$ 1,699,000
116 Magazine St Newark City, NJ 07105
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,699,000
Est. payment /mo
Active
116 Magazine St Newark City, NJ 07105
2,613 Sqft Lot
UPDATED:
08/09/2024 05:34 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Ironbound
MLS Listing ID 3895568
Annual Tax Amount $16,496
Tax Year 2023
Lot Size 2,613 Sqft
Property Description
Approved for 24 units in the Ironbound. Ground floor parking garage with 24 spaces. Fifteen 1-bedroom plus office apartments and nine 2-bedroom apartments. Site plan available upon request. Full construction drawings and permits not included. Property currently contains four 25x100 warehouses that are rented with month-to-month tenants. UST have been removed and the site is clean.
Location
State NJ
County Essex
Zoning R3
Interior
Heating Electric
Cooling 4+ Units, Heatpump
Equipment Fire Alarm, Intercom, Passenger Elevator(s), Smoke Detector, Sprinkler System
Heat Source Electric
Exterior
Exterior Feature Brick/Block, Composition Siding, Vinyl Siding
Utilities Available Electric, Gas In Street
Roof Type Flat
Parking Type Off-Street Parking, Parking Lot-Exclusive
Building
Lot Description Level Lot
Story 40
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by EXIT REALTY LUCKY ASSOCIATES