798 Bergen St Under Contract Save Request In-Person Tour Request Virtual Tour
Newark City,NJ 07108
Key Details
Property Type Multi-Family, Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 3,933 sqft
Price per Sqft $203
MLS Listing ID 3935952
Style 3-Three Story
Bedrooms 6
Full Baths 5
Year Built 2023
Tax Year 2023
Lot Size 2,613 Sqft
Property Description
Welcome to this newly and impeccable 2 Family home built in 2023 with built-in garage, central air conditioning, and hardwood floors/ceramic tile throughout. Both spacious apartments feature a primary bedroom with an en suite full bathroom and two walk-in closets. Finished basement with separate entrance, additional room with unlimited possibilities, lots of storage space, summer Kitchen and a full bathroom. Property comes with the 10-year warranty for new construction against major structural defects (9 years left). Take advantage of the tax abatement in place, tax exemption started this year as of January 1st, 2024 and shall expire on December 31st, 2028. 0% payment in lieu of taxes in year 1 (2024), 20% payment in lieu of taxes in year 2 (2025), 40% payment in lieu of taxes in year 3 (2026), 60% payment in lieu of taxes in year 4 (2027), and 80% payment in lieu of taxes in year 5 (2028). Estimated full taxes are $16,185.32 based on the estimated 2023 tax rate of .03744, without the tax abatement. Full taxes will be paid in 2029. The whole house will be delivered vacant at closing.
Location
State NJ
County Essex
Rooms
Basement Finished
Interior
Interior Features Intercom, Walk-In Closet, Wood Floors
Heating Gas-Natural
Cooling 2 Units, Central Air
Heat Source Gas-Natural
Exterior
Exterior Feature Brick, Vinyl Siding
Parking Features Built-In Garage
Garage Spaces 1.0
Utilities Available All Underground
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No