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$ 1,650,000
Est. payment /mo
Active
175 FERRY ST Newark, NJ 07105-2101
2.5 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250000377
Full Baths 2
Half Baths 1
Annual Tax Amount $15,337
Lot Dimensions 25x95
Property Sub-Type Investment
Property Description
This property is located in the center of the Ironbound District of Newark, featuring one commercial storefront and two residential apartments, all currently rented on a month-to-month basis. Each unit has separate utilities, offering easy management and maintenance. With a full basement for extra storage, this property provides flexibility for both business and rental income. The Ironbound District is known for its cultural diversity along with excellent dining and retail options. It's well-connected by public transportation, with easy access to Newark Penn Station and major transit lines to New York City. Newark Liberty International Airport and major highways are also just minutes away, adding to the convenience. This property offers a unique opportunity for investors or business owners looking to take advantage of a dynamic, well-connected location.
Location
State NJ
County Essex
Area Newark
Listed by CENTURY 21 SEMIAO & ASSOCIATES