856 S Orange Ave

    Newark City, NJ 07106
    • $1,100,000
    • STATUS: Active
    • ON SITE: 72 days
    • MLS #: 3599608
    $1,100,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,999
      SQFT
    • $110
      $/SQFT
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    Fully occupied, incoming producing(7% Cap rate) mixed use building. 5 apartments and 4 storefronts. 2 garages for storage. All units renovated within the last 5 years. All separate utilities. Storefronts have long term leases. Tenants pay all utilities except water and common areas. This property is located in a redevelopment zone

    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 2020-01-17T22:46:27.883.
    www.baerhomes.com/homes/100624902

    856 S Orange Ave Newark City, NJ 07106

    • Price: $1,100,000
    • Status: Active
    • MLS #: 3599608
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    9,999
    SQFT
    $110
    $/SQFT
    County:
    Essex
    Area:
    Newark City
    Property Description
    Fully occupied, incoming producing(7% Cap rate) mixed use building. 5 apartments and 4 storefronts. 2 garages for storage. All units renovated within the last 5 years. All separate utilities. Storefronts have long term leases. Tenants pay all utilities except water and common areas. This property is located in a redevelopment zone
    Exterior Features

    Approximate Lot Size 28.11X104 AVG. Construction Brick/Block Exterior Description Brick/Block Location Business DistrictCorner Number Of Bays 0 Number Of Docks 0 Parking Driveway Description On-Street Parking Roof Description Flat

    Interior Features

    Basement Yes Basement Description Unfinished Cooling Window A/C(S) Equipment Available AppliancesSmoke DetectorSprinkler SystemKitchen AreaStorage Area(S)Fire AlarmFixtures Floors Laminate Heating 4 UnitsBaseboard - Electric Max Ceiling Height 0 Max Door Height 0 Number Of Doors 0 Number Of Lavatories 0 Office Sq Ft 9999

    Property Features

    Available Immediately Expenses Include TaxesElectricityProperty ManagementWater/SewerInsurance For Sale Or Lease For Sale Free Rent No Fuel Type Gas-Natural Gross Operating Income 111700 Lease Includes Building InsuranceWaterBuilding MaintenanceSewerCommon Area MaintTaxesTrash Removal Lease Type Other Net Operating Income 77100 Owner Pays Maintenance-Common AreaSewerSnow RemovalTrash RemovalHot Water Primary Property Type Store With Apartment Property Type Mixed UseStore With Apartment Sale Includes Building & Land Sewer Public Sewer Suite Number 0 Tax Amount 12486 Tax Rate Amount 3.693 Tax Rate Year 2018 Tax Year 2018 Tenant Pays Cable T.V.ElectricGasHeat Total Operating Expense 34700 Utilities ElectricGas In StreetGas-Natural Utilities Paid By Tenant Water Public Water Year Built Description Unknown Zoning Mixed Use

    Listing information © 2020 Garden State Multiple Listing Service,LLC.
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    © 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 2020-01-17T22:46:27.883.
     
    William Raveis Baer & McIntosh Real Estate
    97 South Broadway
    South Nyack NY, 10960