155 Parker St - Apartments FOR SALE


Newark, NJ 07104- Seventh Avenue
$1,200,000 USD
973-202-6662
155 Parker St, Newark, NJ for Sale
$1,200,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

155 Parker St
Newark, NJ 07104
Seventh Avenue


OVERVIEW

2 lots in downtown Newark, measuring 8,000 square feet in total. All brick building with an 8 car garage and 10 parking spaces. Rents currently below market, opportunity for upside. Can also be redeveloped, 20 unit building is being built down the street on similar sized lot.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$345 USD /SF

# OF UNITS

4

PRICE/UNIT

$300,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

R-2

APN/PARCEL ID

14-00508-0000-00053,14-00508-0000-00055

ASK ABOUT THIS PROPERTY

Jorge RosaCENTURY 21 SEMIAO & ASSOCIATESMore Info
973-202-6662

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Jorge RosaCENTURY 21 SEMIAO & ASSOCIATESMore Info
973-202-6662

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.