452-454 Summer Avenue Newark, NJ 07104

$289,000
452-454 Summer Avenue, Newark, NJ 07104
Call 1-800-839-1363
1820974

Commercial Property for sale in Newark, NJ

for $289,000. The lot size is 60.7 x 218.6.

Property Information

  • $289,000
  • Commercial
  • Taxes are $9,350
  • Garage
  • Active
  • Lot size of 60.7 x 218.6
  • Newark, NJ
  • Essex County
  • MLS/Web ID is 1820974

 Virtual Tour

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 3

Cooling System

  • None / Unknown

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 2

Construction

  • Brick

Roof

  • Flat Roof

Miscellaneous 3

Commercial

  • Sale Includes Building
  • Sale Includes Building & Land

Other

  • Fuel

Utilities

  • Gas In Street

Rental 2

Landlord Pays

  • Insurance
  • Taxes

Tenant Pays

  • Electric
  • Gas
  • Heating
  • Other Expenses

† Excluded Feature

Listed By

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

452-454 Summer Avenue, Newark, NJ, 07104 is a Commercial Property for sale at $289,000 with a lot size of 60.7 x 218.6. 452-454 Summer Avenue has 0.0 baths. The property's zip code is 07104 which is in Newark, NJ

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Market Pricing

Average % of sale price Median % of sale price
All listings in Newark $443,827 54 % above $330,000 14 % above
Commerical listings in Newark $909,419 215 % above $675,000 134 % 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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