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

198-206 Sussex,

Newark City, NJ $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
Utilities See Remarks
Parking On-Street Parking, See Remarks
Heating None
Has Basement No
Exterior Brick
Roof Flat
Additional Information
Date Listed June 25th, 2018
Days on Market 269
Listing Details
Photo of Jon Cubukcu

Jon Cubukcu

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

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Copyright © 2020 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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

What's Your Home Worth? Find out now, for Free.

Let's Go