XX Hawkins St, Newark NJ 07105 Available

  • $425,000
  • 7 beds
  • 2 baths
  • 2,388 sqft
XX Hawkins St, Newark NJ 07105
The Moirai Group Ltd. is a principal party in a valid and assignable purchase and sales agreement, which allows The Moirai Group Ltd. to purchase a property in Newark, NJ. The decision has been made to offer this purchase and sales agreement to another cash buyer so as to allow you the opportunity to buy this property.
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Property Description
Own multifamily property in the HOT Ironbound Section of Newark. This large 2-family home boasts 7 bedrooms/2 bathrooms 2,388 sqft on 25’x95 lot. $100k of equity on day 1! Rent roll is $1,650/$1,800 month-tomonth. DON’T MISS OUT!
Sales Details
ARV: $530,000 (As-Is)
Buy Now Price: $425,000
Need Funding?
This deal has been pre-approved by Moirai Capital! We’re prepared to finance IN-HOUSE! We provide the deal and financing! Aggressive loan terms are available to borrowers of all experience levels. Fill out the loan application or call us to get started.
  • Residential (1-4 Units)
  • Rates Starting at 7.95%*
  • Loan Amount: $50K – $25M
  • Max Loan to Cost – 90% of Purchase
  • Price & 100% of Rehab Costs
  • Max Loan to ARV – 75%
  • Term Length – Up to 18 Months
  • Rates: Starting at 4.49%*
  • 5+ Unit Residential Properties
  • Eligible Mixed Use
  • Loan: $500,000 – $5,000,000
  • Max Loan to As-Is Value: (subject to min FICO)
  • Purchase/Rate-Term Refinance: 75%
  • Cashout Refinance:
  • • 75% (Loans<=$3MM)
  • • 70% (Loans>$3MM)
  • Term Length: 5, 10, & 30 Years
  • Residential 1-4 Units
  • Rates Starting at 7.95%*
  • Loan Amount – $50K – $2M
  • Max Loan to Cost (Land) 50% | 65% of Purchase (Land | Permitted Projects)
  • 100% of Rehab Costs
  • Max Loan to Cost (Total) – 85%
  • Max Loan to ARV – 75%
  • Term Length – Up to 18 Months
SERIOUS BUYERS ONLY PLEASE. Buyer must be purchasing with cash, hard or private money, or line of credit. 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.
All information, regardless of source, should be verified 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.
**After Repair Value is an estimate of what the property can be resold after repairs have been completed. All buyers should perform their own due-diligence.
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XX Hawkins St
Newark, New Jersey 07105
Square Feet:
Lot Size:
Assignment of Contract
Property Type:

Call 973-566-5475 for more details

Property Location