Newark, NJ 07114,166-170 Emmet ST
Newark, NJ 07114,166-170 Emmet ST
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Listed by Dyana Liborio • RE/MAX Lifetime Realtors • (973) 454-5420
$ 11,500,000
Est. payment | /mo

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$ 11,500,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type 5+Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24019822

Style 5+Family

Annual Tax Amount $11,092

Property Description

PACKAGE DEAL:New Building sold with 529 Mulberry St., Newark NJ 07114 for the price of $14,000,000 total 35 units. A rare investment opportunity in the desirable Ironbound Section of Newark where the going rates for apartments are $2600 to$3200 monthly. This beautiful building is being finished with 4 fls of apartments w/ 19 custom designed units, (14 2bdrm 2bth units; 1 2bdrm 2bth unit w/ terrace & 4 1bdrm units). Building has elevator, laundry on each level, terrace with view to NYC, public bathroom,14 Garage parking spaces. Each unit has advanced tech door handles, prewired Fiber Optics, custom built kitchens w/ SS appliances (Microwave, Refrigerator, dishwasher,& gas stove), quartz countertops, island/peninsula, large sound proof windows, intercom system, Central Air & Forced Hot Air, & closet space. There are apartments facing NYC. Located near PATH, Train & Bus Station, Newark Airport, major highways, & Universities all within the same city.

Location

State NJ

County Essex

Area Newark

Exterior

Utilities Available Munincipal Water, Sewer

Roof Type Flat

New Jersey MLS (NJMLS)
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166-170 Emmet ST