38 May St - Multi-Family FOR SALE


Newark, NJ 07104- North Broadway
$799,000 USD
800-862-4348
38 May St, Newark, NJ for Sale
$799,000 USD
Multi-Family - FOR SALE
1/1
null | Request Cap Rate

38 May St
Newark, NJ 07104
North Broadway


HIGHLIGHTS

  • Receivership Auction - Low Reserve!
  • Stabilized rents with Upside Potential.

OVERVIEW

Court Ordered Receivership Auction Sale. July 14 @6PM ET. This property consists of 7 residential apartment units, including 1 in the basement Low maintenance & income producing Value add opportunity. 2% Broker Coop Offered. Low Reserve @ $799,000! This property is being sold individually but is part of a 4-property auction in Newark/Orange. For details, see: https://auctionadvisors.com/property-details/essex_auction_438/

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$100 USD /SF

# OF UNITS

7

PRICE/UNIT

$114,143

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Receivership Auction - Multifamily in Newark

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

14-00623-0000-00001

ASK ABOUT THIS PROPERTY

Oren KleinAuctionAdvisorsMore Info
800-862-4348

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Oren KleinAuctionAdvisorsMore Info
800-862-4348

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