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- LoopNet Team
233 Littleton Ave
Newark, NJ 07103
MF/Retail Investment Opportunity · Multifamily Property For Sale
·
12 Units
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.07 AC |
| Property Type | Multifamily | Building Size | 12,700 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1950/2022 |
| Building Class | C | ||
| Zoning | R3 - Residential | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 12,700 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1950/2022 |
| Zoning | R3 - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
SITE AMENITIES
- 24 Hour Access
ABOUT 233 LITTLETON AVE , NEWARK, NJ 07103
15-unit mixed use property situated at the corner of Littleton Avenue and South Orange Avenue in Newark, New Jersey. The property includes 12 rental apartments as well as three retails suites on the ground level with most apartments having been renovated. The purchase of this asset presents a new owner with a tremendous opportunity to acquire a renovated property with high occupancy in one of Newark’s rapidly gentrifying corridors. The property is situated just blocks from University Hospital and the University Heights section of Newark. An investor will have the ability acquire a turn-key asset with an assumable mortgage at a 4.75% interest rate and over six years of term remaining.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $881,100 | |
| Land Assessment | $115,800 | Total Assessment | $996,900 |
PROPERTY TAXES
