Realty 33, Inc
REAL ESTATE BLOG
TIPS FOF BUYING & SELLING REAL ESTATE IN UNION & ESSEX COUNTY NJ
2Fam W/ Bonus 3rd Floor, Asking $175,000
Available now - 2 family home in good shape with a big bonus 3rd flr unit. Located at 963 S 20th St, Newark. Asking price is $175,000.
Legal 2F home with possible 3F conversion. 6 Total bedrooms, 3 baths, driveway, unfinished basement. Newer windows, newer furnace and water heater, 2nd and 3rd flrs floors recently updated.
*Used to be a legal 3 family back in the day but was converted to a 2 family*
Unit 1: living room, dining room, kitchen, 2 bd, 1 bath, (occupied, needs work)
Unit 2: Living room, dining room, kitchen, 2 bd, 1 bath (vacant)
3rd Flr: 3 rooms, 1 bath. (vacant)
Basement: unfinished. 3 Electric meters, 2 gas meters, 2 furnaces, 2 water heaters.
Taxes: $6, 123
Click here for interior pics
NOTE: CASH or 203k loan only on this one.
For more information or to schedule a showing please call/text 973-506-9866 or reply to this email. Don't miss this opportunity.
FOR SALE! 127 Dewey St, Newark. Asking $229,000
Here we go, ANOTHER exclusive off-market deal presented by us.
If you're currently looking for a move-in-ready multi family home, you are probably well aware that the market is starting to get crazy. Prices are going up by the day, especially in Newark.
That's why this email is so important. This is a chance to get your hands on an awesome 2 family home on a quiet street in Upper Weequahic, without dealing with the competition that's out there in the market right now. This is a HUGE advantage.
This property is located at 127 Dewey St, Newark. Asking price is $229,000!!
The 2 family home features 5 total bedrooms, 3 full baths, partially finished basement, detached driveway on a nice big lot. This home is in great condition, freshly painted with updated kitchens and bathrooms.
Unit 1: living room, dining room, 2 bd, 1 abth, eat-in-kitchen.
Unit 2: dining room, 3 bd, 1 bath, eat-in-kitchen, spare storage room.
Basement: 1 room, 1 bth.
Click here for interior pics click here: Dropbox link
NOTE: Mortgage pre-approval required before showing. Please reach out to me if you need to get pre-approved.
For more information or to schedule a showing please call/text 973-506-9866 or reply to this email.
Don't miss this opportunity.
Do You Use Zillow, Or is Zillow Using You?
I Call it the Zillow monster. Why? Because It swallows up all the usable real estate data and makes us pay to get any of it out. We all pay Zillow in one form or another. Real estate professionals pay by having to buy into the paid advertisements to make themselves visible to potential prospects. Users pay by having to give up their email and phone number to get more information about a property.
Do you use Zillow for home searching? If so, this may be useful to you. I recently made a short video talking about the pros and cons of using Zillow, as well as some simple strategies for getting great information from your search without being bombarded by email and phone calls from random real estate agents.
So here's the truth Zillow doesn't want you to know: Zillow is not a Real Estate Company. Zillow is an internet company. Zillow sells Ads, not homes.
It's important to remember that Zillow is like the wild west for real estate listings. Anyone can post a listing about any property, and Zillow has little to no control over the accuracy of the information. Many times property data is inaccurate, and the status of a property for sale is almost never updated. To get the most out of Zillow, try these simple strategies:
1. ZESTIMATE is Zillow automated home value estimator but it is not a reliable source for your home's value. Do not rely on the Zestimate to determine what your home is worth. Instead, use recent sales data from your neighborhood to get an idea of what your home might sell for. Search for nearby comparable home sales by selecting "recently sold" under listing type and zooming in on the map to find comparable in your area. If you make a specific inquiry about your home's value, expect to be contacted by a local agent that has paid Zillow for their advertising platform. Remember, Zillow sells ads not houses. Zillow connects agents to buyers and sellers, and that's how they make their money.
2. When you're searching for homes for sale, or recently sold, sort by newest first. Zillow doesn't update the status of it's listings. If you are shopping for a home and looking at listings over 30 days old, chances are they are already under contract or sold. If you are really interested in a property, contact a local real estate agent to verify the information you are looking at is accurate before you get your hopes up.
Zillow can be a very useful tool for home buying and selling, but remember that they want to collect your contact information to resell and make money. Avoid this by performing your own manual searches and contact agents directly if you have questions about a particular property or you home value.
1Q 2018 REAL ESTATE UPDATE FOR 07112
Here is a quick update on how the real estate market in Weequahic is doing so far in 2018. Here are the highlights:
The year-over-year data shows continued growth in the real estate market in Weequahic. Inventory remains low, and I expect that trend to continue as many homeowners are still waiting for their home values to rise above "Pre -08' crash" levels before putting their homes on the market.
Weequahic continues to develop. There is significant investor activity, with many "house-flippers" buying property to renovate and resell. Each time one of these renovated homes is sold, the market pushes up a little bit higher. Last year, the highest sale price for a single family home was $375,000!!. This year, 2 homes already sold for $250,000!!
A number of large commercial developments are also expected to be completed this year. I will follow up on these changes and how they impact home values in a future email. That's all I have for now. but If you have any questions, please let me know!
174 Freeman Ave, East Orange - Asking $189,900
Are you looking for large 2 family home in up-and-coming East Orange? This one might be for you. 174 Freeman ave is a large 2 family with newer amenities & bonus attic w/3 rooms. Asking only $189,900!!
1st floor unit features 4BRs, living room, & updated eat-in-kitchen & bath. 2nd unit features 2 floors of living space - 2BRs on 2nd flr with living room, updated eat-in-kitchen & bath, & additional 3BRs on 3rd floor. Basement is partially-finished w/ full bath. Separate heat, hardwood floors throughout.
This home requires some repairs and is being offered in strictly "as-is" condition. Buyer is responsible for obtaining municipal fire & certificate of occupancy (I can help with that). Cash or 203k loan only. Will not qualify for FHA.
Take a look at some of the pictures below and let's get in touch if you're interested.
For more information or to schedule a showing please
call/text Silvio at 973-506-9866 or reply to this email.
Please reference *174 Freeman ave*
NEW LISTING 1024 Sanford Ave, Irvington
ABOUT THE AUTHOR
Experience is the chief author of the Realty 33 blog, as we continue to learn new things everyday. This blog is intended to educate and help those that wish to know more about the world of real estate.