03-2026
Days On Market:
12
Listing Broker:
NATIONWIDE HOMES REALTY LLC
Listing Agent:
Hillel Weinberger
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: TownsquareVillageLiving.com
