558 S 18Th St Newark, NJ $ 1,350,000
558 S 18Th St
$ 1,350,000
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558 S 18Th St

Newark, NJ, 07103
$ 1,350,000
Baths0.4 Sq 2,583

Monthly Estimate*

$ 9,430

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Studio

Commercial Property for sale in Newark, NJ

for $1,350,000 with 4 half baths. This 2,583 square foot building was built in 1930 on a lot size of 0.03.

Welcome to 558 S 18th St, being sold along with 286-290 16th Ave. Offering two exceptional properties offering a prime opportunity for both business and residential investment. 558 S 18th St offers a full, unfinished basement with a spacious commercial unit on the ground floor, a 2-bredroom 2-bathroom apartment on the 2nd floor, and a 2-bedroom 1-bathroom on the 3rd floor. Conveniently located on the corner of 18th St and 16th Ave, this property enjoys prime visibility and accessibility, attracting both clients to the commercial space and residents seeking convenience and connectivity. Whether you're an investor seeking a lucrative income property or a business owner looking to establish a presence in a thriving community, this property presents an unparalleled opportunity. Don't miss out on the chance to own this exceptional mixed-use property, schedule a showing today and unlock its full potential.

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Commercial Active

Price

$ 1,350,000

Bedrooms

Studio

Half Bath

4

Property Type

Commercial

Taxes

$ 9,096

Style

Store With Apartment

Lot Size

0.03

Year Built

1930

Town/City

Newark

County/Region

Essex

MLS | Web ID

3898230

Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 3 Units Floor/Wall Heater
Cooling No Cool
Utilities Electric Gas-Natural
Possession At Closing
Roof Asphalt Shingle
Zoning Commercial
Year Built 1930
Tenant Pays Electric Gas Heat Hot Water
Township Newark City
Property Type Store With Apartment Store With Apartment
Tax Year 2023
Percent Ownership Fee Simple
Location Corner
County Essex
Status Active
Directions Grove St. to 16th Ave.
Total Units 3
Street Name S 18Th St
Tax Annual Amount 9096
Drive None
Leasable Area 2583
Days on Market 12
Standard Status Active
Tax Assessed Value 244000
Town # 1614
Tax Lot 1
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Interior
Basement Bilco-Style Door Full Storage Unfinished
Flooring Tile Wood
Fuel Type Gas-Natural
Total Stories 3
Half Baths 4
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Exterior
Lot Features Corner
Water Source Public Water
Exterior Description Concrete
Building Area Total 2583
Lot Dimensions 1 184.83 Sq Ft
Lot Size Acres 0.03
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* Excluded Features
List By
RIYERBIN TINEO

Listing Agent

Lim Bances Realty

Broker

Affordability Calculator

$10,188
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,430
Monthly Property Taxes
$758
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
Pricing History
DatePricePrice ChangeDescription
4/25/2024$1,350,000 Listed Price

Map


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558 S 18Th St, Newark, NJ, 07103 is a Commercial Property for sale at $1,350,000 with 2,583 sqft and a lot size of 0.03. 558 S 18Th St is a studio with 0.4 baths and was built in 1930. The property's zip code is 07103 which is in Newark, NJ