20 Wilson Ave Newark City, NJ $ 1,289,000
20 Wilson Ave
$ 1,289,000
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20 Wilson Ave

Newark City, NJ, 07105
$ 1,289,000
Baths0.6 Sq 5,600

Monthly Estimate*

$ 8,567

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Studio Commercial Property for sale in Newark City, NJ for $1,289,000 with 6 half baths. This 5,600 square foot building was built in 1947 on a lot size of 0.06.

Awesome mixed-use property located near shopping stores, mass transit, and highways with long-term tenants and in great condition.

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Commercial Active

Price

$ 1,289,000

Bedrooms

Studio

Half Bath

6

Property Type

Commercial

Taxes

$ 11,504

Style

MixedUse

Lot Size

0.06

Year Built

1947

Town/City

Newark City

County/Region

ESSEX

MLS | Web ID

3891413

Features
General
Sewer Public Sewer
Construction Brick/Block Wood
Heating 4+ Units Radiant - Hot Water
Cooling No Cool
Utilities Electric Gas-Natural
Possession Closing
Roof Flat
Zoning Res/comm
Year Built 1947
Tenant Pays Cable T.V. Electric Gas Heat Hot Water
Township Newark City
Property Type Mixed Use MixedUse
Tax Year 2023
Percent Ownership Fee Simple
Location Business District
Gross Income 119600
County Essex
Net Operating Income 96850
Operating Expense 22750
Status Active
Directions Ferry street to Wilson Avenue
NumberOfUnitsTotal 6
Street Name Wilson Ave
Tax Annual Amount 11504
Drive None
Leasable Area 0
Days on Market 73
Standard Status Active
Tax Assessed Value 308600
Town # 1614
Tax Lot 14
Cap Rate 7.00
Farm Assessment No
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Interior
Basement Unfinished
Fuel Type Gas-Natural
Total Stories 3
Half Baths 6
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Building Area Total 5600
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
ISAIAS GARCIA RODRIGUES

Listing Agent

Coldwell Banker Realty

Broker

Affordability Calculator

$9,526
Per Month
90%
10%
0%
Monthly Principal & Interest
$8,567
Monthly Property Taxes
$959
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/12/2024$1,289,000 -0.77% Price Down
3/28/2024$1,299,000 Listed Price

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20 Wilson Ave, Newark City, NJ, 07105 is a Commercial Property for sale at $1,289,000 with 5,600 sqft and a lot size of 0.06. 20 Wilson Ave is a studio with 0.6 baths and was built in 1947. The property's zip code is 07105 which is in Newark City, NJ