Skip To Content
    Return to Previous Page

    128 Wilson Ave

    Newark City, NJ 07105
    • $1,249,000
    • STATUS: Active
    • ON SITE: 79 days
    • MLS #: 3646656
    UPDATED: 182 min ago
    $1,249,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,000
      SQFT
    • $156
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    Great Location in the Ironbound. Commercial property currently used as an office building. Four tenants occupying three floors, including the basement. Solid building in great condition. Opportunity to add additional floors up to maximize potential. Separate utilities with central air and heat. All tenants on 12 month Leases that auto renew Jan 1st unless 60 day notice is provided. Net operating income of $76,088

    Monthly Payment Calculator



    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lane Team | Compass New Jersey LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Lane Team | Compass New Jersey LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-09-26T14:46:38.06.
    www.laneteam.com/homes/107644476
    Print Image

    128 Wilson Ave Newark City, NJ 07105

    • Price: $1,249,000
    • Status: Active
    • Updated: 182 min ago
    • MLS #: 3646656
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    8,000
    SQFT
    $156
    $/SQFT
    Neighborhood:
    Ironbound
    County:
    Essex
    Area:
    Newark City
    Property Description
    Great Location in the Ironbound. Commercial property currently used as an office building. Four tenants occupying three floors, including the basement. Solid building in great condition. Opportunity to add additional floors up to maximize potential. Separate utilities with central air and heat. All tenants on 12 month Leases that auto renew Jan 1st unless 60 day notice is provided. Net operating income of $76,088
    Exterior Features

    Approximate Lot Size 30X98.7 Available Parking Spaces 0 Construction Brick/Block Exterior Description Concrete Location Business DistrictResidential Area Number Of Bays 0 Number Of Docks 0 Parking Driveway Description On-Street Parking Roof Description Flat

    Interior Features

    Basement Yes Basement Description FinishedFullWalkout Cooling 4 Units Equipment Available Fire AlarmIntercomSign - BuildingSmoke DetectorSprinkler System Floors CarpetingTileVinyl-Linoleum Heating 4 Units Max Ceiling Height 0 Max Door Height 0 Number Of Doors 0 Number Of Lavatories 6 Office Sq Ft 0

    Property Features

    Expenses Include ElectricityInsuranceMaintenance - ExteriorMaintenance - InteriorSnow RemovalTaxesTrashWater/Sewer For Sale Or Lease For Sale Fuel Type Gas-Natural Gross Operating Income 102600 Net Operating Income 76088 Primary Property Type Office Building Complex Property Type Office Building Complex Sale Includes Building & Land Sewer Public Sewer Suite Number 1 Tax Amount 19715 Tax Rate Amount 3.761 Tax Rate Year 2019 Tax Year 2019 Total Operating Expense 26512 Utilities ElectricGas In Street Utilities Paid By Tenant Water Public Water Year Built Description Unknown Zoning Commercial

    Listing information © 2020 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Exit Realty Lucky Associates.


    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lane Team | Compass New Jersey LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Lane Team | Compass New Jersey LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-09-26T14:46:38.06.
     
    Logo
    The Lane Team | Compass New Jersey LLC
    28 Valley Road
    Upper Montclair NJ, 07052