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128 Wilson Ave

Newark City, NJ 07105
  • $1,149,000
  • STATUS: Active
  • ON SITE: 305 Days
  • MLS #: 3688929
UPDATED: 11 min ago
$1,149,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,000
    SQFT
  • $144
    $/SQFT
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Great Location in the Ironbound. Commercial property currently used as an office building. Four tenants occupying three floors, including the basement. Solid building in great condition. Opportunity to add additional floors up to maximize potential. Separate utilities with central air and heat. All tenants on 12 month Leases that auto renew Jan 1st unless 60 day notice is provided. Net operating income of $76,088

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© 2021 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 2021-11-27T18:46:17.73.
www.srrealestategroup.com/homes/113609773
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128 Wilson Ave Newark City, NJ 07105

  • Price: $1,149,000
  • Status: Active
  • On Site: 305 Days
  • Updated: 11 min ago
  • MLS #: 3688929
0
Beds
0
Baths
0
½ Baths
0.07
Acres
8,000
SQFT
$144
$/SQFT
Neighborhood:
Ironbound
County:
Essex
Area:
Newark City
Property Description
Great Location in the Ironbound. Commercial property currently used as an office building. Four tenants occupying three floors, including the basement. Solid building in great condition. Opportunity to add additional floors up to maximize potential. Separate utilities with central air and heat. All tenants on 12 month Leases that auto renew Jan 1st unless 60 day notice is provided. Net operating income of $76,088
Exterior Features

Approximate Lot Size 30X98.7 Available Parking Spaces 0 Construction Brick/Block Exterior Description See Remarks Location Business DistrictResidential Area Number Of Bays 0 Number Of Docks 0 Parking Driveway Description None Roof Description Flat

Interior Features

Basement Yes Basement Description FinishedFullWalkout Cooling See Remarks Equipment Available Fire AlarmSmoke DetectorSprinkler System Floors CarpetingSee Remarks Heating 4+ Units Max Ceiling Height 0 Max Door Height 0 Number Of Doors 0 Number Of Lavatories 6 Office Sq Ft 0

Property Features

Expenses Include InsuranceMaintenance - ExteriorMaintenance - InteriorTaxesTrashWater/Sewer For Sale Or Lease For Sale Fuel Type Gas-Natural Gross Operating Income 102600 Net Operating Income 76088 Primary Property Type Office Building Complex Property Type Office Building Complex Sale Includes Building & Land Sewer Public Sewer Suite Number 0 Tax Amount 19715 Tax Rate Amount 3.761 Tax Rate Year 2019 Tax Year 2019 Total Operating Expense 26512 Utilities Gas In Street Water Public Water Zoning Comm

Listing information © 2021 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exit Realty Lucky Associates.


© 2021 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 2021-11-27T18:46:17.73.
 
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Christie's International Real Estate Northern New Jersey
47 Maple Street
Summit NJ, 07901