$11,995,000
Active
36 Days Online
0 Beds66 Baths38,800 SQFT
Active
746 South 14th Street Newark City, 07103
100% occupied! Calling all Investors! $8.5M assumable loan at 4.98%, 746 S 14th Street located on Newark's West side is now being offered at $11, 995, 000 for purchase. This new construction 38 unit apartment complex consists of 3 stand alone buildings comprised of 1, 2 and 3 bedroom units. The building has 8 affordable units at 80% AMI. Completed in 2024, the complex offers 26 Parking Spots and sits on .68 Acres. The property has a 30 year tax pilot at fixed 10% and a 30 year rent control waiver. Cap rate is 6% and NOI $744, 106.
- Property TypeCondo
- NeighborhoodN/A
- CountyEssex
- Taxes$92,727
- HOA/Condo/Coop Fees$0
- Days on Site36 Days
- MLS StatusActive
- MLS ID Number3904082
- Home Size Source N/A
- Year Built2023
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 746 South 14th Street Newark City, 07103
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General Features
- Construction See Remarks
- Parking Parking Lot- Exclusive
- Parking Spaces 28
- Sewer Public Sewer
- Basement Unfinished
- Number of Stories 3
- Water Public
- Property Sub Type Apartment
- Zoning Commercial
Interior Features
- Cooling Central Air
- Heating Heat Source: ElectricHeating Type: Forced Hot Air
Exterior Features
- Roof Flat
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Monthly Payment (Est.)
$58,089Copyright ©2024 Information is deemed reliable but not guaranteed.