115 Polk Street

Newark, NJ 07105

$659,000
Price
4
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to 115 Polk St., a charming two-family home nestled in the heart of Newark's Ironbound. Renovated back in 2002, this property offers a fantastic opportunity for investors or homeowners looking to put their personal touch on a well-loved residence. Each apartment in this home features 2 bedrooms and 1 bath, providing comfortable living spaces for multiple households or potential rental income. While the layout offers functionality and convenience, the home could benefit from some updates to...Welcome to 115 Polk St., a charming two-family home nestled in the heart of Newark's Ironbound. Renovated back in 2002, this property offers a fantastic opportunity for investors or homeowners looking to put their personal touch on a well-loved residence. Each apartment in this home features 2 bedrooms and 1 bath, providing comfortable living spaces for multiple households or potential rental income. While the layout offers functionality and convenience, the home could benefit from some updates to bring it slightly up to modern times. One of the notable features of this property is the private driveway, providing coveted off-street parking for residents and visitors alike. Additionally, a bonus studio located in the rear of the home adds versatility and potential, whether utilized as a home office, artist's studio, or guest suite. While the property could use some renovations to enhance its appeal, the potential is endless for those with vision and creativity. Whether you're looking to customize the space to suit your lifestyle or seeking an investment opportunity, this home offers a solid foundation to build upon. Conveniently located in a desirable neighborhood, 115 Polk St. offers easy access to local amenities, including shops, restaurants, parks, and schools. Commuters will appreciate the close proximity to major highways and public transportation options, ensuring seamless travel throughout the area. Don't miss your chance to make this property your own.
  1. Listed by RYAN OLIVEIRA • VYLLA HOME

Property Details for 115 Polk Street

Directions
Ferry St make right on Polk St
Days On Market
2

Location

Listing Courtesy of VYLLA HOME, RYAN OLIVEIRA
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LISTING UPDATED: 05/08/2024 03:02 AM

Property Details for 115 Polk Street

StatusActive
MLS #3900126
Days on Market14
Taxes$6,162 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2-Two Story
Year Built-
Lot Size0.06 AC / 2,613 SF
CountyEssex County

Location

Listing Courtesy of VYLLA HOME, RYAN OLIVEIRA
Add your commute

Building Information for 115 Polk Street

Stories-Residences2Year Built-Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$4,110 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,596

Property Taxes

$514

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 115 Polk Street

Summary
Location and General Information
  • Active Days on Market: 2
  • Renovated Year: 2002
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 1992
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 115.0
  • # Parking Spaces: 3
  • County Or Parish: Essex
  • Street Name: Polk St
  • Zip Code: 07105-2815
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $6,162
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 165300.0
  • Tax ID For Property: 1614-01992-0000-00015-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width, Driveway-Exclusive
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 15
  • Approximate Lot Size: 25X102
  • Total Acres: 0.06
  • Construction Date/Year Built Des: Renovated
Property and Assessments
  • Assessment Bldg: 95300.0
  • Assessment Land: 70000.0
  • Farm Assessment: No
Utilities
  • Cooling: Window A/C(s)
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 2 Units, Baseboard - Hotwater
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Metal Fence
Interior Features
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
  • Roof Description: Asphalt Shingle, Rubberized
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Laundry Room, Living Room
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 950.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 1000.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00
Rental
Rental Information
  • Home Warranty: false

Property History for 115 Polk Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 115 Polk Street

Taxable ValueLand$70,000Additions$95,300Total$165,300
Tax Record2022$6,176 ($515 / month)
Home Facts
Beds0Total Finished SqFt1,632 SqFtAbove Grade Finished SqFt1,632 SqFtStories2Lot Size2,548 SqFtStyleSingle Family ResidenceYear Built1907CountyESSEXAPN14 01992-0000-00015

Schools near 115 Polk Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 3
Rating
School
Distance
Wilson Avenue Elementary School
PublicK to 8

East Side High School
Public9 to 12

Lafayette Street Elementary School
PublicPK to 8

East Ward Elementary School
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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115 Polk Street is a multi-family home for sale in Newark, NJ 07105. This property was listed for sale on May 6, 2024 by VYLLA HOME, it's currently listed at $659,000. This listing's school district is The Newark Public School District. Nearby schools include Wilson Avenue Elementary School, East Side High School and Lafayette Street Elementary School. 115 Polk Street is a 4-bed, 2-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of VYLLA HOME, RYAN OLIVEIRA

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 05/20/2024 06:46 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.