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About This Home
This 0-bedroom, 0-bathroom commercial at 661 South 18th Street in Newark City, NJ is listed for $899,900 ($106 per sqft). the home offers 8,500 sqft of living space on a N/A lot.
Mixed-use investment opportunity featuring a well-located property comprised of four residential units and a ground-floor commercial space. The commercial unit is currently occupied by a convenience store, providing steady income, while one of the four residential apartments is leased with additional upside through lease-up of the remaining units.
The property also includes a detached garage and private driveway, offering valuable off-street parking for tenants or additional rental potential. Ideal for investors seeking a value-add opportunity with existing income and strong future cash flow potential.
Lease income details available upon request. Property is being sold in strictly "as-is, where-is condition. Buyer is responsible for independently verifying all information, including but not limited to the number of bedrooms, square footage, legal use of the property, zoning, and any applicable permits or approvals. Seller makes no representations or warranties as to the accuracy of any property details.
Key Features
- 3 stories
Property Details
Amenities
Monthly Cost Estimate
$4,813/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
661 South 18th Street
Newark City, NJ 07103-1182
Property Details
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 661 South 18th Street is listed at $899,900 ($106/sqft). The estimated monthly payment is $3,900 based on 20% down at 6.5% interest.
Key features include: 3 stories.
This property is listed by JOSEPH MULLICA and can be reached at 8566626565 or mullica.joe@gmail.com.
