Address
331 Sussex Ave Newark City, NJ
Price
$ 999,000
Property Attributes
  • ID#3740395
  • TypeCommercial
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • Zip07107
  • StyleApartment Complex
  • Year Built1900
  • Taxes$ 6543
  • Price$ 999,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms6
  • Lot Size3,485 SqFt
Listing Provided Courtesy Of:
COLDWELL BANKER REALTY
Data Source:
Garden State MLS (GSMLS) - 38 - NJ
Property Description

Opportunity Awaits! Awesome 6-unit apartment building on University Heights/Fairmount Border! Building features SIX 3-bedroom 1 bathroom railroad style residential units over three levels, all separately metered with separate utilities. PERFECT prime location!!! 4 blocks from Orange St. Light Rail Stations, directly off of Route 280 and minutes from Route 21. Less than 5 minutes from NJPAC, Prudential, ALL colleges, hospitals and more! As-Is Estate Sale! Building will require full rehab; Buyer responsible CO. Cash, Hard Money, or Reno Loan ONLY! Seller motivated and ready to close.

Price History
9/14/2021 Listed $1,500,000
10/22/2021 34% - $999,000

General Features

Basement Full
Construction Brick/Block
Cooling No Cool
Drive On-Street Parking
Flooring Carpeting, Tile
Heating 4+ Units, Baseboard - Hotwater
Num Apts 6
Property Type Apartment Complex
Property Type Apartment Complex
Roof Asphalt Shingle
Sewer Public Sewer
Tax Annual Amount 6543
Total Units 6
Town # 1614
Township Newark City
Utilities All Underground
Zoning Residential

Interior Features

Fuel Type Gas-Natural
Num 3 Bdrm Units 3
Num Units W/full Bath 6

Exterior Features

Exterior Description Vinyl Siding, Wood
Lot Dimensions 33X100
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 07107

Price
AVG $440K
$1,000K
Taxes
AVG $25,751
$6,543
Visits
AVG 66
28
Year Built
AVG 1917
1900
Walkscore
AVG 79
85
Data Provided by Walkscore ® not using MLS data

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