Property

Newark City, NJ 07108 513 Clinton Ave

513 Clinton Ave Newark City, NJ - Image 1513 Clinton Ave Newark City, NJ - Image 2513 Clinton Ave Newark City, NJ - Image 3
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513 Clinton Ave Newark City, NJ - Image 4513 Clinton Ave Newark City, NJ - Image 5513 Clinton Ave Newark City, NJ - Image 6513 Clinton Ave Newark City, NJ - Image 7513 Clinton Ave Newark City, NJ - Image 8513 Clinton Ave Newark City, NJ - Image 9513 Clinton Ave Newark City, NJ - Image 10
Presented By: VRI HOMES; 800-531-2885
  • MLS# 3910043
  • 06/26/2024
  • Request Tour
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  • Full/Half Baths • 0 / 5
  • SQFT • 6,000
  • Garage • 4

Home Details

upcoming location in upper clinton with new developments from the city to local developers will bring in more activity for the business and residential leases.multi-unit building
Presented By: VRI HOMES; 800-531-2885

Interior Features for 513 Clinton Ave

Bathrooms

Half Baths5

Other Interior Features

Price Per Sq Ft45.00
Available Sq Ft6000
Num 2 Bdrm Units3
Num 1 Bdrm Units3
FlooringVinyl-Linoleum
Fuel TypeGas-Natural
Total Stories3

General for 513 Clinton Ave

Cap Rate7.60
ConstructionBrick/Block
Cooling3 Units, Central Air
CountyEssex
Directionsoff of Clinton and Cadwick
Documents AvailableLeases
DriveDriveway-Shared, Off-Street Parking
EasementNo
Equipment AvailableFire Alarm, Smoke Detector
Garage Spaces4
Gross Income69600
Heating3 Units, Forced Hot Air
Leasable Area2000
Lease IncludesCommon Area Maint, Taxes, Trash Removal
Lease Information1 Year Minimum
Lease TypeMixed
LocationBusiness District
Net Operating Income53600
Num Apts2
Number Of Units Total3
Operating Expense16000
OwnerPaysTrash Removal, Water
OwnershipFee Simple
Permitted Useretail office
Possessionat closing
Property TypeMixed Use, Office/Retail, Store With Apartment
Property TypeStore With Apartment
RoofAsphalt Shingle
ServicesGarbage Included
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision Nameclinton
Tax Annual Amount10848
Tax Assessed Value291000
Tax Lot25
Tax Year2023
Tenant PaysElectric, Heat, Sewer
Town #1614
TownshipNewark City
UtilitiesAll Underground
Utilities Paid ByTenant
Year Built2006
Zoningmulti

Exterior for 513 Clinton Ave

Building Area Total6000
Exterior DescriptionBrick/Block
Lot Dimensions30.8X92
Lot FeaturesSkyline View
Lot Size Acres0.07
Max Ceiling Height9
Max Door Height0
Number of Bays0
Number of Docks0
Total Parking4
Water SourcePublic Water

Additional Details

Price History

Jenniffer Bravo Llerena

Associate
Price $700,000
MLS#3910043
List Date 06/26/2024
Property Type Commercial
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