Residential Income For Sale

798 Bergen Street, Newark, Nj 07108

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Property Description

Welcome to this newly and impeccable 2 Family home built in 2023 with built-in garage, central A/C, and hardwood floors/ceramic tile throughout. Both spacious apartments feature a primary bedroom with an en suite full bathroom. 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 on 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 w/o the tax abatement. Full taxes will be paid in 2029. The whole house will delivered vacant.

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 24037558
Price : $799,900
Status : Active
Office Name : Signature Realty NJ LLC
Agent Name : Salome
Features
Utilities : Sep Elec, Sep Gas, Sep Heat
Architectural Style : 2 Family
Laundry Features : Hook Ups
Address Map
Country : US
State : NJ
County : ESSEX
City : Newark
Zipcode : 07108
Street : Bergen
Street Number : 798
Street Suffix : Street
Longitude : W74° 2' 18.5''
Latitude : N40° 40' 40.3''
Additional Information
Virtual Tour : https://tourwizard.net/cp/b8ed1985/
Garage : 1
On Market Date : 2024-11-25
Listing Information
Co List Agent Mls Id : 493466
List Agent Mls Id : 1026332
List Office Mls Id : 2904
Mls Status : Active
Modification Timestamp : 2025-03-14T01:37:09Z
Originating System Name : njmls
Status Change Timestamp : 2024-11-25
Residential Income For Sale
  • Listing ID : 24037558
$799,900
Agent info
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