Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Sq.Footage
N/A
A 5-YEAR TAX ABATEMENT. A unique and rare investment opportunity awaits in the vibrant North Newark area! This prime location sits directly across from the stunning Cathedral Basilica of the Sacred Heart and is just steps from Branch Brook Park. With a two-minute drive to Route 280 and easy access to Newark Penn Station, this property offers unbeatable convenience. We proudly present this exceptional newly rebuilt, gut-renovated building, featuring 14 modern one-bedroom apartments. Each unit is thoughtfully designed with Open-concept layouts, Stainless steel appliances, Washer & dryer hookups, Ceiling mini-split heating & cooling systems.The impressive scale of the building includes 9'6" ceiling heights on its three main floors and 8' doors throughout, enhancing the sense of space and luxury. With high market demand, this is a great opportunity to start rents at competitive rates and maximize returns.Don't miss out on this exceptional chance to secure a financially promising venture in a sought-after area!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Ductless
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Wood Siding
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.11
-
Property Type
Commercial Sale
-
Property Sub Type
Multi Family
Price
-
Sales Price
$3,770,000
-
Tax Amount
9307.0
-
Zoning
R-3
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
4
-
Ownership
Fee Simple
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Essex
Elementary School
Middle School
High School
Listing Courtesy of None , RE/MAX HERITAGE PROPERTIES
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FOUNDER
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