41-51 Wilson Avenue Newark, NJ 07105

$550,000
41-51 Wilson Avenue, Newark, NJ 07105
3467149

Commercial Property for sale in Newark, NJ

for $550,000 with 4 full baths. This 3,100 square foot building was built in 1980 on a lot size of 154.8X108.

Property Information

  • $550,000
  • 4 Full Baths
  • Commercial
  • 3,100 Square Feet
  • Taxes are $9,113
  • Office Building
  • Active
  • Lot size of 154.8X108
  • Built in 1980
  • Newark, NJ
  • North Ironbound Neighborhood
  • Essex County
  • MLS/Web ID is 3467149

Description

Two neighboring office spaces in well known Wilson Towers. High foot traffic, less than a mile from Newark Penn Station. Close to highways, restaurants, Prudential Center, NJPAC, Red Bulls Stadium. 7 reserved parking spots! One unit is presently vacant and was used as a doctor's office for 20 years.Freshly painted, professionally cleaned carpets .Features 2 exam rooms with sinks, large office/conference room, storage, employee kitchen, handicap accessible bathroom, and large reception counter and waiting area.The occupied unit was recently outfitted with 4 modern offices, large storage room, handicap accessible bathroom, employee kitchen, and reception area. It is leased for $2900 per month which pays the taxes and HOA fees for BOTH units for the entire year! See attached property flyer for more info.

Interior 9

Appliances

  • Fire Alarm

Basement

  • None

Cooling System

  • Central Air
  • Multiple Units

Flooring

  • Carpet(s)
  • Tile Flooring

Heating System

  • 2 Units
  • Forced Air

Interior

  • Network / Ethernet / Internet Wired

Room Features

  • Kitchen

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 6

Construction

  • Brick & Block

Lot Description

  • Corner

Parking

  • Assigned Parking
  • Shared Parking

Road Frontage

  • Highway

Roof

  • Rubber

Siding

  • Brick

Miscellaneous 5

Accessibility

  • Handicap Access

Commercial

  • Sale Includes Building
  • Sprinkler System

Location

  • Business District

Other

  • Garbage Pickup

Utilities

  • Electric
  • Phone

† Excluded Feature

Listed By

Broker: CORNERSTONE REALTY ASSOCIATES

41-51 Wilson Avenue , Newark, NJ, 07105 is a Commercial Property for sale at $550,000 with 3,100 sqft and a lot size of 154.8X108. 41-51 Wilson Avenue has 4.0 baths and was built in 1980. The property's zip code is 07105 which is in Newark, NJ

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Pricing History

Date Price Price Change Description
10/9/2018 $550,000 -4.35 % Price Change
5/3/2018 $575,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Newark $493,813 10 % below $299,900 45 % below
Commerical listings in Newark $1,674,685 204 % above $669,000 22 % above
Sold listings in Newark $75,000 86 % 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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