116 Magazine St Active

Newark City,NJ 07105

$ 1699000

- Bed

- Bath

0 SqFt


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

Building

Lot Description Level Lot

Story 40

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

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