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57 Halsey St 4,000 SF Vacant Retail Building Newark, NJ 07102 $1,500,000 ($375/SF)
Investment Highlights
- 1 commercial & 4 apartments
- Retail corridor with high foot traffic
- Delivered mostly vacant
- Directly across from Hahne’s Building (Whole Foods) & Prudential
- 1 block from Rutgers Newark / NJIT & 6 blocks from Newark Penn Station
- Large finished basement & backyard
Executive Summary
• 5-unit mixed use building
• 1 commercial & 4 apartments
• Directly across from Hahne’s Building & Prudential
• Retail corridor with high foot traffic
• 1 block from Rutgers Newark / NJIT & 6 blocks from Newark Penn Station
• Delivered mostly vacant
• Large finished basement & backyard
• 1 commercial & 4 apartments
• Directly across from Hahne’s Building & Prudential
• Retail corridor with high foot traffic
• 1 block from Rutgers Newark / NJIT & 6 blocks from Newark Penn Station
• Delivered mostly vacant
• Large finished basement & backyard
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
C
Year Built
1890
Price
$1,500,000
Price Per SF
$375
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.54
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
RDV
Frontage
27’ on Halsey St
Amenities
- Signage
- PATH
- Air Conditioning
Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-00019-0000-00012 | Improvements Assessment | $52,600 |
| Land Assessment | $232,200 | Total Assessment | $284,800 |
Property Taxes
Parcel Number
14-00019-0000-00012
Land Assessment
$232,200
Improvements Assessment
$52,600
Total Assessment
$284,800
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57 Halsey St
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