Newark City, NJ 07104,251 Broadway
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Newark City, NJ 07104,251 Broadway
Newark City, NJ 07104,251 Broadway
Newark City, NJ 07104,251 Broadway
Newark City, NJ 07104,251 Broadway
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Under Contract

251 Broadway Newark City, NJ 07104

7,405 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 3948309

Annual Tax Amount $16,980

Tax Year 2024

Lot Size 7,405 Sqft

Property Description

AMAZING OPPORTUNITY TO OWN A 6 UNIT BUILDING IN A GREAT AREA OF NEWARK WITHIN WALKING DISTANCE TO STORES, TRANSPORTATION AND MORE. BUILDING CONSISTS OF A TRAVEL AGENCY, GROCERY STORE AND A RESTAURANT. THE UPSTAIRS CONSISTS OF 3 APARTMENTS WITH 3 BEDROOMS AND 1 BATH EACH. ALL UNITS ARE RENTED WITH THE EXCEPTION OF ONE WHICH HAS BEEN COMPLETELY RENOVATED AND IS IN MOVE IN CONDITION. ALONG WITH THE UNITS, THERE ARE 10 PARKING SPOTS IN A PAVED AREA BEHIND THE BUILDING, ALL OF WHICH CAN BE RENTED FOR ADDITIONAL INCOME. BEING SOLD AS IS. CASH WITH VERIFIABLE FUNDS NECESSARY WITH ALL OFFERS.

Location

State NJ

County Essex

Zoning RES/COMM

Rooms

Basement Bilco-Style Door, Full

Interior

Heating Gas-Natural

Cooling See Remarks

Equipment See Remarks

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Garage Spaces 10.0

Utilities Available Gas-Natural

Roof Type Flat

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


Garden State MLS(GSMLS)
Listed by NJ REO ASSET MANAGEMENT & REALTY,

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Thomas Ciccarone

Sales Associate | License ID: 1867455

+1(908) 448-8050

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251 Broadway