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121 Elizabeth Ave

Newark City, NJ 07108
  • $3,000,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 3803905
UPDATED: 58 min ago
$3,000,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 18,000
    SQFT
  • $167
    $/SQFT
Type:
Commercial
Built:
1935
County:
Area:

School Ratings & Info

Description

Amazing investment property, 3 story brick walk up building 17 residential apartments and 4 commercial spaces. All apartments are window guarded well maintained with new surveillance system on common areas. Conveniently situated with a variety of shopping including daily essentials, restaurants and cafes, easy access to transportation right on Elizabeth Ave. Proximity to Hwy and local major roads like I-78 Rt 1 &9 & Rt 22.

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-10-02T21:46:43.05.
www.srrealestategroup.com/homes/132437895
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121 Elizabeth Ave Newark City, NJ 07108

  • Price: $3,000,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 58 min ago
  • MLS #: 3803905
0
Beds
0
Baths
0
½ Baths
0.17
Acres
18,000
SQFT
$167
$/SQFT
1935
Built
County:
Essex
Area:
Newark City
Property Description
Amazing investment property, 3 story brick walk up building 17 residential apartments and 4 commercial spaces. All apartments are window guarded well maintained with new surveillance system on common areas. Conveniently situated with a variety of shopping including daily essentials, restaurants and cafes, easy access to transportation right on Elizabeth Ave. Proximity to Hwy and local major roads like I-78 Rt 1 &9 & Rt 22.
Exterior Features

Approximate Lot Size 78.5X95.8 AVG. Construction Brick/Block Exterior Description Brick/Block Location Business DistrictSee Remarks Lot Description Corner Number Of Bays 0 Number Of Docks 0 Parking Driveway Description On-Street Parking Roof Description FlatRubberized

Interior Features

Basement Yes Basement Description Storage Cooling No Cool Equipment Available Smoke Detector Heating 1 UnitRadiators - Hot Water Max Ceiling Height 10 Max Door Height 9 Number Of Lavatories 21 Office Sq Ft 6000

Property Features

DEPStatus Unknown Expenses Include ElectricityInsuranceMaintenance - InteriorTaxesWater/Sewer For Sale Or Lease For Sale Fuel Type Gas-Natural Gross Operating Income 312372 Net Operating Income 203313 Permitted Use Residential Apartments & Storefront Primary Property Type Mixeduse Property Type Mixed Use Sale Includes Building & Land Sewer Public Available Suite Number 99999 Tax Amount 54531 Tax Rate Amount 3.734 Tax Rate Year 2021 Tax Year 2021 Tenant Pays Electric Total Operating Expense 109059 Utilities All Underground Water Public Water Year Built Description Approximate Zoning Mix Use

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : [IDXCONTACTINFORMATION].


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-10-02T21:46:43.05.
 
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Christie's International Real Estate Northern New Jersey
47 Maple Street
Summit NJ, 07901