Active

746-758 SOUTH 4TH ST

Newark NJ, 07103

$11,995,000


Active

Commercial

100% occupied! 746-758 South 14th Street on Newark's West side is now being offered at $11,995,000 for purchase, $8.385M assumable loan at 4.98%. This 38,800 SqFt new construction 38 unit apartment complex consists of 3 stand alone buildings comprised of 1, 2 and 3 bedroom rental units. There are 30 free market units and 8 affordable units at 80% AMI. NOI $749,502 and Cap rate is 6%

240009647

MLS ID

May 21, 2024

Listed

September 27, 2024

Updated

Map

746-758 SOUTH 4TH ST
Newark NJ, 07103

Other Property Details

Area Name

Newark


Days on Market

122


Garage

No


View

No


County

Essex


Pool

No

Listing History

Date

Event

Price

8/12/2024

Price change

$11,995,000

-5%

Courtesy of COMPASS NEW JERSEY, LLC with WILLIAM PARKERSON,
Listing Contact: 551-212-3870 

The IDX display contains information sourced from the Realty Multiple Listing System, Inc. as of 9/27/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Realty Multiple Listing System, Inc. all rights reserved.

Data last updated on 9/27/2024 at 2:49 PM UTC

Powered byLuxury Presence