N/A, Newark, 07103

5+ Mixed Use For Sale

$14,400,000

Beds
Baths
Sqft
Built
MLS® #: 1826787
Active

DEVELOPER'S DREAM! PACKAGE SALE with 66-88 Hecker St. & 33-39 Dickerson St. Zoned for Mix Use in prime location: Major portion of city square block for sale with huge upside potential. Property is located in the center of The Urban Enterprise re-development zone., close to Downtown, Interstate 280, NJIT, Rutgers, and Newark International Airport. Highlights: +/- 100,000 square feet of warehouse space which generates high rental revenue. Tremendous upside value to re-develop. Versatile location near mass transit and easy access to the Airport and major highways- Strong cash flow in place to offset re-development approval and development down time. Property can also be delivered vacant. Potential uses: Dynamic investment opportunities, proactive city council- Almost any beneficial commercial applications! Warehouse/Distribution and potential for residential housing. Mixed Use commercial facility charter school. Seize the moment and own it! Great investment opportunity!

Essential Information

MLS® #: 1826787
Price: $14,400,000
Type: 5+ Mixed Use
Style: Other
Status: Active

Community Information

Address: N/A
City: Newark
County: ESSEX
State: NJ
Zip Code: 07103

Amenities

Features: O/See Rmrks

Exterior

Roof: O/See Rmrks
Construction: 1980's

Additional Information

Date Listed: June 26th, 2018
Property Taxes: $41,399

Listing Details

Listing Office: Liberty Realty, LLC

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RE/MAX Park Square

NJMLS LogoThe data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RE/MAX 1st Advantage are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 07/17/2019. Source: New Jersey Multiple Listing Service, Inc.

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Listing information last updated on July 17th, 2019 at 1:06am CDT.