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286-290 16th Ave Newark, NJ $ 1,350,000
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$ 1,350,000 Get more info
286-290 16th Ave
$ 1,350,000
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286-290 16th Ave

Newark, NJ, 07103
$ 1,350,000
Baths0.6 Sq 6,879

Monthly Estimate*

$ 9,430

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Studio

Commercial Property for sale in Newark, NJ

for $1,350,000 with 6 half baths. This 6,879 square foot building was built in 1930 on a lot size of 0.16.

Welcome to 286-290 16th Ave, being sold as a bundle along with 558 S 18th St. A unique and versatile commercial property offering an exciting opportunity for entrepreneurs and investors alike. 286-290 16th Ave offers 4 spacious and versatile commercial spaces, perfect for a wide range of businesses, as well as a dance hall, patio, and outdoor kitchen. Don't miss out on the chance to own this exceptional property, schedule a showing today and unlock its full potential.

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Commercial Active

Price

$ 1,350,000

Bedrooms

Studio

Half Bath

6

Property Type

Commercial

Taxes

$ 13,446

Style

Strip/Shopping Center

Lot Size

0.16

Year Built

1930

Town/City

Newark

County/Region

Essex

MLS | Web ID

3898223
Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 3 Units Floor/Wall Heater Forced Hot Air
Cooling 3 Units Central Air
Utilities Electric Gas-Natural
Possession At Closing
Roof Flat
Zoning Commercial
Garage Spaces 0
Year Built 1930
Township Newark City
Property Type Strip/Shopping Center Strip/Shopping Center
Tax Year 2023
Percent Ownership Fee Simple
Location See Remarks
County Essex
Status Active
Directions Grove St. to 16th Ave.
Total Units 4
Street Name 16th Ave
Tax Annual Amount 13446
Drive None
Leasable Area 6879
Days on Market 12
Standard Status Active
Tax Assessed Value 360700
Town # 1614
Tax Lot 4
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Interior
Basement Bilco-Style Door Full Storage Unfinished
Flooring Tile Wood
Fuel Type Gas-Natural
Total Stories 1
Half Baths 6
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Exterior
Lot Features Level Lot
Water Source Public Water
Exterior Description Brick/Block
Building Area Total 6879
Lot Dimensions 6 821.5
Lot Size Acres 0.16
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* Excluded Features
List By
RIYERBIN TINEO

Listing Agent

Lim Bances Realty

Broker

Affordability Calculator

$10,551
Per Month
89%
11%
0%
Monthly Principal & Interest
$9,430
Monthly Property Taxes
$1,121
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/25/2024$1,350,000 Listed Price

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286-290 16th Ave, Newark, NJ, 07103 is a Commercial Property for sale at $1,350,000 with 6,879 sqft and a lot size of 0.16. 286-290 16th Ave is a studio with 0.6 baths and was built in 1930. The property's zip code is 07103 which is in Newark, NJ

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