$495,000 - Price Reduction

$495,000 112 Elm St Newark City, NJ

MLS: 3258275   Type: Commercial   County: Essex   City: Newark City   Zip: 07105   Style: Store With Apartment     Stories: 3   Taxes: $8,053

Mortgage $2,324 /mo



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Not a short sale mixed use building with dry cleaners business included ,1st floor with basement owner operated dry cleaners with $100,000 gross income 2nd floor 2 bed apartment rented for $1,100 3rd floor studio apt with 1 bath rented for $550.owner pays electric and gas . Store with basement for office and utility room. separate utilities except top floor store with central air not a short sale to be sold in "as is "conditions

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Price History

10/7/2015 Listed $530,000
10/8/2016 7% - $495,000

Construction Wood
Num Apts 2
Tax Annual Amount 8053
Total Units 3
Township Newark City
Utilities Gas In Street
Zoning Mix-use

Interior Features

Basement Finished, Full
Cooling Central Air, Window A/C(s)
Flooring Carpeting, Tile
Fuel Type Gas-Natural
Heating 3 Units, Baseboard - Hotwater
Num 1 Bdrm Units 1
Num 2 Bdrm Units 1
Num Units W/full Bath 2

Exterior Features

Building Area Total 1200
Exterior Description Vinyl Siding
Garage Spaces 0
Lot Dimensions 25X95
Max Ceiling Height 9
Max Door Height 0
Number Of Bays 0
Number Of Docks 0
Number Of Doors 0
Parking Total 0
Parking/driveway Description None
Roof Rubberized, Flat
Sewer Public Sewer
Water Source Public Water

Property Schools

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Property vs Zip Code Avg (07105)

Price 495K Avg 739K

Sqr Feet 1,200 Avg 3,888

Cost / Sqr Ft $413 Avg $190

Taxes $8,053 Avg $15,524

Acres 0.05 Avg 0.18

Visits 107 Avg 21

Days on Site 867 Avg 172

Walkscore® 96 Avg 87

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Listing Provided Courtesy Of: EXIT REALTY LUCKY ASSOCIATES

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Location & Address

eXp Realty New Jersey North - Office Number: 862-208-2287
28 Valley Rd Ste 1
Montclair, NJ