95 16th Ave - Storefront Retail/Residential FOR SALE


Newark, NJ 07103- West Side
$1,575,000 USD
908-965-8178
95 16th Ave, Newark, NJ for Sale
$1,575,000 USD
Storefront Retail/Residential - FOR SALE
1/19
null | 7.58% Cap Rate

95 16th Ave
Newark, NJ 07103
West Side


OVERVIEW

Rose Real Estate is pleased to offer a well-located 9-unit mixed- use property in Newark, NJ, consisting of six one-bedroom apartments and three commercial units. All units are individually metered for electric, gas, heat, and hot water, minimizing landlord expenses and delivering consistent, reliable cash flow without uncertainty around utility exposure. The property benefits from strong accessibility for residential tenants, commercial customers, and ownership, supporting ease of management and long-term value.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$190 USD /SF

CAP RATE

7.58%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

Commercial

APN/PARCEL ID

14-00293-0000-00033

ASK ABOUT THIS PROPERTY

Lauren FedergreenRose Real Estate LLCMore Info
908-965-8178

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Lauren FedergreenRose Real Estate LLCMore Info
908-965-8178

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