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251 Walnut St

Newark City, NJ 07105
  • $4,100,000
  • STATUS: Active
  • ON SITE: 216 Days
  • ID#: 3865743
UPDATED: 25 min ago
$4,100,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Introducing a rare investment opportunity in the Ironbound Section of Newark located at the corner of Jefferson St & Walnut St. sitting on an 8000 sqft lot. This location allows for a 6 Fl building with the potential for 8 luxury apartments per floor and retail stores, & parking on the ground floor with convenient access to parking from Walnut and Jefferson Streets.This awesome location is near PENN Station and a short ride to NYC, houses of worship, shopping stores, bars and restaurants, Independence Park, Mass Transit on Walnut Street, and much more.

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Daunno Realty Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Daunno Realty Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-04-24T15:46:56.867.
www.daunnorealty.com/homes/143564747
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251 Walnut St Newark City, NJ 07105

  • Price: $4,100,000
  • Status: Active
  • On Site: 216 Days
  • Updated: 25 min ago
  • ID#: 3865743
0
Beds
0
Baths
0
½ Baths
0.07
Acres
Neighborhood:
Ironbound
County:
Essex
Area:
Newark City
Property Description
Introducing a rare investment opportunity in the Ironbound Section of Newark located at the corner of Jefferson St & Walnut St. sitting on an 8000 sqft lot. This location allows for a 6 Fl building with the potential for 8 luxury apartments per floor and retail stores, & parking on the ground floor with convenient access to parking from Walnut and Jefferson Streets.This awesome location is near PENN Station and a short ride to NYC, houses of worship, shopping stores, bars and restaurants, Independence Park, Mass Transit on Walnut Street, and much more.
Exterior Features

Approximate Lot Size 33X95.5 Construction Brick/Block Exterior Description AluminumBrick Location Business District Lot Description Corner Number Of Bays 0 Number Of Docks 0 Parking Driveway Description Blacktop Roof Description Flat

Interior Features

Basement Yes Basement Description Unfinished Cooling 3 UnitsCentral Air Equipment Available AppliancesExhaust SystemSmoke Detector Heating 3 Units Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 0 Office Sq Ft 0

Property Features

For Sale Or Lease For Sale Fuel Type Gas-Natural Permitted Use Commercial mixed use Primary Property Type MixedUse Prior Use Commercial mixed use Property Type Apartment ComplexMixed Use Sale Includes Building & Land Sewer Public Sewer Suite Number 0 Tax Amount 10805 Tax Rate Amount 3.736 Tax Rate Year 2022 Tax Year 2022 Utilities ElectricGas-Natural Utilities Paid By Tenant Water Public Water Zoning Comm-Mix use

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of COLDWELL BANKER REALTY: 908-233-5555.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Daunno Realty Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Daunno Realty Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-04-24T15:46:56.867.
 
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Daunno Realty Services, LLC
206 Westfield Avenue
Clark NJ, 07066