40.71867 -74.161674

374-404 SOUTH ST Newark City, NJ 07105

261935110 40.71867 -74.161674 2412 /listing/261935110-151254588/374-404-south-st-newark-city-nj-07105 False 0 9150000.0 101 3613919 False
  • $9,150,000
  • 43034 SF lot
  • Est payment $49119.18/mo

Property & Neighborhood Info

Courtesy Of EXIT REALTY LUCKY ASSOCIATES

Commercial in Newark City

Shopping center for sale total of 10 stores built in 2010 Ironbound section with 41 parking spaces, fully rented with all tenants on a triple net lease and long term leasesDunkin Donuts, Laundromat, Spa, Metro PCS, BBQ, Taekwondo School, Grocery Store and others

Courtesy Of EXIT REALTY LUCKY ASSOCIATES
  1. 43034 SF Lot

Main Features

  • Listing Status: Active
  • Year Built: 2010
  • Garage: 41.0
  • Floors: 1
  • County: Essex
  • Taxes: $100,396.00
  • Tax Year: 2019
  • Units: 10
  • Zoning: Commercial
  • Subdivision: Ironbound
  • MLS Number:3613919

Additional Features

  • Ceiling Height:
    • 18
  • Cooling:
    • Central Air
  • Equipment:
    • Fire Alarm
    • Security System
    • Sign - Freestanding
    • Smoke Detector
    • Sprinkler System
  • Loading Info:
    • None
  • Location:
    • Corner
    • Shopping Mall
  • Number of Docks:
    • 0
  • Roof:
    • See Remarks
  • Water Source:
    • Public Water
  • Year Built Description:
    • Approximate
  • Basement:
    • Slab
  • Door Height:
    • 9
  • Exterior:
    • Brick/Block
  • Acres:
    • 0.99
  • Lot Features:
    • Level Lot
  • Parking:
    • Blacktop
    • 41
  • Expenses Include:
    • See Remarks
  • Heating:
    • See Remarks
  • Heating Source:
    • See Remarks
  • Sewer:
    • Public Sewer
  • Utilities:
    • Electric
    • Gas-Natural
  • Utilities Paid By:
    • Tenant
  • Permitted Use:
    • shopping center
  • Documents Available:
    • See Remarks
  • Easements:
    • Unknown
  • For Sale or Lease:
    • For Sale
  • Gross Income:
    • 480000
  • Sale Includes:
    • Building & Land
  • Tax Rate:
    • 3.761
  • Tenant Pays:
    • Cable T.V.
    • Electric
    • Gas
    • Heat
    • Hot Water
    • Maintenance-Common Area
    • See Remarks
    • Sewer
  • Assessment Building:
    • 1206400
  • Assessment Land:
    • 1463000
  • Net Income:
    • 480000
  • Number Of Bays:
    • 0
  • Number of Drive In Doors:
    • 0
  • Operating Expense:
    • 0
  • Ownership Type:
    • Fee Simple
  • Possession:
    • ASAP
  • Suite Num:
    • 0
  • Tax Assessment:
    • 2669400
  • Tax Block:
    • 974
  • Tax Property ID:
    • 11.11
  • Tax ID:
    • 1614-00974-0000-00011-0011-
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Lynn Martini
Lynn Martini
Associate
180 Howard Blvd Mount Arlington NJ 07856
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