Commercial Real Estate for Sale at 420 18th Ave in Newark City, NJ for $999,000

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420 18Th Ave | Newark City

$999,000 | 5 Baths (5 Half) | 0.0 Sq. Ft.

Uncover a remarkable investment potential in Newark! This BRAND NEW MODERN PROPERTY is a mixed-use property features TWO 3-bedrooms with two bathrooms units and 1 adaptable commercial space. Nestled in a prime location. It presents an ideal blend of residential and commercial income possibilities. Whether you're a seasoned investor aiming to diversify or a newcomer seeking a stable investment, this property offers an alluring opportunity for growth. Enhanced by its proximity to urban amenities, transportation, and a vibrant community, seize the chance to optimize returns and broaden your investment portfolio in this thriving area. IT QUALIFIES FOR TAX ABATEMENT GSMLS 3880865

Directions to property: SPRINGFIELD AVE TO 18TH AVE

MLS Listing ID: 
GSMLS 3880865
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$999,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Newark City
Address: 
420 18Th Ave, Newark City, NJ 07108-1633, U.S.A.
County: 
Essex
Latitude: 
40.7312500
Longitude: 
-74.2013700
Directions: 
SPRINGFIELD AVE TO 18TH AVE
Public Remarks: 
Uncover a remarkable investment potential in Newark! This BRAND NEW MODERN PROPERTY is a mixed-use property features TWO 3-bedrooms with two bathrooms units and 1 adaptable commercial space. Nestled in a prime location. It presents an ideal blend of residential and commercial income possibilities. Whether you're a seasoned investor aiming to diversify or a newcomer seeking a stable investment, this property offers an alluring opportunity for growth. Enhanced by its proximity to urban amenities, transportation, and a vibrant community, seize the chance to optimize returns and broaden your investment portfolio in this thriving area. IT QUALIFIES FOR TAX ABATEMENT
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
2024
Living Area: 
0.0
Construction
Construction Materials: 
See Remarks
Roof: 
Asphalt Shingle
Exterior: 
Vinyl Siding
Energy Information: 
Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
5
Total Half-Bathrooms: 
5
Utilities
Information about utilities available on the property.
Heating System: 
Forced Hot Air
Heating System Fuel: 
Gas-Natural
Cooling System: 
Central Air
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.07
Lot Size (Dimensions): 
25X114
Waterfront: 
0
Lot Features
Driveway: 
None
Parking Type: 
None
Public Record
Parcel Number: 
1614-02608-0000-00075-0000-
Lot Number: 
75
Annual Tax: 
$1,165.00
Property Zoning: 
COMMERCIAL
Contract Details
Details about the listing contract.
Possession: 
APRIL 2024
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
NIGITO REAL ESTATE LLC

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