Log In/Sign Up
Your email has been sent.
98 Davenport ave Newark NJ 07104 98 Davenport Ave 8 Unit Apartment Building $2,062,440 CAD ($257,805 CAD/Unit) 5.73% Cap Rate Newark, NJ 07107
Investment Highlights
- Very desirable neighborhood in north newark
Executive Summary
Prime desirable 8 unit 3 story bldg
In North newark
Very close to Belleville and Bloomfield border
can deliver vacant
Walking distance to NY busses NJ trainsit train and
Newark light rail train station
7 baseboard boiler
7 water heater
7 electric meters
7 gas meters
Can be delivered vacant
In North newark
Very close to Belleville and Bloomfield border
can deliver vacant
Walking distance to NY busses NJ trainsit train and
Newark light rail train station
7 baseboard boiler
7 water heater
7 electric meters
7 gas meters
Can be delivered vacant
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,062,440 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $257,805 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 5.73% | Building Size | 4,725 SF |
| No. Units | 8 | Average Occupancy | 80% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1944 |
| Price | $2,062,440 CAD |
| Price Per Unit | $257,805 CAD |
| Sale Type | Investment |
| Cap Rate | 5.73% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,725 SF |
| Average Occupancy | 80% |
| No. Stories | 3 |
| Year Built | 1944 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Refrigerator
- Oven
- Tub/Shower
1 1
Exceptionally walkable
90/100
Fairly drivable
50/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 14-00657-0000-00007 | Improvements Assessment | $434,236 CAD (2025) |
| Land Assessment | $164,848 CAD (2025) | Total Assessment | $599,084 CAD (2025) |
Property Taxes
Parcel Number
14-00657-0000-00007
Land Assessment
$164,848 CAD (2025)
Improvements Assessment
$434,236 CAD (2025)
Total Assessment
$599,084 CAD (2025)
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
John Kuruvilla
98 Davenport ave Newark NJ 07104 | 98 Davenport Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.