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Franklin Borbon

Sales Associate

  • Cell 732-423-1970
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198-206 Sussex, Newark City, NJ – $14,400,000

  • $14.4M Price
  • .28 Acres
  • 149 DOM
  • $14.4M Price
  • .28 Acres
  • 149 DOM

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198-206 Sussex

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!

Essential Information

  • MLS® #3482571
  • Price$14,400,000
  • Acres0.28
  • Year Built1980
  • StatusActive

Type

Commercial / Industrial / Business

Community Information

  • Address198-206 Sussex
  • Areaempty
  • Subdivisionempty
  • CityNewark City
  • CountyEssex
  • StateNJ
  • Zip Code07103-2806

Amenities

  • UtilitiesSee Remarks
  • ParkingSee Remarks, On-Street Parking

Interior

  • HeatingNone

Exterior

  • ExteriorBrick
  • RoofFlat

Additional Information

  • Date ListedJune 25th, 2018
  • Days on Market149

Listing Details

  • OfficeLIBERTY REALTY, LLC.
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Listing information last updated on December 18th, 2018 at 4:36pm EST.

Keller Williams Metropolitan