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Commercial Property for sale:
198-206 Sussex Ave
Newark, NJ 07103
Price $14,400,000
Beds N/A
Baths N/A
Status Available
County Essex
Listing ID# 52702592
Estimated Payment $53,351
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$14,400,000 Commercial Property for Sale in Newark, NJ

Real Estate for Sale, ListingId:52702592, location: 198-206 SUSSEX AVE Newark 07103
 

GREGORY PRIDGEN

Phone (201) 222-2900

LIBERTY REALTY LLC

Phone (201) 222-2900


Data Provided by:
Hudson County Multiple Listing Service

PROPERTY DESCRIPTION

Investment - Newark, NJ DEVELOPER'S DREAM. PACKAGE SALE with 66-88 Hecker St. & 33-39 Dickerson St. Zoned for Mix Use in prime location: Major portion of city square block for sale with huge upside potential. Property is located in the center of The Urban Enterprise re-development zone., close to Downtown, Interstate 280, NJIT, Rutgers, and Newark International Airport. Highlights: +/- 100,000 square feet of warehouse space which generates high rental revenue. Tremendous upside value to re-develop. Versatile location near mass transit and easy access to the Airport and major highways- Strong cash flow in place to offset re-development approval and development down time. Property can also be delivered vacant. Potential uses: Dynamic investment opportunities, proactive city council- Almost any beneficial commercial applications! Warehouse/Distribution and potential for residential housing. Mixed Use commercial facility charter school. Seize the moment and own it! Great investment opportunity! MLS# 180012113.

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