Property

Newark City, NJ 07102 114 Orchard St

114 Orchard St Newark City, NJ - Image 1114 Orchard St Newark City, NJ - Image 2114 Orchard St Newark City, NJ - Image 3
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Presented By: EXIT REALTY LUCKY ASSOCIATES; 973-817-7700
  • MLS# 3949173
  • 03/03/2025
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  • Full/Half Baths • 0 / 5

Home Details

Mixed-use property in a great location. One block from Rt-21 with easy access to major highways. Newark Penn station 0.75 miles away. Ground level 2800 sq.ft retail store with two apartments above. Apartments are 2 bed and 3 bed. Building is in great condition. Separate utilities. Fully Leased. tenants in good standing.
Presented By: EXIT REALTY LUCKY ASSOCIATES; 973-817-7700

Interior Features for 114 Orchard St

Bedrooms

Num 4 Bed Units1

Bathrooms

Num Units w/Full Bath2
Half Baths5

Other Interior Features

Price Per Sq Ft180.00
Available Sq Ft0
Num 2 Bdrm Units1
BasementStorage
Fuel TypeGas-Natural
Total Stories2

General for 114 Orchard St

Cap Rate6.50
ConstructionBrick/Block, Wood
Cooling3 Units
CountyEssex
Directions114 Orchard
Documents AvailableIncome & Expenses, Leases, Survey
DriveOn-Street Parking
EasementUnknown
Equipment AvailableSee Remarks
Farm AssessmentNo
Garage Spaces
Gross Income89400
Heating3 Units
Leasable Area
LocationBusiness District, Residential Area
Net Operating Income65423
Num Apts2
Number Of Units Total3
Operating Expense23799
OwnershipFee Simple
Possessionclosing
Property TypeMixed Use
Property TypeMixedUse
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount8537
Tax Assessed Value224500
Tax Lot60
Tax Year2024
Town #1614
TownshipNewark City
UtilitiesGas In Street
Utilities Paid ByTenant
Year Built9999
ZoningRDV

Exterior for 114 Orchard St

Building Area Total5500
Exterior DescriptionBrick/Block
Lot Dimensions24.10X130
Lot Size Acres0.07
Max Ceiling Height10
Max Door Height7
Number of Bays0
Number of Docks0
Number of Doors0
Total Parking0
Water SourcePublic Water

Additional Details

Price History

Ebonie Clerier

Associate
Price $900,000
MLS#3949173
List Date 03/03/2025
Property Type Commercial
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