Active

166-170 Emmet Street

Newark NJ, 07114

$11,500,000


Active

34 Beds

Multi-family

Listed by Dyana Liborio with RE/MAX Lifetime Realtors 9734545420

PACKAGE DEAL:New Building sold with 529 Mulberry St., Newark NJ 07114 for the price of $14,000,000 total 35 units. A rare investment opportunity in the desirable Ironbound Section of Newark where the going rates for apartments are $2600 to$3200 monthly. This beautiful building is being finished with 4 fls of apartments w/ 19 custom designed units, (14 2bdrm 2bth units; 1 2bdrm 2bth unit w/ terrace & 4 1bdrm units). Building has elevator, laundry on each level, terrace with view to NYC, public bathroom,14 Garage parking spaces. Each unit has advanced tech door handles, prewired Fiber Optics, custom built kitchens w/ SS appliances (Microwave, Refrigerator, dishwasher,& gas stove), quartz countertops, island/peninsula, large sound proof windows, intercom system, Central Air & Forced Hot Air, & closet space. There are apartments facing NYC. Located near PATH, Train & Bus Station, Newark Airport, major highways, & Universities all within the same city.

24019822

MLS ID

June 20, 2024

Listed

December 17, 2024

Updated

Map

166-170 Emmet Street
Newark NJ, 07114

Interior Features

Total Stories

5


Bedrooms

34


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Architectual Style

5+Family

Other Property Details

Taxes

$11,092


Tax Frequency

Annually


Garage

No


Parking Total

14


View

No


County

ESSEX


Water Source

Public


Pool

No

Listing History

Date

Event

Price

10/11/2024

Price change

$11,500,000

-18%

The 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 Sotheby's Prominent Properties 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:  12/17/2024 

Source:  New Jersey Multiple Listing Service, Inc.

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