Welcome to this prime corner commercial property located in the sought-after University Heights section of Newark's Central Ward. This is an excellent opportunity to own a fully occupied mechanic shop investment property situated at the corner of Hudson Street and Hartford Street.The property features two tenant-occupied mechanic shop spaces. The… Read More Hudson Street side offers approximately 2,200 square feet plus an additional 300 square feet of office space. The Hartford Street side features approximately 1,500 square feet. The building also includes three half bathrooms.Property highlights include R-4 Residential Low-Rise zoning, a 60' x 100' lot size totaling approximately 6,000 square feet, and a building size of approximately 4,000 square feet. Conveniently located near major highways, Downtown Newark, Rutgers University, NJIT, University Hospital, and public transportation, with easy access to New York City.Business not included in the sale. Read Less
Courtesy of WEICHERT REALTORS - HOME CITY.
Listing Snapshot
Days Online
253
Last Updated
Property Type
Other
Square Ft.
4,000
Lot Size
0.14 Acres
Year Built
1950
MLS Number
4005920
30 Days Snapshot Of 07103
$365k
-5%
(avg) sold price
4
-42%
homes sold
195
+98%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
No
Building
Built in 1950
Cooling
No Cool
Exterior Features
Brick/Block, See Remarks
Floors
Concrete
Garage
6 garage spaces
Water Features
Public Water
Heating
Gas-Natural, 2 Units
Lot
Approximate Lot Size: 60 X 100, 0.14 acres, Open Lot
Property
4,000 sqft building, 2 units
Roof
Flat
Sewer
Public Sewer
Taxes
Annual Tax Amount: $12,470, Tax Rate: 3.800
Utilities
Gas-Natural
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All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.
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