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198 SUSSEX AVE , Newark, NJ 07103

$14,400,000

Detail

  • Property ID: 180012113
  • Price: $14,400,000
  • Property Type: Commercial Sale/Lease
  • Property Status: Commercial

Description

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 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!

Address

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  • Address: 198 SUSSEX AVE
  • City: Newark
  • State/county: ESSEX / NJ
  • Zip/Postal Code: 07103
  • Country: United States

Listing provided by LIBERTY REALTY LLC - 201-222-2900

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Listing information last updated on 2024-11-15 5:00 AM.

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