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$14,000,000
26 Days Online

166 Emmet
Newark City, NJ 07114

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
15,869
SqFt
$882
/SqFt
2024
Built
County:
Essex

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(201) 509-2032
166 Emmet166 Emmet
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PACKAGE DEAL: Brand New Building is being sold with 529-531 Mulberry St., Newark NJ 07114 for the price of $14,000,000 for total 35 units. Introducing a rare investment opportunity in the desirable Ironbound Section of Newark were the going rates for apartments are $2600-$3200 monthly. This beautiful building is being finished with 4 floors of apartments consisting of 19 custom designed units, (14 two-bedrm 2 bath units; 1 two bedrm 2 bath unit w/ private terrace & 4 one-bedrm units). Building has elevator, laundry facilities on each level, terrace with view to NYC, public bathroom,14 Garage enclosed parking spaces that provide additional income. Each unit includes fire rated entry doors with advanced technological door handles, prewired Fiber Optics, custom built kitchens w/ stainless steel appliances (Microwave, Refrigerator, dishwasher,& gas stove), quartz countertops, island/peninsula, large sound proof windows, intercom system, Central Air & Forced Hot Air and tons of closet space. There are apartments facing NYC with the view of the NYC SkyLine, & terrace apt is facing NYC. Located near PATH, Train & Bus Station, Newark Airport, major highways, & Universities all within the same city. All financials please see attached documents.

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Listing Snapshot
Price 
$14,000,000
Days Online 
26 Days
Bedrooms 
N/A
Inside Area (SqFt) 
15,869 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
2024
MLS® Number 
3906266
Status 
Active
Property Tax 
$11,068
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing first seen online
4 months agoListing updated with changes from the MLS®
General Features
Acres 
0.17
Number Of Stories 
5
Property Condition 
Under Construction
Property Sub Type 
Multi Family
Security 
Security SystemSmoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
15869
Utilities 
Natural Gas Available
Water Source 
Public
Zoning 
Apartments
Interior Features
Cooling 
Central Air
Flooring 
Laminate
Heating 
Natural Gas
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Exterior Features
Construction Details 
Brick
Lot Features 
Level
Community Features
Accessibility Features 
Accessible Entrance
Listing courtesy of RE/MAX LIFETIME REALTORS 9734545420

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being 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. Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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