Property

Newark City, NJ 07105 116 Magazine St

116 Magazine St Newark City, NJ - Image 1116 Magazine St Newark City, NJ - Image 2116 Magazine St Newark City, NJ - Image 3
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116 Magazine St Newark City, NJ - Image 4
Presented By: EXIT REALTY LUCKY ASSOCIATES; 973-817-7700
  • MLS# 3895568
  • 04/11/2024
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  • Full/Half Baths • 0 / 24
  • Garage • 24

Home Details

Approved for 24 units in the Ironbound. Ground floor parking garage with 24 spaces. Fifteen 1-bedroom plus office apartments and nine 2-bedroom apartments. Site plan available upon request. Full construction drawings and permits not included. Property currently contains four 25x100 warehouses that are rented with month-to-month tenants. UST have been removed and the site is clean.
Presented By: EXIT REALTY LUCKY ASSOCIATES; 973-817-7700

Interior Features for 116 Magazine St

Bedrooms

Num 4 Bed Units

Bathrooms

Num Units w/Full Bath24
Num Units w/Half Bath
Half Baths24

Other Interior Features

Price Per Sq Ft0.00
Available Sq Ft0
Num 3 Bdrm Units0
Num 2 Bdrm Units9
Num 1 Bdrm Units15
Fuel TypeElectric
Total Stories40

General for 116 Magazine St

ConstructionBrick/Block, Wood
Cooling4+ Units, Heatpump
CountyEssex
Days on Market
Directions116-122 Magazine
Documents AvailableSite Plan
DriveOff-Street Parking, Parking Lot-Exclusive
EasementUnknown
Equipment AvailableFire Alarm, Intercom, Passenger Elevator(s), Smoke Detector, Sprinkler System
Farm AssessmentNo
Garage Spaces24
Heating4+ Units, Heat Pump
Leasable Area
LocationResidential Area
Num Apts24
Percent OwnershipFee Simple
PossessionClosing
Property TypeApartment Complex
Property TypeApartment Complex
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Street NameMagazine St
Subdivision NameIronbound
Tax Annual Amount16496
Tax Assessed Value415500
Tax Lot28.01-04
Tax Year2023
Total Units24
Town #1614
TownshipNewark City
UtilitiesElectric, Gas In Street
Year Built9999
ZoningR3

Exterior for 116 Magazine St

Building Area Total35070
Exterior DescriptionBrick/Block, Composition Siding, Vinyl Siding
Lot Dimensions10, 206
Lot FeaturesLevel Lot
Lot Size Acres0.06
Max Ceiling Height8
Max Door Height7
Number of Bays0
Number of Docks0
Water SourcePublic Water

Additional Details

Price History

Ebonie Clerier

Associate
Price $1,799,000
MLS#3895568
List Date 04/11/2024
Property Type Commercial
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