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558 S 18th St

Newark City, NJ 07103
  • $1,350,000
  • STATUS: Active
  • ON SITE: 61 Days
  • MLS #: 3902498
UPDATED: 58 min ago
$1,350,000
  • 4
    BEDS
  • 0.03
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,583
    SQFT
  • $523
    $/SQFT
Type:
Multi-Family
Built:
1930
County:
Area:

School Ratings & Info

Description

Welcome to 558 S 18th St, a mixed-use property being sold along with 286-290 16th Ave. Offering two exceptional properties offering a prime opportunity for both business and residential investment. 558 S 18th St offers a full, unfinished basement with a spacious commercial unit on the ground floor, a 2-bredroom 2-bathroom apartment on the 2nd floor, and a 2-bedroom 1-bathroom on the 3rd floor. Conveniently located on the corner of 18th St and 16th Ave, this property enjoys prime visibility and accessibility, attracting both clients to the commercial space and residents seeking convenience and connectivity. Whether you're an investor seeking a lucrative income property or a business owner looking to establish a presence in a thriving community, this property presents an unparalleled opportunity. Don't miss out on the chance to own this exceptional mixed-use property, schedule a showing today and unlock its full potential.

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Garden State MLS logo © 2024 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 Corcoran Baer & McIntosh. 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 Corcoran Baer & McIntosh 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 2024-07-17T16:46:46.173.
www.baerhomes.com/homes/150614922
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558 S 18th St Newark City, NJ 07103

  • Price: $1,350,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 58 min ago
  • MLS #: 3902498
4
Beds
3
Baths
1
½ Baths
0.03
Acres
2,583
SQFT
$523
$/SQFT
1930
Built
County:
Essex
Area:
Newark City
Property Description
Welcome to 558 S 18th St, a mixed-use property being sold along with 286-290 16th Ave. Offering two exceptional properties offering a prime opportunity for both business and residential investment. 558 S 18th St offers a full, unfinished basement with a spacious commercial unit on the ground floor, a 2-bredroom 2-bathroom apartment on the 2nd floor, and a 2-bedroom 1-bathroom on the 3rd floor. Conveniently located on the corner of 18th St and 16th Ave, this property enjoys prime visibility and accessibility, attracting both clients to the commercial space and residents seeking convenience and connectivity. Whether you're an investor seeking a lucrative income property or a business owner looking to establish a presence in a thriving community, this property presents an unparalleled opportunity. Don't miss out on the chance to own this exceptional mixed-use property, schedule a showing today and unlock its full potential.
Exterior Features

Approximate Lot Size 24.9X47.6 Color Of Building Blue Exterior Description Stucco Lot Description Corner Number Of Parking Spaces 0 Parking Driveway Description None Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Bilco-Style DoorFullUnfinishedWalkout Cooling None Heating 3 UnitsFloor/Wall Heater Total Number Of Rooms 10 Unit1 Appliances Equipment Carbon Monoxide DetectorFire Alarm SystemSee Remarks Unit1 Baths 1.0 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description See Remarks Unit1 Rooms 2 Unit1 Security Deposit 0 Unit1 Sq Ft 987 Unit2 Appliances Equipment Carbon Monoxide DetectorFire Alarm SystemRange/Oven - GasRefrigerator Unit2 Baths 2.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenFamily Room Unit2 Rooms 4 Unit2 Sq Ft 798 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsEat-In KitchenFamily Room Unit3 Rooms 4 Unit3 Sq Ft 798

Property Features

Assessment Total 244000 Building Assessment 221200 Easement Unknown Expenses Include Cold WaterInsuranceMaintenanceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 17400 Land Assessment 22800 Net Operating Income 0 Sewer Public Sewer Tax Amount 9096 Tax Rate Amount 3.728 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1450 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 0 Unit3 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Year Built Description Approximate

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-232-5187.


Garden State MLS logo © 2024 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 Corcoran Baer & McIntosh. 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 Corcoran Baer & McIntosh 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 2024-07-17T16:46:46.173.
 
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