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- LoopNet Team
33 Dickerson St
Newark, NJ 07103
Industrial Property For Sale
PROPERTY FACTS
AMENITIES
- Fenced Lot
- Property Manager on Site
- Signage
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
ABOUT 33 DICKERSON ST , NEWARK, NJ 07103
Bulk Industrial Assemblage Sale ( 56-88 Hecker St & 73-58 Hudson St) MAJOR PORTION OF CITY SQ. BLOCK FOR SALE WITH UPSIDE! PROPERTY IS LOCATED IN THE CENTER OF THE NEWARK "URBAN ENTERPRISE RE-DEVELOPMENT ZONE" AND CLOSE TO DOWNTOWN NEWARK, I280 & BORDERED BY, DICKERSON, HECKER, HUDSON STREETS AND SUSSEX AVENUE, ONE BLOCK FROM CENTRAL AVE. HIGHLIGHTS: INCLUDES: ASSEMBLAGE OF +/-70,000 SQ. FT OF WAREHOUSE SPACE ON 1.1+ ACRE LOT GENERATES APPROXIMATELY $400,000 PER YEAR IN RENTAL REVENUE. THE IS TREMENDOUS UPSIDE VALUE TO RE-DEVELOP, STRONG CASH FLOW IN PLACE TO OFFSET REDEVELOPMENT APPROVAL AND DEVELOPMENT DOWN TIME. PROPERTY CAN ALSO BE DELIVERED VACANT. POSITIONED 3 BLOCKS FROM RUTGERS UNIVERSITY /MASS TRANSIT & EASY ACCESS TO NEWARK AIRPORT /PORT NEWARK & MAJOR HIGHWAYS. POTENTIAL USES: PROACTIVE CITY COUNCIL; WAREHOUSE/DISTRIBUTION CENTER, STUDENT HOUSING (3 BLOCKS FROM RUTGERS UNIV.35,000 STUDENTS) POTENTIAL FOR RESIDENTIAL HOUSING, MIXED USE COMMERCIAL,CHARTER SCHOOL, ETC.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $557,700 | |
| Land Assessment | $605,200 | Total Assessment | $1,162,900 |
PROPERTY TAXES
