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212 Ferry St
Newark, NJ 07105
Multifamily Property For Sale
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4 Units

Executive Summary
LOCATION ! LOCATION ! LOCATION ! Short distance to Penn Station, Newark. 5 Corners, best corner in the Ironbound.
Amazing glass window front store, around 1700 sf. There are 2 apartments in the top of the store, full finished basement with full bathroom.
Amazing glass window front store, around 1700 sf. There are 2 apartments in the top of the store, full finished basement with full bathroom.
Property Facts
| Price Per Unit | $549,932 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 4.06% | Lot Size | 0.06 AC |
| Sale Condition | Lease Option | Building Size | 6,000 SF |
| No. Units | 4 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | ||
| Zoning | Commercial - Retail and Residential | ||
| Price Per Unit | $549,932 CAD |
| Sale Type | Investment |
| Cap Rate | 4.06% |
| Sale Condition | Lease Option |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 6,000 SF |
| No. Stories | 3 |
| Year Built | 1950 |
| Zoning | Commercial - Retail and Residential |
Amenities
Site Amenities
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | - |
Property Taxes
| Parcel Number | 14-01993-0000-00024 | Improvements Assessment | $327,759 CAD |
| Land Assessment | $257,781 CAD | Total Assessment | $585,540 CAD |
Property Taxes
Parcel Number
14-01993-0000-00024
Land Assessment
$257,781 CAD
Improvements Assessment
$327,759 CAD
Total Assessment
$585,540 CAD
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