x
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
Tax Annual Amount 16198
Township Newark City

Interior Features

Cooling See Remarks, Central Air
Fuel Type None
Heating See Remarks
Utilities See Remarks

Exterior Features

Exterior Description Brick/Block
Lot Dimensions 108X114.2 AVG; 309.2x95, +
Parking/driveway Description See Remarks, On-Street Parking
Roof Flat
Sewer Public Available
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 $5.05M
$14.4M
Taxes
AVG $16,512
$16,198
Visits
AVG 35
31
Year Built
AVG 1958
1980
Walkscore
AVG 83
87
Data Provided by Walkscore ® not using MLS data

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