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204 Parkhurst St. Newark, NJ 07114 204 Parkhurst St 5 Unit Apartment Building $1,668,124 CAD ($333,625 CAD/Unit) Newark, NJ 07114
EXECUTIVE SUMMARY
Excellent investment opportunity in Newark's fast developing Ironbound District. Property is a fully rented 5 family featuring separate utilities and updated units. Perfect for an owner occupant or opportunity for added income for investor. Located minutes from Newark Penn Station, major highways, and Newark International Airport. Take advantage of great rents, a strong rental demand, easily accessible amenities, restaurants, parks and schools. Don't miss this chance to invest in a growing neighborhood with long-term upside.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$140,122
|
$14.01
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$140,122
|
$14.01
|
| Taxes |
$16,835
|
$1.68
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$16,835
|
$1.68
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $140,122 |
| Annual Per SF | $14.01 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $140,122 |
| Annual Per SF | $14.01 |
| Taxes (CAD) | |
|---|---|
| Annual | $16,835 |
| Annual Per SF | $1.68 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $16,835 |
| Annual Per SF | $1.68 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $1,668,124 CAD | Building Class | B |
| Price Per Unit | $333,625 CAD | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 9,999 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1970/2018 |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Zoning | MX2 - multi-family | ||
| Price | $1,668,124 CAD |
| Price Per Unit | $333,625 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 9,999 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1970/2018 |
| Opportunity Zone |
Yes |
| Zoning | MX2 - multi-family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Storage Space
- Ceiling Fans
- Crown Molding
- Eat-in Kitchen
- Kitchen
- Oven
- Tub/Shower
- Basement
- Den
- Dining Room
- Family Room
- Island Kitchen
- Linen Closet
- Office
- Pantry
- Large Bedrooms
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 14-01164-0000-00041 | Total Assessment | $454,618 CAD (2025) |
| Land Assessment | $140,531 CAD (2025) | Annual Taxes | $16,835 CAD ($1.68 CAD/SF) |
| Improvements Assessment | $314,087 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
14-01164-0000-00041
Land Assessment
$140,531 CAD (2025)
Improvements Assessment
$314,087 CAD (2025)
Total Assessment
$454,618 CAD (2025)
Annual Taxes
$16,835 CAD ($1.68 CAD/SF)
Tax Year
2024
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204 Parkhurst St. Newark, NJ 07114 | 204 Parkhurst St
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