1-7 Lehigh Ave | Newark, NJ 07112
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- LoopNet Team
1-7 Lehigh Ave
Newark, NJ 07112
Multifamily Property For Sale
·
48 Units
Investment Highlights
- Value-add with tremendous upside potential
- Long term owner
- Tenants pay own electric and stove gas
- Prime location
- Elevator building
- Landlord pays heat and hot water
Property Facts
| No. Units | 48 | Lot Size | 0.30 AC |
| Property Type | Multifamily | Building Size | 52,892 SF |
| Property Subtype | Apartment | No. Stories | 6 |
| Apartment Style | Mid-Rise | Year Built | 1960 |
| Building Class | C |
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 52,892 SF |
| No. Stories | 6 |
| Year Built | 1960 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Wi-Fi
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walking/Biking Trails
- Smoke Detector
Property Taxes
| Parcel Number | 14-03643-0000-00001 | Improvements Assessment | $1,040,000 |
| Land Assessment | $960,000 | Total Assessment | $2,000,000 |
Property Taxes
Parcel Number
14-03643-0000-00001
Land Assessment
$960,000
Improvements Assessment
$1,040,000
Total Assessment
$2,000,000
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