296-298 Park Ave Newark City, NJ $ 1,500,000
296-298 Park Ave
$ 1,500,000
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296-298 Park Ave

Newark City, NJ, 07107
$ 1,500,000
Baths0.8

Monthly Estimate*

$ 9,969

296-298 Park Ave, Newark City, NJ 07107 - Image 1
Studio Commercial Property for sale in Newark City, NJ for $1,500,000 with 8 half baths. This building was built in 1947.

8 Unit building with 3 Bedrooms per apartment all separate utilities, month to month leases, Owner will hold mortgage. Sold as package deal with 294 Park Ave

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Commercial Pending

Price

$ 1,500,000

Bedrooms

Studio

Half Bath

8

Property Type

Commercial

Taxes

$ 17,758

Style

Apartment Complex

Year Built

1947

Town/City

Newark City

County/Region

ESSEX

MLS | Web ID

3881175

Features
General
Construction Brick/Block
Heating Baseboard - Hotwater
Cooling Window A/C(s)
Utilities Gas-Natural
Possession At Closing
Roof Asphalt Shingle
Zoning Residential
Year Built 1947
Township Newark City
Property Type Apartment Complex Apartment Complex
Tax Year 2022
Percent Ownership Fee Simple
Location Residential Area
County Essex
Status Under Contract
Directions Roseville Ave to Park Ave
Total Units 8
Street Name Park Ave
Tax Annual Amount 17758
Drive None
Leasable Area 0
Days on Market 36
Standard Status Under Contract
Tax Assessed Value 0
Town # 1614
Tax Lot 00082
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Interior
Basement Partial
Total Stories 0
Half Baths 8
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Exterior
Water Source Public Water
Exterior Description Brick/Block
Building Area Total 0
Lot Dimensions 48.6X106
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* Excluded Features
List By
MARIO SECA

Listing Agent

Coldwell Banker Realty

Broker

Affordability Calculator

$11,449
Per Month
87%
13%
0%
Monthly Principal & Interest
$9,969
Monthly Property Taxes
$1,480
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!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/12/2024$1,500,000 Listed Price

Map


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296-298 Park Ave, Newark City, NJ, 07107 is a Commercial Property for sale at $1,500,000. 296-298 Park Ave is a studio with 0.8 baths and was built in 1947. The property's zip code is 07107 which is in Newark City, NJ