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155 Parker St
Newark, NJ 07104
Multifamily Property For Sale
·
4 Units
EXECUTIVE SUMMARY
2 lots in downtown Newark, measuring 8,000 square feet in total. All brick building with an 8 car garage and 10 parking spaces. Rents currently below market, opportunity for upside. Can also be redeveloped, 20 unit building is being built down the street on similar sized lot.
PROPERTY FACTS
| Price Per Unit | $415,473 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Sale Condition | Redevelopment Project | Building Size | 3,476 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1922 |
| Apartment Style | Low-Rise | Parking Ratio | 5.18/1,000 SF |
| Zoning | R-2 - 1-2 family | ||
| Price Per Unit | $415,473 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 3,476 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1922 |
| Parking Ratio | 5.18/1,000 SF |
| Zoning | R-2 - 1-2 family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
SITE AMENITIES
- Tenant Controlled HVAC
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