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50-54 Sussex Ave
Newark, NJ 07103
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Building Size
11,080 SF
Building Class
C
Year Built
1900
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.25 AC
Zoning
Commercial
Frontage
100’ on Sussex
About 50-54 SUSSEX AVE , NEWARK, NJ 07103
The investment opportunity you have been looking for in the midst of University Heights redevelopment area in Newark. Neighboring Rutgers, NJIT, Essex County College, University Hospital this mixed use commercial property comes with a bonus single fam home with large parking lot. Totaling 14,320 sq ft. All brick 3 unit building presently being used as Auto Body Shop, Hair Salon and Martial Arts Dojo. Collecting $54,324 yearly from Hair Salon and Auto Body Shop(Martial Arts Dojo is owner operated and will be delivered vacant). Tons of potential with zoning.
Property Taxes
| Parcel Number | 14-02832-0000-00009 | Improvements Assessment | $0 |
| Land Assessment | $825,000 | Total Assessment | $825,000 |
Property Taxes
Parcel Number
14-02832-0000-00009
Land Assessment
$825,000
Improvements Assessment
$0
Total Assessment
$825,000
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