516 Orange St

    Newark City, NJ 07107
    • $700,000
    • STATUS: Active
    • ON SITE: 53 days
    • MLS #: 3615755
    $700,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,845
      SQFT
    • $144
      $/SQFT
    Type:
    Commercial
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Description

    TURN KEY RESTAURANT FOR SELL, GREAT INCOME PROPERTY, PERFECT FOR BUSINESS OWNER TO OPERATE AND COLLECT RENT. ALL EQUIPMENT FOR RESTAURANT INCLUDED AND OUT DOOR SMOKER. 'AS IS' BUYER IS RESPONSIBLE FOR ALL REQUIRED CITY & FIRE INSPECTIONS PROPERTY CONSIST OF 1ST FLOOR RESTAURANT AND FOUR ONE BEDROOM APARTMENTS ABOVE FOR RENT.

    Monthly Payment Calculator



    © 2020 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 William Raveis Baer & McIntosh Real Estate. 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 William Raveis Baer & McIntosh Real Estate 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 2020-04-04T22:46:13.093.
    www.baerhomes.com/homes/103124090

    516 Orange St Newark City, NJ 07107

    • Price: $700,000
    • Status: Active
    • MLS #: 3615755
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    4,845
    SQFT
    $144
    $/SQFT
    1920
    Built
    County:
    Essex
    Area:
    Newark City
    Property Description
    TURN KEY RESTAURANT FOR SELL, GREAT INCOME PROPERTY, PERFECT FOR BUSINESS OWNER TO OPERATE AND COLLECT RENT. ALL EQUIPMENT FOR RESTAURANT INCLUDED AND OUT DOOR SMOKER. 'AS IS' BUYER IS RESPONSIBLE FOR ALL REQUIRED CITY & FIRE INSPECTIONS PROPERTY CONSIST OF 1ST FLOOR RESTAURANT AND FOUR ONE BEDROOM APARTMENTS ABOVE FOR RENT.
    Exterior Features

    Approximate Lot Size 22X100 Available Parking Spaces 4 Construction Brick/Block Exterior Description Brick/Block Location Business DistrictCornerResidential Area Lot Description Corner Number Of Bays 0 Number Of Docks 0 Parking Driveway Description 2 Car Width Roof Description Flat

    Interior Features

    Basement Yes Basement Description Unfinished Cooling Central AirWall A/C Unit(S) Equipment Available AppliancesBurglar AlarmFire AlarmFixturesKitchen AreaRefrigeration UnitSmoke DetectorSprinkler System Heating 4 Units Max Ceiling Height 0 Max Door Height 1920 Number Of Lavatories 6 Office Sq Ft 320

    Property Features

    Expenses Include ElectricityGas/OilTrashWater/Sewer For Sale Or Lease For Sale Fuel Type Gas-Natural Gross Operating Income 49800 Net Operating Income 25249 Owner Pays Maintenance-Common AreaSewerSnow RemovalTrash Removal Permitted Use Mixed-Use Primary Property Type Restarnt Property Type Restaurant Sale Includes Building & BusinessEquipment Sewer Public Sewer Suite Number 1 Tax Amount 11211 Tax Rate Amount 3.761 Tax Rate Year 2019 Tax Year 2019 Tenant Pays ElectricGasHeatHot Water Total Operating Expense 24551 Utilities Gas In Street Utilities Paid By Tenant Water Public Water Year Built Description Standing Zoning B-2

    Listing information © 2020 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Option 1 Realty Group, Llc.


    © 2020 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 William Raveis Baer & McIntosh Real Estate. 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 William Raveis Baer & McIntosh Real Estate 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 2020-04-04T22:46:13.093.
     
    William Raveis Baer & McIntosh Real Estate
    97 South Broadway
    South Nyack NY, 10960