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95 16th Ave
Newark, NJ 07103
Retail Property For Sale
Investment Highlights
- 95 16th Avenue presents a four-story, freestanding mixed-use building consisting of six one-bedroom apartments and three retail units.
- Fully leased and income-generating, 95 16th Street serves a large rental demand pool and is occupied by two local clothing stores and a hair salon.
- Located less than 1 mile from the Rutgers University Hospital, midway to Interstate 280 and Interstate 78, as well as 4.5 miles from Newark Int’l.
- Highly visible and easily accessible at the four-way intersection of S 6th Street and 16th Avenue, with 50 feet of frontage along S 6th Street.
- Nestled in Newark’s West Side neighborhood, where locals are within walking distance of schools, shops, and parks.
Property Facts
Property Type
Retail
Property Subtype
Building Size
8,300 SF
Building Class
B
Year Built
1970
Tenancy
Multiple
Building Height
4 Stories
Building FAR
3.18
Lot Size
0.06 AC
Zoning
Commercial - Commercial
Frontage
50’ on 16th ave
Property Taxes
| Parcel Number | 14-00293-0000-00033 | Improvements Assessment | $465,000 |
| Land Assessment | $30,000 | Total Assessment | $495,000 |
Property Taxes
Parcel Number
14-00293-0000-00033
Land Assessment
$30,000
Improvements Assessment
$465,000
Total Assessment
$495,000
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