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- MLS#3485130
- TypeCommercial
- CountyESSEX
- CityNewark City
- AreaNewark City
- Zip07103
- StyleIndustrial Complex - Heavy
- Year Built1930
- Taxes13631
- Price$ 14,400,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.67 Acres
Listing Provided Courtesy Of:
LIBERTY REALTY, LLC.
Property Description
DEVELOPER'S DREAM. PACKAGE SALE: 198-206 Sussex St., 66-88 Hecker St. & 33-39 Dickerson St. Total price of package is $14,400,000. Zoned for Mix Use in prime location. DEVELOPER'S DREAM. PACKAGE SALE: 198-206 Sussex St., 66-88 Hecker St. & 33-39 Dickerson St. Total price of package is $14,400,000. Zoned for Mix Use in prime location. Located in the center of The Urban Enterprise re-development zone., close to Downtown, Interstate 280, NJIT, Rutgers, and Newark International Airport. Highlights: +/- 100,000 sq.ft of warehouse space which generates high rental revenue. Tremendous upside value to re-develop. Strong cash flow in place to offset re-development approval & development down time. Warehouse/Distribution and potential for residential housing.
Price History | |
---|---|
7/7/2018 | Listed $14,400,000 |
General Features
Construction | Brick/Block |
---|---|
Cooling | See Remarks |
Drive | See Remarks |
Heating | See Remarks |
Roof | See Remarks |
Sewer | Public Sewer |
Tax Annual Amount | 13631 |
Town # | 1614 |
Township | Newark City |
Utilities | See Remarks |
Zoning | COM |
Interior Features
Fuel Type | See Remarks |
---|
Exterior Features
Exterior Description | See Remarks |
---|---|
Lot Dimensions | 309.2X95 |
Water Source | Public Water |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool