422 S 6Th St Newark, NJ $ 995,000
422 S 6Th St
$ 995,000
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422 S 6Th St

Newark, NJ, 07103
$ 995,000
Baths0.2 Sq 6,403

Monthly Estimate*

$ 6,613

422 S 6Th St, Newark, NJ 07103 - Image 1
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Studio

Commercial Property for sale in Newark, NJ

for $995,000 with 2 half baths. This 6,403 square foot building was built on a lot size of 0.15.

GREAT BUILDING! Calling all investors and developers with strategic income production goals. This real estate offers the potential for multiple business opportunities, warehouse space, event space, daycare, large recreation center, medi-spa, medical offices, luxury apartments, senior living, office workspaces, and more. Bring your entrepreneurial mindset and leverage this wealth-enhancing property. Finished basement and a large on-site parking lot, which can be used for any purpose. Located in the redevelopment zone of Newark, near downtown and colleges. Easy transportation.

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Commercial Pending

Price

$ 995,000

Bedrooms

Studio

Half Bath

2

Property Type

Commercial

Taxes

$ 19,610

Style

Lot Size

0.15

Town/City

Newark

County/Region

Essex

MLS | Web ID

3854939

Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 1 Unit
Cooling Wall A/C Unit(s)
Utilities Gas-Natural See Remarks
Possession CLOSING
Roof See Remarks
Zoning -
Garage Spaces 40
Year Built 9999
Township Newark City
Property Type See Remarks See Remarks
Tax Year 2022
Percent Ownership Fee Simple
Location Residential Area
County Essex
Status Under Contract
Directions Springfield Ave to South 6th
Total Units 1
Street Name S 6Th St
Tax Annual Amount 19610
Drive Blacktop Fencing Off-Street Parking See Remarks
Leasable Area 6403
Days on Market 273
Standard Status Under Contract
Tax Assessed Value 524900
Town # 1614
Tax Lot 10
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Interior
Basement Finished
Fuel Type Gas-Natural
Total Stories 1
Half Baths 2
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Exterior
Water Source Public Water
Exterior Description Brick/Block See Remarks
Building Area Total 6403
Lot Dimensions 71.8X89.3
Lot Size Acres 0.15
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* Excluded Features
List By
JOSEPH BURGOS

Listing Agent

Burgos Realty Company

Broker

Affordability Calculator

$8,247
Per Month
80%
20%
0%
Monthly Principal & Interest
$6,613
Monthly Property Taxes
$1,634
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
Pricing History
DatePricePrice ChangeDescription
3/6/2024$995,000 -17.08% Price Down
7/18/2023$1,200,000 Listed Price

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422 S 6Th St, Newark, NJ, 07103 is a Commercial Property for sale at $995,000 with 6,403 sqft and a lot size of 0.15. 422 S 6Th St is a studio with 0.2 baths. The property's zip code is 07103 which is in Newark, NJ