Commercial Real Estate for Sale at 41 Evergreen Ave in Newark City, NJ for $800,000

Listing data updated November 26, 2024 - 5:50pm
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41 Evergreen Ave | Newark City

$800,000 | 4 Baths (4 Half) | 2,808 Sq. Ft.

CALLING ALL INVESTORS! 4 unit mixed use property. Near Newark Airport and The Hilton Hotel in Newark. RETAIL spaces include LQ Store and Bodega. RESIDENTIAL units on top include 2 completely renovated 2 bedroom 1 bathroom apartments both paying MARKET RENTS! Cap rate of 10% fully occupied. GSMLS 3936024

Directions to property: GSP South to RT 78. Take Frelinghuysen Ave/Nj 27 to Ross St. Property on the right.

MLS Listing ID: 
GSMLS 3936024
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: 
$800,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Newark City
Address: 
41 Evergreen Ave, Newark City, NJ 07114-1124, U.S.A.
County: 
Essex
Latitude: 
40.6927100
Longitude: 
-74.2029100
Directions: 
GSP South to RT 78. Take Frelinghuysen Ave/Nj 27 to Ross St. Property on the right.
Public Remarks: 
CALLING ALL INVESTORS! 4 unit mixed use property. Near Newark Airport and The Hilton Hotel in Newark. RETAIL spaces include LQ Store and Bodega. RESIDENTIAL units on top include 2 completely renovated 2 bedroom 1 bathroom apartments both paying MARKET RENTS! Cap rate of 10% fully occupied.
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
9999
Living Area: 
2,808
Basement: 
Full, Storage, Unfinished
Construction
Construction Materials: 
Brick/Block
Roof: 
Flat
Exterior: 
Brick/Block
Energy Information: 
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: 
2 Units
Heating System Fuel: 
Gas-Natural
Cooling System: 
2 Units, Ductless Split AC
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.06
Lot Size (Dimensions): 
25.3X98.6
Waterfront: 
0
Lot Features
Driveway: 
None
Parking Type: 
None
Total Parking Spaces: 
0
Public Record
Parcel Number: 
1614-03754-0000-00019-0000-
Lot Number: 
19
Annual Tax: 
$12,129.00
Property Zoning: 
RES
Contract Details
Details about the listing contract.
Possession: 
Immediately
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
KELLER WILLIAMS - NJ METRO GROUP

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