Newark, NJ 07102

$750,000
MLS #/Web ID: 3364940
3364940

Commercial Property for sale in Newark, NJ

for $750,000 with 12 full baths. This 12,000 square foot building was built in 1921 on a lot size of 40X107.

Property Information

  • $750,000
  • 12 Full Baths
  • Commercial
  • 12,000 Square Feet
  • Taxes are $21,173
  • Office
  • Active
  • Lot size of 40X107
  • Built in 1921
  • Newark, NJ
  • Essex County
  • MLS/Web ID is 3364940

Description

Vacant. Former Institute of Biblical Studies campus Vacant. Former Institute of Biblical Studies campus

Interior 5

Basement

  • Basement
  • Unfinished

Cooling System

  • Wall Unit(s)

Heating System

  • Radiators - Steam

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 4

Construction

  • Brick & Block

Parking

  • On Street Parking

Roof

  • Asphalt Shingles

Siding

  • Brick

Miscellaneous 3

Commercial

  • Sale Includes Building & Land
  • Sprinkler System
  • Storage Tank

Location

  • Business District
  • Freestanding

Utilities

  • Natural Gas

† Excluded Feature

Listed By

Broker: EXIT PLATINUM REALTY

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Pricing History

Date Price Price Change Description
2/24/2018 $750,000 -16.20 % Price Change
2/16/2017 $895,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Newark $433,829 42 % below $336,500 55 % below
Commerical listings in Newark $918,959 23 % above $672,000 10 % below
Sold listings in Newark $75,000 90 % 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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