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866 S Orange Ave Newark City, NJ $ 710,000
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$ 710,000 Get more info
866 S Orange Ave
$ 710,000
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New Construction
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866 S Orange Ave

Newark City, NJ, 07106
$ 710,000
Baths0.0 Sq 9,999

Monthly Estimate*

$ 4,719

866 S Orange Ave, Newark City, NJ 07106 - Image 1
866 S Orange Ave, Newark City, NJ 07106 - Image 2
866 S Orange Ave, Newark City, NJ 07106 - Image 3
866 S Orange Ave, Newark City, NJ 07106 - Image 4
Studio Commercial Property for sale in Newark City, NJ for $710,000. This 9,999 square foot building was built in 2024 on a lot size of 0.12.

To Be Built: Approved Plan with Resolution provided for a well designed 16 Units Mixed-Use Development totaling 16,028 SF across 4 Floors. The spectacular new development will feature 15 New Apartments and 1 Retail/Commercial Unit. The ground floor will house a Gym, Amenities Room, and a Commercial Retail Space. This new development is located in a prime area of Newark's fast-growing evolutionary and coveted landscape, well-positioned for major redevelopment now and into the near future. A new Central Planning Board application will be required for approval to build up to 26 Residential Units/8 Stories with the recently approved City of Newark Zoning Ordinance. Do not miss this opportunity to be a part of the City of Newark's revitalization with this new development project added to your Portfolio!

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Commercial Active

Price

$ 710,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 17,932

Style

MixedUse

Lot Size

0.12

Year Built

2024

Town/City

Newark City

County/Region

ESSEX

MLS | Web ID

3886493
Features
General
Sewer Public Sewer
Construction Brick/Block
Heating See Remarks
Cooling See Remarks
Utilities Electric Gas-Natural See Remarks
Possession At Closing
Roof See Remarks
Zoning C-2
Garage Spaces 0
Year Built 2024
Township Newark City
Property Type Apartment Complex Mixed Use Store With Apartment MixedUse
Tax Year 2022
Percent Ownership Fee Simple
Location See Remarks
County Essex
Subdivision Name West Ward
Status Active
Directions Hillcrest Terrace to South Orange Avenue
Total Units 2
Street Name S Orange Ave
Tax Annual Amount 17932
Drive On-Street Parking
Leasable Area 9999
Days on Market 66
Standard Status Active
Tax Assessed Value 480000
Town # 1614
Tax Lot 3 & 4
Farm Assessment No
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Interior
Flooring See Remarks
Fuel Type See Remarks
Total Stories 1
Half Baths 0
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Exterior
Water Source Public Water
Total Parking 0
Exterior Description Brick/Block
Building Area Total 9999
Lot Dimensions 51.5X104.2
Lot Size Acres 0.12
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* Excluded Features
List By
CLAUDIA ROBINSON

Listing Agent

Exodus Real Estate

Broker

Affordability Calculator

$6,213
Per Month
76%
24%
0%
Monthly Principal & Interest
$4,719
Monthly Property Taxes
$1,494
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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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/17/2024$710,000 Listed Price

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866 S Orange Ave, Newark City, NJ, 07106 is a Commercial Property for sale at $710,000 with 9,999 sqft and a lot size of 0.12. 866 S Orange Ave is a studio with 0.0 baths and was built in 2024. The property's zip code is 07106 which is in Newark City, NJ

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