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198-206 Sussex Ave, Newark, NJ 07103
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DEVELOPER'S DREAM. PACKAGE SALE with 66-88 Hecker St. & 33-39 Dickerson St. Zoned for Mix Use in prime location: Major portion of city square block for sale with huge upside potential. Property is located in the center of The Urban Enterprise re-development zone., close to Downtown, Interstate 280, NJIT, Rutgers, and Newark International Airport. Highlights: +/- 100,000 square feet of warehouse space which generates high rental revenue. Tremendous upside value to re-develop. Versatile location near mass transit and easy access to the Airport and major highways- Strong cash flow in place to offset re-development approval and development down time. Property can also be delivered vacant. Potential uses: Dynamic investment opportunities, proactive city council- Almost any beneficial commercial applications! Warehouse/Distribution and potential for residential housing. Mixed Use commercial facility charter school. Seize the moment and own it! Great investment opportunity!
  • Price:
  • $14,400,000
  • Listing ID #:
  • 180012113
  • Street Address:
  • 198-206 Sussex Ave
  • City:
  • Newark
  • State:
  • New Jersey
  • Postal Code:
  • 07103
  • County:
  • Essex
  • Community:
  • Newark
  • Listing Status:
  • Active
  • Lot Features:
  • 00001
  • Days On Market:
  • 393
  • For Sale Or Lease?:
  • For Sale
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing provided by Liberty Realty LLC

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