Price Reduction - New Construction
162-166 N 5Th St Newark City, NJ
$ 1,199,000
Property Attributes
  • ID#3675013
  • TypeCommercial
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • NeighborhoodNorth Newark
  • Zip07107
  • Style
  • Taxes676
  • Price$ 1,199,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms29
  • Lot Size2,614 SqFt
Listing Provided Courtesy Of:
Data Source:
Garden State MLS
Property Description

Vacant land with approvals to build 29 two bedroom apartments, elevator, ground level with 19 parking spaces all covered, lot facing two streets all unit market rate modern look design, near light rail station, included in the sale the construction drawings, engineering costs, structure all included, soil erosion costs, sidewalk bond paid, all that the buyer has to do is submit permits to the building department

Price History
10/28/2020 Listed $1,450,000
5/3/2021 18% - $1,199,000

General Features

Construction Brick/Block
Cooling Central Air
Drive Concrete
Garage Spaces 19
Heating Forced Hot Air
Num Apts 29
Prior Use Vacant lot approved for 29 two bedrooms apartments
Property Type See Remarks
Property Type See Remarks
Roof Rubberized
Sewer Public Sewer
Tax Annual Amount 676
Total Units 29
Town # 1614
Township Newark City
Utilities Gas-Natural
Zoning Mult Fam

Interior Features

Fuel Type Gas-Natural
Num 2 Bdrm Units 29
Num Units W/full Bath 29

Exterior Features

Building Area Total 44944
Exterior Description Brick/Block
Lot Dimensions Approx 20000SqFt
Max Ceiling Height 8
Total Parking 19
Water Source Public Water


  • 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 07107

AVG $590K
AVG $16,051
AVG 106
AVG 79
Data Provided by Walkscore ® not using MLS data

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