166-170 Emmet Street Newark, NJ $ 14,000,000
166-170 Emmet Street
$ 14,000,000
New Construction
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166-170 Emmet Street

Newark, NJ, 07114
$ 14,000,000
Baths0.0

Monthly Estimate*

$ 83,847

166-170 Emmet Street, Newark, NJ 07114 - Image 1
166-170 Emmet Street, Newark, NJ 07114 - Image 2
Studio

Commercial Property for sale in Newark, NJ

for $14,000,000.

PACKAGE DEAL:New Building sold with 529 Mulberry St., Newark NJ 07114 for the price of $14,000,000 total 35 units. A rare investment opportunity in the desirable Ironbound Section of Newark where the going rates for apartments are $2600 to$3200 monthly. This beautiful building is being finished with 4 fls of apartments w/ 19 custom designed units, (14 2bdrm 2bth units; 1 2bdrm 2bth unit w/ terrace & 4 1bdrm units). Building has elevator, laundry on each level, terrace with view to NYC, public bathroom,14 Garage parking spaces. Each unit has advanced tech door handles, prewired Fiber Optics, custom built kitchens w/ SS appliances (Microwave, Refrigerator, dishwasher,& gas stove), quartz countertops, island/peninsula, large sound proof windows, intercom system, Central Air & Forced Hot Air, & closet space. There are apartments facing NYC. Located near PATH, Train & Bus Station, Newark Airport, major highways, & Universities all within the same city.

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Commercial Active

Price

$ 14,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 11,092

Style

5+Family

Town/City

Newark

County/Region

Essex

MLS | Web ID

24019822

Features
General
Area 0714
Style 5+Family
Roof Flat
Status ACTIVE
Year Built New Construction-New Foundation 2020's
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Exterior
Substyle Other
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* Excluded Features

Affordability Calculator

$84,771
Per Month
99%
1%
0%
Monthly Principal & Interest
$83,847
Monthly Property Taxes
$924
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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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Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/20/2024$14,000,000 Listed Price

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166-170 Emmet Street, Newark, NJ, 07114 is a Commercial Property for sale at $14,000,000. 166-170 Emmet Street is a studio with 0.0 baths. The property's zip code is 07114 which is in Newark, NJ