Newark City, NJ 07108,798 Bergen St
Newark City, NJ 07108,798 Bergen St
Newark City, NJ 07108,798 Bergen St
Newark City, NJ 07108,798 Bergen St
Newark City, NJ 07108,798 Bergen St
Newark City, NJ 07108,798 Bergen St
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$ 799,900
Est. payment | /mo

6 Beds

5 Baths

3,933 SqFt


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$ 799,900
Est. payment | /mo
Save

6 Beds

5 Baths

3,933 SqFt

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

Garden State MLS(GSMLS)
Listed by SIGNATURE REALTY NJ

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798 Bergen St