127-129 Grafton Avenue Newark, NJ 07104

Multi-Family Home MLS #: 24010253 Courtesy Of Better Homes and Gardens Real Estate Coccia Realty

$1,200,000

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Est. Property Tax: $14,481
Estimated monthly payments: $6,452/mo.* (recalculate)
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Property InformationDescription

6 Family home with parkling for approx 8 cars. Solid all-brick building fully rented in good condition. Great investment opportunity. Features 5-3 bedroom 1 bath apartments and 1-2-bedroom 1 bath apartment. All have eat-in-kitchens & living room. 2 coin-operated washer/dryers for added income. Roof is approx 10 years old. Landlord provides heat for 3 units, 3 units have separate heat/central ac. Each tenant pays own hot water, cooking gas & electric. 5 apts have leases expiring July 31, 2024. Rent amounts: 1R-$1,163 1L-$1,417 - 2R-$1,560 - 2L-$1,417 - 3R $1,184 (m/m)- 3L-$1,388. Gross Income: $97,588 yearly - Laundry Income: Between $1,200 - Expenses: $7,000 (heat and electricity) Water: $4,700 Insurance: $6,445 yearly Maintenance: $2,040 (garbage and snow removal). Exterminator: $1,200 yearly - Boiler Worry free program - $1440 Year. Total Expense $35K Approx Net $64K.
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127-129 Grafton Avenue, Newark, NJ 07104
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School Information

127-129 Grafton Avenue, Newark, NJ 07104

Elementary School
Grades PK-4 | Public School
ELLIOTT STREET ELEMENTARY SCHOOL
Newark, NJ 07104
721 Summer Ave
973.­268.5360
Distance: 0.0 mi
School Rating
C-
Student:Teacher Ratio
15:1
Total Students
945
Middle School
N/A
High School
Grades 9-12 | Public School
CENTRAL HIGH SCHOOL
Newark, NJ 07108
250 18th Ave
973.­733.6378
Distance: 3.6 mi
School Rating
F
Student:Teacher Ratio
10:1
Total Students
729
High School
Grades 9-12 | Public School
EAST SIDE HIGH SCHOOL
Newark, NJ 07105
238 Van Buren St
973.­465.4900
Distance: 3.6 mi
School Rating
D-
Student:Teacher Ratio
14:1
Total Students
2024
High School
Grades 9-12 | Public School
MALCOM X SHABAZZ HIGH SCHOOL
Newark, NJ 07108
80 Johnson Ave
973.­733.6974
Distance: 4.3 mi
School Rating
F
Student:Teacher Ratio
10:1
Total Students
360
High School
Grades 9-12 | Public School
WEEQUAHIC HIGH SCHOOL
Newark, NJ 07112
279 Chancellor Ave
973.­705.3923
Distance: 5.6 mi
School Rating
F
Student:Teacher Ratio
10:1
Total Students
385
High School
Grades 9-12 | Public School
WEST SIDE HIGH SCHOOL
Newark, NJ 07103
403 S Orange Ave
973.­733.7019
Distance: 3.2 mi
School Rating
F
Student:Teacher Ratio
14:1
Total Students
620
High School
Grades 9-12 | Public School
TECHNOLOGY HIGH SCHOOL
Newark, NJ 07104
223 Broadway
973.­481.5962
Distance: 1.4 mi
School Rating
A
Student:Teacher Ratio
13:1
Total Students
685
High School
Grades 9-12 | Public School
BARRINGER HIGH SCHOOL
Newark, NJ 07104
90 Parker St
973.­268.5125
Distance: 1.7 mi
School Rating
F
Student:Teacher Ratio
14:1
Total Students
1600
High School
Grades 9-12 | Public School
NEWARK BRIDGES HIGH SCHOOL
Newark, NJ 07103
Distance: 3.0 mi
Other Nearby Schools Distance Type Grades School Rating
Maria Varisco Rogers Charter School 0.2 mi Public KG-8 D+
Cristo Rey Newark High School 0.2 mi Private 9-12
Luis Munoz Marin Elementary School 0.3 mi Public PK-8 D-
Ridge Street Elementary School 0.3 mi Public KG-8 C
St Peter School 0.7 mi Private PK-8
Park Elementary School 0.7 mi Public PK-8 D+
Robert Treat Academy Charter School 0.9 mi Public KG-8 C+
Garfield Elementary School 0.9 mi Public KG-6 D+
Belleville Ps8 1.0 mi Public KG-6 D-
Roosevelt Elementary School 1.0 mi Public KG-6 B+
Lincoln Middle School 1.0 mi Public 7-8 B+
Rafael Hernandez Elementary School 1.0 mi Public PK-8 D-
Belleville Ps4 1.0 mi Public PK-6 D+
1st Cerebral Palsy Of Nj 1.1 mi Private PK-12
Hudson Arts And Science Charter School 1.1 mi Public KG-8 C
Belleville Middle School 1.1 mi Public 7-8 C
Abington Avenue Elementary School 1.1 mi Public PK-8 D-
St Francis Xavier School 1.1 mi Private PK-8
Hornblower Early Edudcation Elementary School 1.1 mi Public PK
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Newark, NJ 07104

Median Age: 34.5
Married: 30%
Number of Households: 19,807
Households with Children: 32.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home