166 Emmet Newark City, 07114
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PACKAGE DEAL: Brand New Building is being sold with 529-531 Mulberry St., Newark NJ 07114 for the price of $14, 000, 000 for total 35 units. Introducing a rare investment opportunity in the desirable Ironbound Section of Newark were the going rates for apartments are $2600-$3200 monthly. This beautiful building is being finished with 4 floors of apartments consisting of 19 custom designed units, (14 two-bedrm 2 bath units; 1 two bedrm 2 bath unit w/ private terrace & 4 one-bedrm units). Building has elevator, laundry facilities on each level, terrace with view to NYC, public bathroom, 14 Garage enclosed parking spaces that provide additional income. Each unit includes fire rated entry doors with advanced technological door handles, prewired Fiber Optics, custom built kitchens w/ stainless steel appliances (Microwave, Refrigerator, dishwasher, & gas stove), quartz countertops, island/peninsula, large sound proof windows, intercom system, Central Air & Forced Hot Air and tons of closet space. There are apartments facing NYC with the view of the NYC SkyLine, & terrace apt is facing NYC. Located near PATH, Train & Bus Station, Newark Airport, major highways, & Universities all within the same city. All financials please see attached documents.
- Property TypeCondo
- NeighborhoodN/A
- CountyEssex
- Taxes$11,068
- HOA/Condo/Coop Fees$0
- Days on Site50 Days
- MLS StatusActive
- MLS ID Number3906266
- Home Size Source N/A
- Year Built2024
- Lot Size0.17 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking AssignedSee Remarks
- Sewer Public Sewer
- Number of Stories 5
- Acreage 0.17
- Water Public
- Property Sub Type Apartment
- Zoning Apartments
Interior Features
- Cooling 4+ UnitsCentral Air
- Heating Heat Source: Gas- NaturalHeating Type: 4+ Units
- Flooring Laminate
Exterior Features
- Roof Flat
- Lot Level LotSkyline View