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445 Orange St

Newark City, NJ 07107
  • $499,999
  • STATUS: Active
  • ON SITE: 82 Days
  • MLS #: 3878012
UPDATED: 89 min ago
$499,999
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,438
    SQFT
  • $145
    $/SQFT
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Welcome to a prime investment opportunity nestled in the vibrant heart of Newark! This historic building awaits your transformative touch, offering the potential to restore it into a lucrative cash-flowing property. With its central location and unique features, this property is a standout opportunity in the real estate market. This well-located gem boasts three spacious 3-bedroom, 2-bathroom units, each spanning approximately 1146 square feet, providing an ideal canvas for creating modern and desirable living spaces. The versatility of these units caters to a variety of tenant needs, ensuring broad appeal in the rental market.In addition to the residential units, the building includes a captivating storefront, spanning approximately 1070 square feet. This prime commercial space offers endless possibilities for entrepreneurs, retailers, or creative businesses looking to establish a presence in the heart of Newark.For your convenience, detailed building plans are available upon request, providing insight into the immense potential that this property holds. What sets this opportunity apart is its incredibly attractive pricing, significantly below market value. Seize the chance to add this beauty to your investment portfolio before it's too late. With the perfect blend of location, size, and potential, this property promises not only immediate value but also the prospect of long-term returns.

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-03-03T23:46:10.247.
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445 Orange St Newark City, NJ 07107

  • Price: $499,999
  • Status: Active
  • On Site: 82 Days
  • Updated: 89 min ago
  • MLS #: 3878012
0
Beds
0
Baths
0
½ Baths
0.06
Acres
3,438
SQFT
$145
$/SQFT
County:
Essex
Area:
Newark City
Property Description
Welcome to a prime investment opportunity nestled in the vibrant heart of Newark! This historic building awaits your transformative touch, offering the potential to restore it into a lucrative cash-flowing property. With its central location and unique features, this property is a standout opportunity in the real estate market. This well-located gem boasts three spacious 3-bedroom, 2-bathroom units, each spanning approximately 1146 square feet, providing an ideal canvas for creating modern and desirable living spaces. The versatility of these units caters to a variety of tenant needs, ensuring broad appeal in the rental market.In addition to the residential units, the building includes a captivating storefront, spanning approximately 1070 square feet. This prime commercial space offers endless possibilities for entrepreneurs, retailers, or creative businesses looking to establish a presence in the heart of Newark.For your convenience, detailed building plans are available upon request, providing insight into the immense potential that this property holds. What sets this opportunity apart is its incredibly attractive pricing, significantly below market value. Seize the chance to add this beauty to your investment portfolio before it's too late. With the perfect blend of location, size, and potential, this property promises not only immediate value but also the prospect of long-term returns.
Exterior Features

Approximate Lot Size 27.6X100 AVG. Construction See Remarks Exterior Description Vinyl Siding Location Freestanding Number Of Bays 0 Number Of Docks 0 Parking Driveway Description On-Street Parking Roof Description Flat

Interior Features

Basement Yes Basement Description Crawl Space Cooling See Remarks Equipment Available See Remarks Heating See Remarks Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 7 Office Sq Ft 1070

Property Features

For Sale Or Lease For Sale Primary Property Type MixedUse Property Type Mixed Use Sale Includes Building & Land Suite Number 1 Tax Amount 10860 Tax Rate Amount 3.736 Tax Rate Year 2022 Tax Year 2022 Utilities Gas-Natural Water Public Water Zoning MIXED USE

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc: 732-688-3819.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-03-03T23:46:10.247.
 
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eXp Realty
28 Valley Rd Suite 1
Montclair NJ, 07042