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75 Baldwin Ave

16 Unit Block of Flats £769,440 (£48,090/Unit) Newark, NJ 07108

Executive Summary

Rare opportunity to purchase 16 rooms rooming house in Clinton Hills, Newark , New Jersey. Owner is retiring. At the present time 13 rooms with $120K income to owner being very selective on tenants. Only working people. Fully leased this building will generate aproxx. $160k yearly income, expenses total $44K. Owner will provide 75% financing with 25% down payment to qualified individual. POF funds required prior making an appointment.

Property Facts

Price £769,440 Building Class C
Price Per Unit £48,090 Lot Size 0.13 AC
Sale Type Investment Building Size 4,775 SF
No. Units 16 Average Occupancy 80%
Property Type Residential Number of Floors 3
Property Subtype Apartment Year Built/Renovated 1930/2024
Apartment Style Mid Rise Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £769,440
Price Per Unit £48,090
Sale Type Investment
No. Units 16
Property Type Residential
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.13 AC
Building Size 4,775 SF
Average Occupancy 80%
Number of Floors 3
Year Built/Renovated 1930/2024
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+3 8 £701.31 -
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Walk Score ®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(973) 420-2100

Contact

  • Lev Shetsen
    Lev Shetsen
  • Lev Shetsen, LLC

  • Listing ID: 34394081

  • Date on Market: 07/01/2025

  • Last Updated:

  • Address: 75 Baldwin Ave, Newark, NJ 07108

The Newark Residential Property at 75 Baldwin Ave, Newark, NJ 07108 is currently available. Contact Lev Shetsen, LLC for more information.

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75 Baldwin Ave
(973) 420-2100 x

75 Baldwin Ave

Lev Shetsen

(973) 420-2100

(973) 420-2100

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