Commercial Real Estate for Sale at 558 S 18th St in Newark City, NJ for $1,350,000

Listing data updated May 16, 2024 - 10:43pm
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558 S 18th St | Newark City

$1,350,000 | 4 Baths (4 Half) | 2,583 Sq. Ft.

Welcome to 558 S 18th St, being sold along with 286-290 16th Ave. Offering two exceptional properties offering a prime opportunity for both business and residential investment. 558 S 18th St offers a full, unfinished basement with a spacious commercial unit on the ground floor, a 2-bredroom 2-bathroom apartment on the 2nd floor, and a 2-bedroom 1-bathroom on the 3rd floor. Conveniently located on the corner of 18th St and 16th Ave, this property enjoys prime visibility and accessibility, attracting both clients to the commercial space and residents seeking convenience and connectivity. Whether you're an investor seeking a lucrative income property or a business owner looking to establish a presence in a thriving community, this property presents an unparalleled opportunity. Don't miss out on the chance to own this exceptional mixed-use property, schedule a showing today and unlock its full potential. GSMLS 3902486

Directions to property: Grove St. to 16th Ave.

MLS Listing ID: 
GSMLS 3902486
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: 
$1,350,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Newark City
Address: 
558 S 18th St, Newark City, NJ 07103-1126, U.S.A.
County: 
Essex
Latitude: 
40.7371300
Longitude: 
-74.2097200
Directions: 
Grove St. to 16th Ave.
Public Remarks: 
Welcome to 558 S 18th St, being sold along with 286-290 16th Ave. Offering two exceptional properties offering a prime opportunity for both business and residential investment. 558 S 18th St offers a full, unfinished basement with a spacious commercial unit on the ground floor, a 2-bredroom 2-bathroom apartment on the 2nd floor, and a 2-bedroom 1-bathroom on the 3rd floor. Conveniently located on the corner of 18th St and 16th Ave, this property enjoys prime visibility and accessibility, attracting both clients to the commercial space and residents seeking convenience and connectivity. Whether you're an investor seeking a lucrative income property or a business owner looking to establish a presence in a thriving community, this property presents an unparalleled opportunity. Don't miss out on the chance to own this exceptional mixed-use property, schedule a showing today and unlock its full potential.
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1930
Living Area: 
2,583
Basement: 
Bilco-Style Door, Full, Storage, Unfinished
Construction
Construction Materials: 
Brick/Block
Roof: 
Asphalt Shingle
Exterior: 
Concrete
Energy Information: 
Electric, Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
4
Total Half-Bathrooms: 
4
Utilities
Information about utilities available on the property.
Heating System: 
3 Units, Floor/Wall Heater
Heating System Fuel: 
Gas-Natural
Cooling System: 
No Cool
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.03
Lot Size (Dimensions): 
1,184.83 Sq Ft
Waterfront: 
0
Lot Features
Driveway: 
None
Parking Type: 
None
Public Record
Parcel Number: 
1614-00341-0000-00001-0000-
Lot Number: 
1
Annual Tax: 
$9,096.00
Property Zoning: 
Commercial
Contract Details
Details about the listing contract.
Possession: 
At Closing
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
LIM BANCES REALTY

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