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168 Emmet St 19 Unit Apartment Building For Sale Newark, NJ 07114
Investment Highlights
- Newly constructed apartment building for sale.
- Located near Newark Penn Station.
- Located near Newark Airport.
- Located in the desirable Ironbound section.
- Located near public transportation.
- Located near major highways.
Executive Summary
Newly constructed apartment building for sale. Located in the desirable Ironbound section near Newark Penn Station, public transportation, Newark Airport and major highways. Building consists of 19 apartments - four 1-bedroom apartments (±548 SF); fourteen 2-bedroom apartments (±881-896 SF); one large 2-bedroom apartment with private balcony (±1,213 SF) and 14 parking spaces.
Property Facts
| Sale Type | Investment | Lot Size | 0.17 AC |
| No. Units | 19 | Building Size | 15,869 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 2024 |
| Apartment Style | Mid-Rise | Parking Ratio | 1.01/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Sale Type | Investment |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 15,869 SF |
| No. Stories | 5 |
| Year Built | 2024 |
| Parking Ratio | 1.01/1,000 SF |
| Opportunity Zone |
Yes |
Amenities
Site Amenities
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 548 |
| 2+2 | 15 | - | 881 - 896 |
1 1
Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 14-01181-0000-00051 | Improvements Assessment | $3,213,687 CAD |
| Land Assessment | $526,380 CAD | Total Assessment | $3,740,067 CAD |
Property Taxes
Parcel Number
14-01181-0000-00051
Land Assessment
$526,380 CAD
Improvements Assessment
$3,213,687 CAD
Total Assessment
$3,740,067 CAD
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168 Emmet St
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