Westfield NJ Area Real Estate and Homes For Sale

Home for Sale at 33 Dickerson St, Newark City, NJ 07103

 
 
 
 
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33 Dickerson St, Newark City, NJ 07103
Listing# 3485133
 
 
 
 
Price: $14,400,000
Type: Commercial
County: Essex
 
 
 
 
    Photo of home for sale at 33 DICKERSON ST, Newark City NJ
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Property Description:
 
 
 
 
DEVELOPER'S DREAM! PACKAGE SALE: 198-206 Sussex St., 66-88 Hecker St. & 33-39 Dickerson St. Total price: $14,400,000. Strong cash flow in place to offset re-development approval & development. DEVELOPER'S DREAM. PACKAGE SALE: 198-206 Sussex St., 66-88 Hecker St. & 33-39 Dickerson St. Total price of package is $14,400,000. Zoned for Mix Use in prime location. Located in the center of The Urban Enterprise re-development zone., close to Downtown, Interstate 280, NJIT, Rutgers, and Newark International Airport. Highlights: +/- 100,000 sq. ft of warehouse space which generates high rental revenue. Tremendous upside value to re-develop. Strong cash flow in place to offset re-development approval & development down time. Warehouse/Distribution and potential for residential housing.

 
 
 
 
OVERVIEW:
 
 
 
 
Property Type:Commercial
Listing Status:Active
Property Subtype:Industrial Complex - Heavy
Year Built:1920
Acres:0.19
Exterior:See Remarks
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FINANCIAL:
 
 
 
 
Listing Price:$14,400,000
Tax Amount:$11,570
Tax Year:2017
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All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams Realty Premier Properties of Westfield shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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