New Construction
Address
116 Magazine St Newark City, NJ
Price
$ 1,799,000
Property Attributes
  • ID#3698392
  • TypeCommercial
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • Zip07105
  • StyleApartment Complex
  • Taxes16815
  • Price$ 1,799,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms24
  • Lot Size2,614 SqFt
Listing Provided Courtesy Of:
EXIT REALTY LUCKY ASSOCIATES
Data Source:
Garden State MLS
Property Description

Approved to build 24 units with 24 parking. Great location in the Ironbound. Approved site plan available upon request. Construction drawings not included.Currently used as 4 warehouses. Current NOI $42,853 . One warehouse vacant

Price History
3/17/2021 Listed $1,799,000

General Features

Construction See Remarks
Cooling 4+ Units
Drive Off-Street Parking, Parking Lot-Exclusive
Flooring See Remarks
Garage Spaces 24
Heating 4+ Units
Num Apts 24
Property Type Apartment Complex, See Remarks
Property Type Apartment Complex
Roof See Remarks
Sewer Public Sewer
Tax Annual Amount 16815
Total Units 24
Town # 1614
Township Newark City
Utilities Electric, Gas In Street
Zoning R3

Interior Features

Fuel Type Electric, Gas-Natural
Num 1 Bdrm Units 15
Num 2 Bdrm Units 8
Num Units W/full Bath 24

Exterior Features

Building Area Total 35070
Exterior Description See Remarks
Lot Dimensions 100x100
Total Parking 24
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 07105

Price
AVG $1.01M
$1.8M
Taxes
AVG $26,263
$16,815
Visits
AVG 159
12
Walkscore
AVG 91
83
Data Provided by Walkscore ® not using MLS data

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