Address
198-206 sussex Newark City, NJ
Price
$ 14,400,000
Property Attributes
  • ML#3482571
  • TypeCommercial
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • Zip07103
  • Style
  • Year Built1980
  • Taxes16198
  • Price$ 14,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size12,197 SqFt
Listing Provided Courtesy Of:
LIBERTY REALTY, LLC.
Property Description

Great investment opportunity! PACKAGE SALE with 66-88 Hecker St. & 33-39 Dickerson St. DEVELOPER'S DREAM! PACKAGE SALE with 66-88 Hecker St. & 33-39 Dickerson St. Zoned for Mix Use in prime location: Major portion of city square block for sale with huge upside potential. Property is located in the center of The Urban Enterprise re-development zone., close to Downtown, Interstate 280, NJIT, Rutgers, and Newark International Airport. Highlights: +/- 100,000 sq.ft. of warehouse space which generates high rental revenue. Tremendous upside value to re-develop. Strong cash flow in place to offset re-development approval and development down time. Seize the moment and own it! Great investment opportunity!

Price History
6/26/2018 Listed $14,400,000

General Features

Construction Brick/Block
Cooling See Remarks, Central Air
Heating See Remarks
Roof Flat
Sewer Public Available
Tax Annual Amount 16198
Township Newark City

Interior Features

Fuel Type None
Utilities See Remarks

Exterior Features

Exterior Description Brick/Block
Lot Dimensions 108X114.2 AVG; 309.2x95, +
Parking/driveway Description See Remarks, On-Street Parking
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 07103

Price
AVG $3.47M
$14.4M
Taxes
AVG $37,068
$16,198
Visits
AVG 81
84
Year Built
AVG 1960
1980
Walkscore
AVG 79
87
Data Provided by Walkscore ® not using MLS data

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