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587 S Orange Ave Newark City, NJ $ 510,000
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$ 510,000 Get more info
587 S Orange Ave
$ 510,000
Back to search
Share Save

587 S Orange Ave

Newark City, NJ, 07106
$ 510,000
Baths0.1 Sq 2,200

Monthly Estimate*

$ 3,563

587 S Orange Ave, Newark City, NJ 07106 - Image 1
587 S Orange Ave, Newark City, NJ 07106 - Image 2
587 S Orange Ave, Newark City, NJ 07106 - Image 3
587 S Orange Ave, Newark City, NJ 07106 - Image 4
587 S Orange Ave, Newark City, NJ 07106 - Image 5
587 S Orange Ave, Newark City, NJ 07106 - Image 6
587 S Orange Ave, Newark City, NJ 07106 - Image 7
Studio Commercial Property for sale in Newark City, NJ for $510,000 with 1 half bath. This 2,200 square foot building was built in 1959 on a lot size of 0.06.

Multi Use Bldg in Business Area with quick access to main routes. Bldg contructed brick/block, roof 2 yrs young, and backyard. Features Charitable Events/Svcs on 1st floor and Loft Style Luxury Apt on 2nd flr. Apartment has open floor plan with Living Rm, Dining Area and Kitchen with SS Apl, Master Bed & Bath and 2nd Bedroom and additional Bath. High End furnishings and Central Air Conditioning and heat.

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Commercial Active

Price

$ 510,000

Bedrooms

Studio

Half Bath

1

Property Type

Commercial

Taxes

$ 13,285

Style

MixedUse

Lot Size

0.06

Year Built

1959

Town/City

Newark City

County/Region

ESSEX

MLS | Web ID

3866029
Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 4+ Units Cent Register Heat Forced Hot Air
Cooling 3 Units Central Air
Utilities Electric Gas-Natural
Possession TBD
Roof Flat
Zoning Bus/Res
Garage Spaces 0
Year Built 1959
Tenant Pays Electric Gas Heat Hot Water Repair Insurance Repairs Snow Removal Trash Removal
Township Newark City
Property Type Mixed Use MixedUse
Tax Year 2021
Percent Ownership Fee Simple
Location See Remarks
Lease Information 1 Year Minimum 2 Year Minimum
Gross Income 51600
County Essex
Net Operating Income 51120
Operating Expense 480
Status Active
Directions GSP to Ext 144 to S Orange Ave or Rte 280 to GSP.
Total Units 2
Street Name S Orange Ave
Tax Annual Amount 13285
Drive None On-Street Parking
Leasable Area 1100
Days on Market 0
Standard Status Active
Tax Assessed Value 355800
Town # 1614
Tax Lot 20
Farm Assessment No
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Interior
Basement Full Unfinished
Flooring Laminate
Fuel Type Electric Gas-Natural
Total Stories 2
Half Baths 1
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Exterior
Lot Features Level Lot
Water Source Public Water
Total Parking 0
Exterior Description Brick/Block
Building Area Total 2200
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
CAROLYN CRAWFORD

Listing Agent

1-888-Nj-Realty

Broker

cfaboe@verizon.net

Email

Affordability Calculator

$4,670
Per Month
76%
24%
0%
Monthly Principal & Interest
$3,563
Monthly Property Taxes
$1,107
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/22/2023$510,000 Listed Price

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587 S Orange Ave, Newark City, NJ, 07106 is a Commercial Property for sale at $510,000 with 2,200 sqft and a lot size of 0.06. 587 S Orange Ave is a studio with 0.1 baths and was built in 1959. The property's zip code is 07106 which is in Newark City, NJ

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