Address
516 Orange St Newark City, NJ
Price
$ 659,999
Property Attributes
  • ID#3699548
  • TypeCommercial
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • Zip07107
  • StyleMixedUse
  • Year Built1920
  • Taxes11327
  • Price$ 659,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms6
  • Sqr Footage4845
  • Lot Size2,178 SqFt
Listing Provided Courtesy Of:
KELLER WILLIAMS PARK VIEWS
Data Source:
Garden State MLS
Property Description

Fantastic investment income-producing property! The property features four 1 bedroom apartments PLUS a large, turnkey commercial space on the first floor. The commercial space was a restaurant, which comes complete with all equipment however the space is very versatile and can be tailored for retail use as well. The building is well maintained with all separate utilities and the commercial space has central ac/heat. There's an added bonus, the property has parking for up to 4 cars which can be rented out for additional income.

Price History
3/22/2021 Listed $659,999

General Features

Construction Brick/Block
Cooling Central Air, Window A/C(s)
Drive Blacktop
Garage Spaces 4
Heating Baseboard - Hotwater
Num Apts 4
Property Type Mixed Use, Restaurant, Store With Apartment
Property Type MixedUse
Roof Flat
Sewer Public Sewer
Tax Annual Amount 11327
Total Units 5
Town # 1614
Township Newark City
Utilities Gas In Street
Zoning B-2

Interior Features

Basement Unfinished
Fuel Type Gas-Natural
Num 1 Bdrm Units 4
Num Units W/full Bath 4
Num Units W/half Bath 2

Exterior Features

Building Area Total 4845
Exterior Description Brick/Block
Lot Dimensions 22X100
Max Ceiling Height 1920
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 07107

Price
AVG $580K
$660K
Taxes
AVG $15,723
$11,327
Visits
AVG 93
40
Year Built
AVG 1945
1920
Walkscore
AVG 80
81
Data Provided by Walkscore ® not using MLS data

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