Property
Newark City, NJ 07105 374 South St
$9,250,000
Pending
10 more
Presented By: EXIT REALTY LUCKY ASSOCIATES; 908-289-7746
Full/Half Baths • 0 / 14
SQFT • 17,000
Garage • 41
Home Details
Shopping center for sale! Total of 17,000 SQ FT building, 41 Parking spaces, 9 stores, fully rented with long term leases all tenant on the triple net lease. Built in 2010, current tenants Dunkin. Dunkin Donuts, Spa, Laundromat, BBQ, Butcher, Grocery Store, and others. tenants pay all operating expenses & property taxes on top of rents Year net income $523,000.
Presented By: EXIT REALTY LUCKY ASSOCIATES; 908-289-7746
Interior Features for 374 South St
Bathrooms
Half Baths14
Other Interior Features
Price Per Sq Ft999.99
Available Sq Ft17000
BasementSlab
FlooringConcrete
Fuel TypeGas-Natural
Total Stories1
General for 374 South St
ConstructionBrick/Block
CoolingCentral Air
CountyEssex
Days on Market698
DirectionsCORNER SOUTH STREET PULASKI AND CORNER OF VAN BUREN/PULASKI
Documents AvailableIncome & Expenses
DriveBlacktop, Common
EasementUnknown
Equipment AvailableFire Alarm, See Remarks, Sprinkler System
Farm AssessmentNo
Garage Spaces41
Gross Income523000
HeatingForced Hot Air
Leasable Area17000
LocationBusiness District, Residential Area, Strip Mall
Net Operating Income523000
Num Apts
NumberOfUnitsTotal9
Operating Expense
Percent OwnershipFee Simple
Permitted UseRETAIL CENTER
PossessionASAP
Prior UseRETAIL/OFFICE
Property TypeRetail Complex, Strip/Shopping Center
Property TypeStrip/Shopping Center
RoofFlat, Rubberized
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Street NameSouth St
Subdivision NameIronbound
Tax Annual Amount101437
Tax Assessed Value2669400
Tax Lot11.11
Tax Year2021
Town #1614
TownshipNewark City
UtilitiesElectric, Gas-Natural
Utilities Paid ByTenant
Year Built2010
ZoningCOMMERCIAL
Exterior for 374 South St
Building Area Total17000
Exterior DescriptionBrick/Block
Lot Dimensions43034 SF
Lot FeaturesLevel Lot
Lot Size Acres0.99
Max Ceiling Height18
Max Door Height9
Number of Bays0
Number of Docks0
Number of Doors0
Total Parking41
Water SourcePublic Water
Additional Details
Price History
Charles Torres
Owner