Newark City, NJ, 07108 | $199,900

This location couldn't be better - it's a prime MULTIFAMILY spot. Get ready to unleash your creative side on this vacant lot. ADDITIONALLY features a FULLY RENOVATED 3 Car Garage/Office/Gym immaculately maintained, W/KITCHENETTE. IDEAL for Recreational use. Your dream home can become a reality, an OPPORTUNITY TO DESIGN YOUR OWN HOME! In addition, this location is in close proximity to all major transportation hubs. PERFECTLY Situated close to parks, restaurants, shopping centers, public transportation, houses of worship, and major highways to NEW YORK CITY, it offers convenience and accessibility. UPPER CLINTON Hills rarely OFFERS LOTS FOR SALE, This location boasts a generous 31x123 size, NESTLED PERFECTLY ON THIS GENERATIONALLY MULTIFAMILY TREE LINED STREET Don't miss out on this incredible opportunity! Available lot, in great location. Surrounded by many other new constructions. Perfect for a 2 or 3 MULTIFAMILY home.

Features

  • Zoning: Residntl
  • MLS#: 23024186
  • Days on Market: 279 days
  • Website: https://www.raveis.com
    /prop/23024186/79roseterrace_newarkcity_nj?source=qrflyer
Copyright © 2024  New Jersey Multiple Listing Service, Inc.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than William Raveis Real Estate are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed.
Listing courtesy of Better Homes and Gardens Real Estate Elite

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Newark City, NJ, 07108

$199,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $159,920 $159,920 $159,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.893% 7.171% 6.538%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,077 $1,063 $1,371
Total Monthly Payment $1,152 $1,138 $1,446

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.