776 N 6th Street #C12 Newark, NJ 07107
Well-maintained two-bedroom condo near Branch Brook Park.
- Added:
- Aug 24, 2025
- Days on Market:
- 322
- Last Refresh:
- May 19 at 9:05 pm
Property Features for 776 N 6th Street #C12
General Information
- Standard status
- Active
- Size
- 990 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 1990
Listing office Weichert Realtors-Toms River (732) 240-0500
Listing date Aug 24, 2025
Source Kw
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Weichert Realtors-Toms River
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location near Branch Brook Park, transportation, highways, restaurants, and shopping, with easy access to NYC.
- Move‑in ready condition with recent updates including a rebuilt balcony, new A/C units, ceiling fan, and stainless‑steel stove.
- Spacious two‑bedroom layout with open concept living and dining area, ideal for entertaining.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.1k | $29.40 |
| − Vacancy | −$1.5k | −$1.53 |
| EGI | $27.6k | $27.87 |
| − OpEx | −$12.4k | −$12.54 |
| NOI | $15.2k | $15.33 |
