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121-125 Elizabeth Ave
Newark, NJ 07108
Alpine Apartments · Multifamily Property For Sale · 17 Units

INVESTMENT HIGHLIGHTS

  • PRICE REDUCTION
  • Owner maintains property in great condition
  • Property is located on a high traffic area with great car and foot traffic, also with great visibility
  • Property is currently fully occupied
  • Owner has recently renovated 85% of the apartments with new wood floors, fresh painted walls, new kitchen countertops, as well as appliances
  • Surrounded by local and national retailers | Strong northern New Jersey demographics

PROPERTY FACTS

No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.17 AC
Building Size 23,011 SF
Average Occupancy 100%
No. Stories 3
Year Built 1940
Zoning N/Av, Newark - Mix Use

AMENITIES

SITE AMENITIES

  • Public Transportation

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-02697-0000-00004
Land Assessment
$167,200
Improvements Assessment
$1,293,200
Total Assessment
$1,460,400
  • Listing ID: 21985139

  • Date on Market: 1/15/2021

  • Last Updated:

  • Address: 121-125 Elizabeth Ave, Newark, NJ 07108

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