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741 S Orange Ave Newark City, NJ $ 10,000
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$ 10,000 Get more info
741 S Orange Ave
$ 10,000
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741 S Orange Ave

Newark City, NJ, 07106
$ 10,000
Baths0.2 Sq 7,480

Monthly Estimate*

$ 70

​
Studio Commercial Property for sale in Newark City, NJ for $10,000 with 2 half baths. This 7,480 square foot building was built in 1950 on a lot size of 0.15.

BEST LOCATION in Newark for ANY business venture on high traffic, high visibility South Orange Ave corner of No. Munn just 1 block to GSP with Vailsburg Park/Ronald L. Rice Sports Complex and Speedway Academies on opposite corners. This building was renovated in 2021. Multiple office spaces, waiting areas, storage areas, an almost 6,000 sq ft open area on 1st floor has held 24 cars. Historically, recently used as an Auto Body Repair and Mechanic shop. Paint booth intact. Zoned C2 - Community Commercial. Potential for any retail business (tenant must obtain any required inspections/certifications from the City of Newark). Adjacent building at 9 No. Munn (C2), paved parking lot at 11-13 No. Munn (C2) and vacant unpaved lot at 15 No. Munn (R2) also available for additional cost.

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Commercial Active

Price

$ 10,000

Bedrooms

Studio

Half Bath

2

Property Type

Commercial

Taxes

$ 14,912

Style

Gas Station/Garage

Lot Size

0.15

Year Built

1950

Town/City

Newark City

County/Region

ESSEX

MLS | Web ID

3894698
Features
General
Sewer Public Sewer
Heating See Remarks
Cooling See Remarks
Utilities Electric Gas-Natural
Possession Immediate
Zoning C2
Year Built 1950
Tenant Pays Electric Gas Heat Hot Water Maintenance-Lawn See Remarks Snow Removal Trash Removal
Township Newark City
Property Type Gas Station/Garage See Remarks Store With Office Gas Station/Garage
Tax Year 2023
Percent Ownership Fee Simple
Location Business District Corner Freestanding
Lease Information Negotiable
County Essex
Subdivision Name Lower Vailsburg
Status Active
Directions Corner So. Orange Ave & No. Munn Ave Garden State Parkway Exit 144 diagonal to Vailsburg Park/Ronald Rice Sports Complex next to Speedway Academies
Total Units 1
Street Name S Orange Ave
Tax Annual Amount 14912
Drive See Remarks
Days on Market 0
Lease Type Other
Standard Status Active
Tax Assessed Value 400000
Town # 1614
Tax Lot 7
Tenant Landlord Pays Tenant Pays Commission
Farm Assessment No
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Interior
Basement Bilco-Style Door Partial Unfinished Walkout
Fuel Type Gas-Natural
Total Stories 2
Half Baths 2
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Exterior
Lot Features Corner Level Lot
Water Source Public Water
Building Area Total 7480
Lot Dimensions 62.3 X108.3
Lot Size Acres 0.15
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* Excluded Features
List By
DEBORAH LONGSWORTH

Listing Agent

Real Deal Realty, Llc

Broker

dmlongsworth@yahoo.com

Email

Affordability Calculator

$1,313
Per Month
5%
95%
0%
Monthly Principal & Interest
$70
Monthly Property Taxes
$1,243
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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/8/2024$10,000 Listed Price

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741 S Orange Ave, Newark City, NJ, 07106 is a Commercial Property for sale at $10,000 with 7,480 sqft and a lot size of 0.15. 741 S Orange Ave is a studio with 0.2 baths and was built in 1950. The property's zip code is 07106 which is in Newark City, NJ

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