22-24 Ferry St | Newark, NJ 07105
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22-24 Ferry St
Newark, NJ 07105
Retail Property For Sale
Investment Highlights
- 100% occupied stabilized asset consisting of 4 residential units and 2 commercial tenants
- Directly across the street from the Peter Francisco Park
- Walking distance to the Prudential Center, a 20,000 seat arena
- Strategically situated less than 400 ft. from Newark Penn Station and the PATH Train
- Tremendous nightlife in the area including, Prudential Center, iconic restaurants, bars and markets
- Strong annual increases for commercial tenants
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,818 SF
Building Class
B
Year Built
1920
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.33
Lot Size
0.07 AC
Zoning
B-2, Newark City
Frontage
37’ on Ferry
Property Taxes
| Parcel Number | 14-00178-0000-00042 | Improvements Assessment | $361,200 |
| Land Assessment | $225,000 | Total Assessment | $586,200 |
Property Taxes
Parcel Number
14-00178-0000-00042
Land Assessment
$225,000
Improvements Assessment
$361,200
Total Assessment
$586,200
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