New Construction
Address
116 Magazine St Newark City, NJ
Price
$ 1,750,000
Property Attributes
  • ID#3745451
  • TypeCommercial
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • NeighborhoodIronbound
  • Zip07105
  • StyleApartment Complex
  • Price$ 1,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms24
  • Lot Size2,614 SqFt
Listing Provided Courtesy Of:
EXIT REALTY LUCKY ASSOCIATES
Data Source:
Garden State MLS (GSMLS) - 38 - NJ
Property Description

Great Investment Opportunity in the Ironbound. Fully Approved to build 24 residential units. Currently being used as warehouse

Price History
10/8/2021 Listed $1,750,000

General Features

Construction Brick/Block, Wood
Cooling See Remarks
Drive Off-Street Parking, Parking Lot-Exclusive
Garage Spaces 24
Heating See Remarks
Num Apts 24
Prior Use warehouse
Property Type Apartment Complex
Property Type Apartment Complex
Roof Asphalt Shingle
Total Units 24
Town # 1614
Township Newark City
Utilities See Remarks
Zoning R3

Interior Features

Num 1 Bdrm Units 15
Num 2 Bdrm Units 9
Num Units W/full Bath 24

Exterior Features

Building Area Total 35000
Exterior Description See Remarks
Lot Dimensions 0 SF
Total Parking 24
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 07105

Price
AVG $1.02M
$1.75M
Visits
AVG 264
24
Walkscore
AVG 91
83
Data Provided by Walkscore ® not using MLS data

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