Commercial Real Estate for Sale at 390 N 5th St in Newark City, NJ for $8,200,000

Listing data updated November 12, 2024 - 7:49pm
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390 N 5th St | Newark City

$8,200,000 | 36 Baths (36 Half) | 30,500 Sq. Ft.

Approved 24 Unit Residential Building with 20 2 Bedroom Units, 4 1 Bedroom Units, 4 stories over parking Garage. Elevator, building to be built by Owner, at present vacant land. Close to light rail transportation. Plans are approved. GSMLS 3922081

Directions to property: Bloomfield Ave to N 5th Street

MLS Listing ID: 
GSMLS 3922081
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: 
$8,200,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Newark City
Address: 
390 N 5th St, Newark City, NJ 07107-2308, U.S.A.
County: 
Essex
Latitude: 
40.7615600
Longitude: 
-74.1845200
Directions: 
Bloomfield Ave to N 5th Street
Public Remarks: 
Approved 24 Unit Residential Building with 20 2 Bedroom Units, 4 1 Bedroom Units, 4 stories over parking Garage. Elevator, building to be built by Owner, at present vacant land. Close to light rail transportation. Plans are approved.
Building Details
Details about the building on a property.
Stories: 
5
Year Built: 
2024
Living Area: 
30,500
Construction
Construction Materials: 
Formed Concrete, Wood
Roof: 
Flat, Rubberized
Exterior: 
Vinyl Siding
Energy Information: 
Electric, Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
36
Total Half-Bathrooms: 
36
Utilities
Information about utilities available on the property.
Heating System: 
3 Units, Forced Hot Air, Multi-Zone
Heating System Fuel: 
Electric, Gas-Natural
Cooling System: 
3 Units
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Lot Size (Dimensions): 
73x100
Waterfront: 
0
Lot Features
Driveway: 
Off-Street Parking
Parking Type: 
Off-Street Parking
Total Parking Spaces: 
16
Public Record
Lot Number: 
27
Annual Tax: 
$0.00
Property Zoning: 
Commercial
Contract Details
Details about the listing contract.
Possession: 
08/15/2025
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
COLDWELL BANKER REALTY FLE

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