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31-43 Merchant St

42,000 SF 52% Leased Retail Building Newark, NJ 07105 $7,500,000 ($179/SF) 6% Cap Rate

Retail Space New Jersey Newark 31-43 Merchant St, Newark, NJ 07105

EXECUTIVE SUMMARY

this a very well located building. can develop. 10 blocks for Pennstation. 5 minutes to the Newark international aeroporto and Newark Port. solid Building all Brock.
ITS. GROUND LEVEL. SEVEN STORE FRONT.
2 FLOOR. 12 OFFICES
3 FLOOR OPEN FLOOR TO. BE FINISHED

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
42,000 SF
Building Class
C
Year Built
1950
Price
$7,500,000
Price Per SF
$179
Cap Rate
6%
NOI
$450,000
Percent Leased
52%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.84
Lot Size
0.34 AC
Zoning
I4
Frontage
141 FT on Merchant St
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Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Crown Bank
Santander
PNC Bank
Valley National Bank
Oceanfirst Bank
Flagstar
Key Food
Wells Fargo Bank
Chase Bank
Bank of America

PROPERTY TAXES

Parcel Number 14-01993-0000-00022 Improvements Assessment $2,085,000
Land Assessment $815,000 Total Assessment $2,900,000

PROPERTY TAXES

Parcel Number
14-01993-0000-00022
Land Assessment
$815,000
Improvements Assessment
$2,085,000
Total Assessment
$2,900,000
(646) 409-4644

CONTACT

  • Listing ID: 31620798

  • Date on Market: 4/26/2024

  • Last Updated:

  • Address: 31-43 Merchant St, Newark, NJ 07105

More public record information on 31-43 Merchant St, Newark, NJ 07105

The North Ironbound Retail Property at 31-43 Merchant St, Newark, NJ 07105 is currently available. Contact Exit Realty Lucky Associates, Inc. for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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31-43 Merchant St
(646) 409-4644 x

31-43 Merchant St

Edson Francisco

(646) 409-4644

(646) 409-4644

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