Listing photo for 198-206 Sussex, Newark City, NJ

198-206 Sussex,

Newark City, NJ $14,400,000

$14,400,000

0.28 Acre

Great investment opportunity! PACKAGE SALE with 66-88 Hecker St. & 33-39 Dickerson St. 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 sq.ft. of warehouse space which generates high rental revenue. Tremendous upside value to re-develop. Strong cash flow in place to offset re-development approval and development down time. Seize the moment and own it! Great investment opportunity!

Facts & Features
MLS® # 3482571
Price $14,400,000
Acres 0.28
Year Built 1980
Type Commercial
Status Active
Community Information
Address 198-206 Sussex
City Newark City
County Essex
State NJ
Zip Code 07103-2806
Amenities
Utilities See Remarks
Parking On-Street Parking, See Remarks
Interior
Heating None
Has Basement No
Exterior
Exterior Brick
Roof Flat
Additional Information
Date Listed June 25th, 2018
Days on Market 269
Listing Details
Office LIBERTY REALTY, LLC.
Photo of Jon Cubukcu

Jon Cubukcu

Office: 973-218-9000
Cell: 973-277-4825

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Listing information last updated on June 3rd, 2020 at 8:33am EDT.

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