Property

Newark City, NJ 07105 251 Walnut St

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Presented By: COLDWELL BANKER REALTY; 908-233-5555
  • MLS# 3865743
  • 09/20/2023
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Home Details

Introducing a rare investment opportunity in the Ironbound Section of Newark located at the corner of Jefferson St & Walnut St. sitting on an 8000 sqft lot. This location allows for a 6 Fl building with the potential for 8 luxury apartments per floor and retail stores, & parking on the ground floor with convenient access to parking from Walnut and Jefferson Streets.This awesome location is near PENN Station and a short ride to NYC, houses of worship, shopping stores, bars and restaurants, Independence Park, Mass Transit on Walnut Street, and much more.
Presented By: COLDWELL BANKER REALTY; 908-233-5555

Interior Features for 251 Walnut St

Bedrooms

Num 4 Bed Units

Bathrooms

Num Units w/Full Bath0
Num Units w/Half Bath
Half Baths

Other Interior Features

Price Per Sq Ft0.00
Available Sq Ft0
Num 3 Bdrm Units0
Num 2 Bdrm Units0
Num 1 Bdrm Units
BasementUnfinished
Fuel TypeGas-Natural
Total Stories

General for 251 Walnut St

ConstructionBrick/Block
Cooling3 Units, Central Air
CountyEssex
Days on Market212
DirectionsJefferson Street to Walnut Street
Documents AvailableNo Documents Available
DriveBlacktop
EasementNo
Equipment AvailableAppliances, Exhaust System, Smoke Detector
Heating3 Units
Leasable Area
LocationBusiness District
Num Apts
Percent OwnershipFee Simple
Permitted UseCommercial mixed use
PossessionClosing
Prior UseCommercial mixed use
Property TypeApartment Complex, Mixed Use
Property TypeMixedUse
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Street NameWalnut St
Subdivision NameIronbound
Tax Annual Amount10805
Tax Assessed Value289200
Tax Lot63
Tax Year2022
Total Units0
Town #1614
TownshipNewark City
UtilitiesElectric, Gas-Natural
Utilities Paid ByTenant
Year Built9999
ZoningComm-Mix use

Exterior for 251 Walnut St

Building Area Total
Exterior DescriptionAluminum, Brick
Lot Dimensions33X95.5
Lot FeaturesCorner
Lot Size Acres0.07
Max Ceiling Height0
Max Door Height0
Number of Bays0
Number of Docks0
Water SourcePublic Water

Additional Details

Price History

Charles Torres

Owner
Price $4,100,000
MLS#3865743
List Date 09/20/2023
Property Type Commercial
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