33-39 Dickerson Street Newark, NJ $14,400,000

33-39 Dickerson Street | Newark

$14,400,000

DEVELOPER'S DREAM. PACKAGE SALE: 198 Sussex St., 66 Hecker St. & 33 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 square feet of warehouse space which generates high rental revenue. Tremendous upside value to re-develop. Versatile location near mass transit and easy access to the Airport and major highways- Strong cash flow in place to offset re-development approval and development down time. Property can also be delivered vacant. Potential uses: Dynamic investment opportunities, proactive city council- Almost any beneficial commercial applications! Warehouse/Distribution and potential for residential housing. Mixed Use commercial facility charter school. Seize the moment and own it! Great investment opportunity! NJMLS 1828373

MLS Listing ID: 
NJMLS 1828373
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$14,400,000
Basic Property Information
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Property Type: 
Commercial
Primary Market Area: 
Newark
Address: 
33-39 Dickerson Street, Newark, NJ 07103, U.S.A.
County: 
ESSEX
Public Remarks: 
DEVELOPER'S DREAM. PACKAGE SALE: 198 Sussex St., 66 Hecker St. & 33 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 square feet of warehouse space which generates high rental revenue. Tremendous upside value to re-develop. Versatile location near mass transit and easy access to the Airport and major highways- Strong cash flow in place to offset re-development approval and development down time. Property can also be delivered vacant. Potential uses: Dynamic investment opportunities, proactive city council- Almost any beneficial commercial applications! Warehouse/Distribution and potential for residential housing. Mixed Use commercial facility charter school. Seize the moment and own it! Great investment opportunity!
Construction
Exterior Features: 
Other
Room Details
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Total Bedrooms: 
0
Total Bathrooms: 
0
Lot/Land Details
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Waterfront: 
0
Public Record
Annual Tax: 
$0.00
Listing Dates
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Listing Entry Date/Time: 
7/6/2018
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Liberty Realty, LLC

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