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116 Wright St Newark, NJ $ 715,000
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$ 715,000 Get more info
116 Wright St
$ 715,000
Back to search
Share Save

116 Wright St

Newark, NJ, 07114
$ 715,000
Baths0.2 Sq 3,000

Monthly Estimate*

$ 4,752

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Studio

Commercial Property for sale in Newark, NJ

for $715,000 with 2 half baths. This 3,000 square foot building was built in 2013 on a lot size of 0.03.

LOCATION LOCATION. Calling all business owners and investors! Mixed use property next to all major highways and 3 minutes from EWR. Brand new roof in 2020. Fully loaded with solar panels that are owned along with a battery wall system to run independently from grid during power outages. 1st floor is approx 1400 sq foot garage zoned commercial. 2nd fl is a huge open concept apartment that can be converted to office space should owner decide to do so.

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Commercial Active

Price

$ 715,000

Bedrooms

Studio

Half Bath

2

Property Type

Commercial

Taxes

$ 3,310

Style

MixedUse

Lot Size

0.03

Year Built

2013

Town/City

Newark

County/Region

Essex

MLS | Web ID

3882789
Features
General
Construction Brick/Block
Heating 2 Units
Cooling 2 Units
Utilities Electric Gas-Natural
Possession Immediate
Roof Flat
Zoning Mixed Use
Year Built 2013
Township Newark City
Property Type Mixed Use MixedUse
Tax Year 2022
Percent Ownership Fee Simple
Location Business District
County Essex
Status Active
Directions broad street towards EWR. Make right off broad street to Wright street.
Total Units 2
Street Name Wright St
Tax Annual Amount 3310
Drive 1 Car Width
Leasable Area 1500
Days on Market 0
Standard Status Active
Tax Assessed Value 88600
Town # 1614
Tax Lot 32
Farm Assessment No
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Interior
Flooring Wood
Fuel Type Gas-Natural
Total Stories 2
Half Baths 2
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Exterior
Water Source Public Water
Exterior Description ConcBrd
Building Area Total 2800
Lot Dimensions 20X75
Lot Size Acres 0.03
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* Excluded Features
List By
EDWIN DEVIA

Listing Agent

Elite Realtors Of New Jersey

Broker

Affordability Calculator

$5,028
Per Month
95%
5%
0%
Monthly Principal & Interest
$4,752
Monthly Property Taxes
$276
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/24/2024$715,000 Listed Price

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116 Wright St, Newark, NJ, 07114 is a Commercial Property for sale at $715,000 with 3,000 sqft and a lot size of 0.03. 116 Wright St is a studio with 0.2 baths and was built in 2013. The property's zip code is 07114 which is in Newark, NJ

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