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Listed with Dyana Liborio | 973-454-5420, RE/MAX Lifetime Realtors
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PACKAGE DEAL:New Building sold with 166 Emmet St., Newark NJ 07114 for the price of $14,000,000 total 35 units. A rare investment opportunity in the desirable Ironbound Section of Newark where the going rates for apartments are $2600 to$3200 monthly. This beautiful building is being finished with 4 fls of apartments & 1 Retail space w/ 15 custom designed units, (11 2bdrm 2bth units; 1 1bdrm unit & 3 studio units). Building has elevator, laundry on each level, terrace with view to Newark Business District, public bathroom,8 Garage parking spaces. Each unit has advanced tech door handles, prewired Fiber Optics, custom built kitchens w/ SS appliances (Microwave, Refrigerator, dishwasher,& gas stove), quartz countertops, island/peninsula, large sound proof windows, intercom system, Central Air & Forced Hot Air, & closet space. There are apartments facing NYC. Located near PATH, Train & Bus Station, Newark Airport, major highways, & Universities all within the same city.
| DAYS ON MARKET | 185 | LAST UPDATED | 10/11/2024 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | 0714 |
| COUNTY | ESSEX | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Oct 11, '24 | $14,000,000 |
|---|---|
| Oct 11, '24 - Today | $11,500,000 |
| ADDITIONAL DETAILS | |
| AREA | 0714 |
|---|---|
| STYLE | 5 Family |
| TAXES | 15869 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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All information deemed reliable but not guaranteed. Last date updated: 12/21/24 10:18 PM PST Source: New Jersey Multiple Listing, Inc.
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