432 Central Ave Newark, NJ 07107

$578,000
432 Central Ave, Newark, NJ 07107
Call 866-441-4349
3275526

Commercial Property for sale in Newark, NJ

for $578,000. This 7,000 square foot building was built on a lot size of 25x100.

Property Information

  • $578,000
  • Commercial
  • 7,000 Square Feet
  • Taxes are $16,247
  • Mixed Use
  • Active
  • Lot size of 25x100
  • Newark, NJ
  • Fairmount Neighborhood
  • Essex County
  • MLS/Web ID is 3275526

Description

Investors Dream-1st Fl.features 2 store front (Deli and convenience store), upper floors feature 4 apartments (two 2 br and 2 1br.) ! City and fire inspections have been done. Ready for new owner Over 7000 square feet, commercial lease space rented for$2600 and $1250, All 4 apartments are on one year lease. 2 bedrooms $850 per month, 1 bedrooms $750 per month.. Tenants pay heating and air conditioning.

Interior 8

Appliances

  • Fire Alarm

Basement

  • None

Cooling System

  • Central Air
  • Multiple Units
  • Zoned

Heating Source

  • Natural Gas

Heating System

  • 4+ Units
  • Forced Air
  • Zoned

Sewer

  • Public Sewer

Utilities

  • Cable Internet Available
  • Natural Gas

Water Source

  • Public Water

Exterior 3

Lot Description

  • Corner

Roof

  • Flat Roof

Siding

  • Concrete Siding

Miscellaneous 2

Commercial

  • Sale Includes Building

Location

  • Business District

† Excluded Feature

Listed By

Listing Agent: Eric D. Saunders
Broker: Newark - WEICHERT, REALTORS® - New Group

432 Central Ave , Newark, NJ, 07107 is a Commercial Property for sale at $578,000 with 7,000 sqft and a lot size of 25x100. The property's zip code is 07107 which is in Newark, NJ

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Pricing History

Date Price Price Change Description
7/2/2016 $578,000 -3.51 % Price Change
1/12/2016 $599,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Newark $396,450 31 % below $307,000 47 % below
Commerical listings in Newark $645,583 12 % above $470,000 19 % below
Sold listings in Newark $75,000 87 % 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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or Call us at 866-441-4349