73-75 Ferry St | Newark, NJ 07105
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- LoopNet Team
73-75 Ferry St
Newark, NJ 07105
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime Location on Ferry St. - Situated in the heart of Newark’s bustling commercial area, offering excellent visibility and foot traffic.
- High Demand Area - Located in one of Newark’s most sought-after districts, attracting both tenants and customers alike.
- Modern Infrastructure - Well-maintained building with facilities that appeal to a wide range of tenants and investors.
- Mixed-Use Investment - Comprises 4 commercial spaces and 8 residential apartments, providing diversified income streams.
- Income Potential - Offers robust cash flow possibilities with commercial leases and residential rentals.
- Vibrant Community - Part of Newark’s thriving urban landscape, surrounded by shops, restaurants, and easy transportation access.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Shopfront Retail / Office
Property Size
10,500 sq ft
Costar Property Class
C
Year Built
1976
Tenancy
Multiple
Number of Floors
3
Plot ratio
1.85
Total Plot Size
0.13 ac
Use Class
Commercial - Commercial
Parking
10 Spaces (0.95 Spaces per 1,000 sq ft Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 14-00186-0000-00002 | Improvements Assessment | £386,833 |
| Land Assessment | £316,500 | Total Assessment | £703,333 |
PROPERTY TAXES
Parcel Number
14-00186-0000-00002
Land Assessment
£316,500
Improvements Assessment
£386,833
Total Assessment
£703,333
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