59-65 McWhorter St. AKA50Bruen Newark, NJ 07105

$2,990,000
59-65 McWhorter St. AKA50Bruen, Newark, NJ 07105
Call 1-800-839-1363
3210567

Commercial Property for sale in Newark, NJ

for $2,990,000 with 4 full baths. This 17,000 square foot building was built in 1900.

Property Information

  • $2,990,000
  • 4 Full Baths
  • Commercial
  • 17,000 Square Feet
  • Taxes are $32,404
  • Industrial (Light)
  • Active
  • Built in 1900
  • Newark, NJ
  • North Ironbound Neighborhood
  • Essex County
  • MLS/Web ID is 3210567

Description

Location-Location-Location. One block from Penn Station, unique opportunity for developers & investors. Around 17, 000 sq.ft. of property that goes from Bruen St. to McWhorter St. 2 floors. Plus Basement. A MUST SEE for development. Property to be sold "as is" - No environmental issues known by the seller. 2 Lots & 2 buildings: ONE PRICE.

Interior 7

Appliances

  • Smoke Detector

Basement

  • Basement
  • Full Basement

Cooling System

  • Wall Unit(s)

Flooring

  • Concrete Floors

Heating System

  • 1 Unit

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 4

Construction

  • Concrete

Driveway

  • Exclusive

Parking

  • Off Street Parking

Siding

  • Brick

Miscellaneous 2

Commercial

  • Sale Includes Building & Land

Utilities

  • Underground Utilities

Rental 1

Landlord Pays

  • Utilities

† Excluded Feature

Listed By

Broker: EXIT REALTY LUCKY ASSOCIATES

59-65 McWhorter St. AKA50Bruen , Newark, NJ, 07105 is a Commercial Property for sale at $2,990,000 with 17,000 sqft. 59-65 McWhorter St. AKA50Bruen has 4.0 baths and was built in 1900. The property's zip code is 07105 which is in Newark, NJ

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Pricing History

Date Price Price Change Description
3/17/2016 $2,990,000 7.17 % Price Change
3/17/2016 $2,790,000 Price Change
9/26/2015 $2,790,000 -6.69 % Price Change
4/6/2015 $2,990,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Newark $388,512 87 % below $315,000 89 % below
Commerical listings in Newark $642,372 79 % below $475,000 84 % below
Sold listings in Newark $75,000 97 % below $0 100 % below

Get the facts about Newark, NJ!

Population 279,327
Population Growth (since 2000) 2 %
Median Income $36,022
Median Age 34.06
Households w/ Children 35 %

Residential Dwellings

  • Owned 21881
  • Vacant 13569
  • Rented 73259

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