198-206 Sussex Newark City, NJ $14,400,000

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198-206 sussex | Newark City

$14,400,000 | 0.0 Sq. Ft.

Great investment opportunity! PACKAGE SALE with 66-88 Hecker St. & 33-39 Dickerson St. DEVELOPER'S DREAM! PACKAGE SALE with 66-88 Hecker St. & 33-39 Dickerson St. Zoned for Mix Use in prime location: Major portion of city square block for sale with huge upside potential. Property is located in the center of The Urban Enterprise re-development zone., close to Downtown, Interstate 280, NJIT, Rutgers, and Newark International Airport. Highlights: +/- 100,000 sq.ft. of warehouse space which generates high rental revenue. Tremendous upside value to re-develop. Strong cash flow in place to offset re-development approval and development down time. Seize the moment and own it! Great investment opportunity! GSMLS 3482571

Directions to property: Dickerson & Orange, Hudson & Puryea, Center & Sussex

MLS Listing ID: 
GSMLS 3482571
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$14,400,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Newark City
Address: 
198-206 sussex, Newark City, NJ 07103-2806, U.S.A.
County: 
Essex
Latitude: 
40.7479780
Longitude: 
-74.1844560
Directions: 
Dickerson & Orange, Hudson & Puryea, Center & Sussex
Public Remarks: 
Great investment opportunity! PACKAGE SALE with 66-88 Hecker St. & 33-39 Dickerson St. DEVELOPER'S DREAM! PACKAGE SALE with 66-88 Hecker St. & 33-39 Dickerson St. Zoned for Mix Use in prime location: Major portion of city square block for sale with huge upside potential. Property is located in the center of The Urban Enterprise re-development zone., close to Downtown, Interstate 280, NJIT, Rutgers, and Newark International Airport. Highlights: +/- 100,000 sq.ft. of warehouse space which generates high rental revenue. Tremendous upside value to re-develop. Strong cash flow in place to offset re-development approval and development down time. Seize the moment and own it! Great investment opportunity!
Building Details
Details about the building on a property.
Stories: 
0.0
Year Built: 
1980
Living Area: 
0.0
Construction
Construction Materials: 
Brick/Block
Roof: 
Flat
Exterior: 
Brick/Block
Energy Information: 
See Remarks
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
See Remarks
Heating System Fuel: 
None
Cooling System: 
See Remarks, Central Air
Water Source: 
Public Water
Sewer: 
Public Available
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.28
Lot Size (Dimensions): 
108X114.2 AVG; 309.2x95,+
Waterfront: 
0
Lot Features
Driveway: 
See Remarks, On-Street Parking
Parking Type: 
See Remarks, On-Street Parking
Public Record
Parcel Number: 
1614-02843-0000-00001-0000-
Lot Number: 
1, 21, 15
Annual Tax: 
$16,198.00
Property Zoning: 
0
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
6/26/2018
Contract Details
Details about the listing contract.
Possession: 
at closing
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
LIBERTY REALTY, LLC.

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