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For Sale


Est. Mortgage: $888 / mo  (See all costs)


Est. Mortgage: $888 / mo  (Mortgage)

For Sale

57 Fabyan Pl Newark, NJ 07108 (Upper Clinton Hill) See your commute times

  • Condo
  • 9 Bedrooms
  • 6 full Bathrooms
  • Lot size: 2,836 sqft
  • Built in 1940
  • 78 Days on Trulia

Home Details for 57 Fabyan Pl

78 Days on Trulia
Amazing Multi-family Home For Sale, 15BD/6BA in...
57 Fabyan Pl This is a large 6-family building in Upper Clinton Hills. It consists of three 3 bedroom apartments and three 2 bedrooms. Building will be delivered vacant. A few re-modelling updates were done, but the basement requires work, and a little TLC to the units. Building to be sold strictly in AS-IS condition Newark's Section 8 vouchers are as followed 1 Bedroom $971 2 Bedroom $1,107 3 Bedroom $1,597 4 Bedroom $1,772 Link to Section 8 website is : http www.newarkha.org/lti_hcvp.php Using the chart above these would be the numbers Gross Rent per year $97,344 Taxes per year $11,000 Insura...nce per year $3,500 5% Vacancy rate $4,897 Water per year $2,400 (all other utilities separate) Property Manager $6,000 (garbage/maintenance etc. $500/month) Total Net $69,547 CAP RATE 26.24% TO SCHEDULE A SHOWING PLEASE CALL JOHN AT 908-759-3161 SERIOUS BUYERS ONLY PLEASE. Buyer must be purchasing with cash, hard or private money, or line of credit and able to close within (10) days or less. 10% Non-Refundable deposit due within 48 hrs of acceptance. Property being sold "as is", any and all inspections and certifications, including Certificate of Occupancy will be Buyer's responsibility. Free and clear title, quick closing offered. TO MAKE AN OFFER CALL John at 908-759-3161. All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes. The buyer is responsible at their sole cost and expense to obtain all required permits, approvals, and certificates, including but not limited to the certificate of occupancy and smoke detector certification.
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Bragaw Avenue Elementary School
Below Average

Bragaw Avenue Elementary School
Below Average

Weequahic High School
Below Average
Features for 57 Fabyan Pl

Information last updated on 07/16/2015 12:00 AM:
    • Price: $185,000
    • 9 Bedrooms
    • 6 full Bathrooms
    • Condo
    • Status: For Sale
    • Parking: Garage Attached
    • Lot Size: 2,836 sqft
    • Built in 1940
    • Neighborhood: Upper Clinton Hill

Public Records for 57 Fabyan Pl

Official property, sales, and tax information from county (public) records as of 06/2015:
    • Apartments (generic)
    • Parking: Detached Garage
    • Construction: Frame
    • Lot Size: 2,836 sqft
    • Parking Spaces: 1
    • County: Essex
    • Stories: 3 story
    • 6 Units
57 Fabyan Place, Newark NJ
57 Fabyan Pl
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Monthly mortgage for 57 Fabyan Pl

Property Taxes and Assessment for 57 Fabyan Pl

Year Tax Assessment Market
2015 N/A $367,900  N/A
2014 $11,409 N/A N/A
Source: Public Records

Home Services For 57 Fabyan Pl

Real Estate Trends in Upper Clinton Hill

Listing price for 57 Fabyan Pl $185,000  
Average listing price for similar homes $187,503 1% above listing price
Average sale price for similar homes $193,360 5% above listing price
Average listing price for all homes in Upper Clinton Hill $183,204 1% below listing price

Comparables and Estimates around 57 Fabyan Pl

4 br / 2 ba
Single-Family Home
OPEN HOUSE Sun Oct 16, 2pm to 4pm

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