116-122 Magazine St

Newark City, NJ
$ 1,799,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Approved to build 24 residential units with 24 parkingGreat location in the Ironbound. Approved plans available. Construction drawings not included. Ground floor includes a lobby, elevator and staircase to upper floors and a 24 space covered garage. The upper floor contain 8 residential units each. Each floor has three 2 bed units and 5 large 1 bed units.

Commercial

  • Price
  • $ 1,799,000
  • Lot Size
  • 2,614 SqFt
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 24
  • City, Zip
  • Newark City
  • Taxes
  • 3779
  • County
  • ESSEX
  • Style
  • Apartment Complex
  • Area
  • Newark City
  • MLS#
  • 3624046
  • Zip
  • 07105
Listing Provided by: EXIT REALTY LUCKY ASSOCIATES

Features

General

Construction See Remarks
Cooling See Remarks
Drive Off-Street Parking, Parking Lot-Exclusive
Garage Spaces 24
Heating See Remarks
Num Apts 24
Roof Flat
Sewer Public Sewer
Tax Annual Amount 3779
Total Units 24
Town # 1614
Township Newark City
Utilities Electric, Gas In Street
Zoning R3

Interior Features

Fuel Type Electric, Gas-Natural
Num 1 Bdrm Units 15
Num 2 Bdrm Units 9
Num Units W/full Bath 24

Exterior Features

Building Area Total 35070
Exterior Description See Remarks
Lot Dimensions 100x100
Water Source Public Water

Amenities

  • 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

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Hillsborough, NJ office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% 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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/16/2020 Listed $1,799,000

Property vs Zip Code Average in 07105

Price
AVG $860K
$1.8M
Taxes
AVG $30,226
$3,779
Visits
AVG 127
142
Walkscore
AVG 88
83
Data Provided by Walkscore ® not using MLS data

Map

116-122 Magazine St Newark City, NJ is a Single Family Home for sale at $1799000 and a lot size of 2,614 SqFt Acre(s). 116-122 Magazine St Newark City has 0 bedrooms, 0 baths . The property's zip code is 07105 which is in Newark City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.