Newark, NJ 07103

$1,600,000
MLS #/Web ID: 3471486
3471486

Commercial Property for sale in Newark, NJ

for $1,600,000 with 3 full baths. This building was built in 1935 on a lot size of 126.9X87.

Property Information

  • $1,600,000
  • 3 Full Baths
  • Commercial
  • 0 Square Feet
  • Other / Unknown
  • Active
  • Lot size of 126.9X87
  • Built in 1935
  • Newark, NJ
  • Essex County
  • MLS/Web ID is 3471486

Description

CALLING ALL Houses of Worship or Schools looking to expand and or Investors/Developers whom are interested in developing this Building for Residential Use. This SPACIOUS BUILDING which sits on .25 acres of land is waiting for your Immediate Immagination. Whether a House of Worship, a School or Residential Use, this Diamond in the Ruff of an Opportunity WONT LAST! A Special Bonus to Houses of Worship: Attached are Professional Artistic Drawings of the exterior and interior of this Facility that can be used when designing your own in this Spacious Builing which features a 1000 Seat Sanctuary, several Classrooms, Offices that can be utilized as a Day Care Center, a Fellowship Hall on the second level along with additional Classrooms and a Rear Gated Parking Lot!! This is a MUST SEE!

Interior 8

Appliances

  • Fire Alarm

Basement

  • Basement
  • Full Basement
  • Unfinished

Building Amenities

  • Storage

Cooling System

  • Multiple Units

Heating System

  • 1 Unit

Interior

  • Public Restroom

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 5

Construction

  • Brick & Block

Driveway

  • Blacktop

Parking

  • Exclusive

Roof

  • Asphalt Shingles

Siding

  • Brick

Miscellaneous 3

Commercial

  • Sale Includes Building & Land

Location

  • Residential District

Utilities

  • Electric
  • Gas In Street

† Excluded Feature

Listed By

Broker: SEVEN STAR REALTORS

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Market Pricing

Average % of sale price Median % of sale price
All listings in Newark $493,813 69 % below $299,900 81 % below
Commerical listings in Newark $1,674,685 5 % above $669,000 58 % below
Sold listings in Newark $75,000 95 % 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

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363