Description
Are you ready to own a corner building in the heart of Ironbound, Newark. This massive 3,350 sq ft historic mixed used building offers 8residential apartments and 2 big commercial spaces. The building layout includes ONE 1 Bedroom, THREE 2 Bedrooms, FOUR 3Bedrooms, 2 Commercial (Barbershop, and BIG Restaurant). Approximate current figures are: Gross $144,000 and NOI $82,787. And witha potential future Gross $175,200 and NOI $121,187 at market value and some improvements.
Location
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Courtesy of: Rutherford
