Address
66-88 Hecker St Newark, NJ
Price
$ 14,400,000
Property Attributes
- MLS#180012406
- TypeInvestment
- CountyESSEX
- CityNewark
- AreaNewark
- Zip07103
- Style
- Price$ 14,400,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Listing Provided Courtesy Of:
LIBERTY REALTY LLC - 201-222-2900
Property Description
DEVELOPER'S DREAM. PACKAGE SALE: 198-206 Sussex St., 66-88 Hecker St. & 33-39 Dickerson St. Total price of package is $14,400,000. 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 History | |
|---|---|
| 6/29/2018 | Listed $14,400,000 |
General Features
| Class | CI INVESTMENT - SALE ONLY |
|---|---|
| Listing Area | Newark |
| Status | ACTIVE |
| Status | Active |
| Type | Investment |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 07103
Price
Visits
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