Property

Newark City, NJ 07108 420 18Th Ave

Presented By: NIGITO REAL ESTATE LLC; 201-261-2100
  • MLS# 3880865
  • 01/10/2024
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  • Full/Half Baths • 0 / 5

Home Details

Uncover a remarkable investment potential in Newark! This BRAND NEW MODERN PROPERTY is a mixed-use property features TWO 3-bedrooms with two bathrooms units and 1 adaptable commercial space. Nestled in a prime location. It presents an ideal blend of residential and commercial income possibilities. Whether you're a seasoned investor aiming to diversify or a newcomer seeking a stable investment, this property offers an alluring opportunity for growth. Enhanced by its proximity to urban amenities, transportation, and a vibrant community, seize the chance to optimize returns and broaden your investment portfolio in this thriving area. IT QUALIFIES FOR TAX ABATEMENT
Presented By: NIGITO REAL ESTATE LLC; 201-261-2100

Interior Features for 420 18Th Ave

Bathrooms

Num Units w/Full Bath2
Num Units w/Half Bath1
Half Baths5

Other Interior Features

Price Per Sq Ft0.00
Available Sq Ft0
Num 3 Bdrm Units2
FlooringTile, Wood
Fuel TypeGas-Natural
Total Stories3

General for 420 18Th Ave

ConstructionSee Remarks
CoolingCentral Air
CountyEssex
Days on Market208
DirectionsSPRINGFIELD AVE TO 18TH AVE
Documents AvailableBuilding Plans, See Remarks
DriveNone
EasementUnknown
Equipment AvailableFire Alarm, Kitchen Area, See Remarks, Smoke Detector, Storage Area(s)
HeatingForced Hot Air
Leasable Area
LocationSee Remarks
Num Apts2
NumberOfUnitsTotal3
Percent OwnershipFee Simple
PossessionAPRIL 2024
Property TypeMixed Use, See Remarks
Property TypeMixedUse
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount1165
Tax Assessed Value31200
Tax Lot75
Tax Year2022
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Utilities Paid ByTenant
Year Built2024
ZoningCOMMERCIAL

Exterior for 420 18Th Ave

Building Area Total
Exterior DescriptionVinyl Siding
Lot Dimensions25X114
Lot FeaturesLevel Lot
Lot Size Acres0.07
Max Ceiling Height0
Max Door Height7
Number of Bays0
Number of Docks0
Water SourcePublic Water

Additional Details

Price History

Karina Gil

Associate
Price $999,000
MLS#3880865
List Date 01/10/2024
Property Type Commercial
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