58 Kossuth St Newark City, NJ ^$ 3,700,000

58 Kossuth St

^$ 3,700,000

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58 Kossuth St

Newark City, NJ, 07105

^$ 3,700,000

Studio Baths0.2 Sq 3,000

Monthly Estimate*

^$ 25,846

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Studio Commercial Property for sale in Newark City, NJ for $3,700,000 with 2 half baths. This 3,000 square foot building was built in 2007 on a lot size of 0.06.

This is an opportunity to open your dream restaurant everything included in the sale, located in the crown jewel of Newark, includes 2 apartments above, this is a highly desirable location with all modern dinning interior design from top to bottom, featuring a complete inventory list of tops of a line kitchen/restaurant equipment. Title work, title floors, high ceilings, and plentiful overhead lighting, indoor and outdoor seating area combination, outdoor bar with a feeling of tropical atmosphere Great accessibility to RT 1&9, 78, 21, and turnpike!!!!!!!!!!! to be sold as a package MLS3875415 and 3875420 and MLS 3875427,,,,,

Commercial Active

Price

^$ 3,700,000

Bedrooms

Studio

Half Bath

Property Type

Commercial

Taxes

^$ 21,425

Style

MixedUse

Lot Size

0.06

Year Built

2007

Town/City

Newark City

County/Region

ESSEX

MLS | Web ID

3875400

Features

General

Sewer Public Available

Construction See Remarks

Heating 3 Units Forced Hot Air

Cooling 3 Units Central Air

Utilities Gas-Natural

Possession TBA

Roof Asphalt Shingle

Zoning mix

Year Built 2007

Township Newark City

Property Type Mixed Use Restaurant MixedUse

Tax Year 2022

Percent Ownership Fee Simple

Location Business District Residential Area

County Essex

Subdivision Name Ironboud

Status Active

Directions Wilson to kossuth

Total Units 2

Street Name Kossuth St

Tax Annual Amount 21425

Drive Parking Lot-Exclusive

Leasable Area 100

Days on Market 88

Standard Status Active

Tax Assessed Value 573500

Town # 1614

Tax Lot 56

Interior

Basement Finished Full Storage

Fuel Type Gas-Natural

Total Stories 2

Half Baths 2

Exterior

Lot Features Corner

Water Source Public Water

Exterior Description Brick/Block See Remarks

Building Area Total 6000

Lot Dimensions 27.6X100

Lot Size Acres 0.06

* Excluded Features

List By

MARIO MACHADO

Listing Agent

Oneway Realty

Broker

mario@onewayrealty.net

Affordability Calculator

$27,631

Per Month

Monthly Principal & Interest: $25,846
Monthly Property Taxes: $1,785
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Commerical listings in Newark, NJ

Average List Price ^$1,104,317

Percent of Sale Price 70%

About Newark, NJ

283,201 Population

4% Since 2002

^$35,768 Median Income

34.98 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2023	$3,700,000		Listed Price

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58 Kossuth St, Newark City, NJ, 07105 is a Commercial Property for sale at $3,700,000 with 3,000 sqft and a lot size of 0.06. 58 Kossuth St is a studio with 0.2 baths and was built in 2007. The property's zip code is 07105 which is in Newark City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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