452-454 SUMMER AVE Newark, NJ 07104

$289,000
452-454 SUMMER AVE, Newark, NJ 07104
Call 1-800-839-1363
3395301

Commercial Property for sale in Newark, NJ

for $289,000 with 1 full bath. The lot size is 60.7X218.6.

Property Information

  • $289,000
  • 1 Full Bath
  • Commercial
  • 0 Square Feet
  • Taxes are $9,350
  • Other / Unknown
  • Active
  • Lot size of 60.7X218.6
  • Newark, NJ
  • North Broadway Neighborhood
  • Essex County
  • MLS/Web ID is 3395301
  • Price Reduced

Description

Great Investment with grocery store, 13 car garages, and huge open lot in back, private long driveway and so much more. Great income! Price Reduced!!!! Store has lease rented for $1, 500/month with a 3 percent yearly increase. Garages also generate a very nice income 11 of the are rented at $125/monthly and 2 of them are rented at $350/month. Also included in sale is a rear fenced in large parking lot.

Interior 6

Appliances

  • Smoke Detector

Basement

  • None

Cooling System

  • None / Unknown

Heating System

  • 1 Unit

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 6

Construction

  • Brick & Block

Driveway

  • Pavers

Lot Description

  • Irregular Lot

Parking

  • 1 Car Parking
  • Additional Parking

Roof

  • Flat Roof

Siding

  • Brick

Miscellaneous 2

Commercial

  • Sale Includes Building

Utilities

  • Cable TV Available
  • Natural Gas
  • TV-Cable

Rental 1

Tenant Pays

  • All Utilities

† Excluded Feature

Listed By

Listing Agent: Tania Hernandez Faria
Broker: Weichert Realtors
Office: East Brunswick

452-454 SUMMER AVE , Newark, NJ, 07104 is a Commercial Property for sale at $289,000 with 0 sqft and a lot size of 60.7X218.6. 452-454 SUMMER AVE has 1 baths. The property's zip code is 07104 which is in Newark, NJ

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Pricing History

Date Price Price Change Description
9/25/2017 $289,000 -3.34 % Price Change
9/25/2017 $299,000 Price Change
7/11/2017 $299,000 -9.12 % Price Change
7/11/2017 $329,000 Price Change
6/9/2017 $329,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Newark $384,698 33 % above $309,000 7 % above
Commerical listings in Newark $638,758 121 % above $475,000 64 % above
Sold listings in Newark $75,000 74 % 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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