This Multifamily Property is Off-Market.

181 Woodside Ave.
Newark, NJ 07104 ·

14 Units · Multifamily For Sale

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Woodside Avenue Apts.

Price N/A Property Use Type Investment
No. Units 14 Cap Rate 9.17%
Building Size 9,600 SF Gross Rent Multiplier 6.66
Property Type Multifamily Occupancy 100%
Property Sub-type Garden/Low-Rise Lot Size 3,400 SF
Listing ID: 16385623 Date Created: 09/08/2009 Last Updated: 12/15/2009

Description

The subject investment property is a three story stucco apartment building containing fourteen units. The asset has an attractive unit mix of two 1 bedrooms, six 2 bedrooms, and six 3 bedroom apartments. At present, some tenants are responsible for their individual heat as well.

The building is located in the desirable Forest Hills Section of North Newark. This quiet residential neighborhood allows for easy access to Belleville, Bloomfield, and Broad Street via the Mount Prospect corridor.

Research

181 Woodside Ave., Newark, NJ 07104 (Essex County)

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