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820 S 15Th St,Newark City, NJ 07108-1322 | Wright Home Realty

Call us:

+01-123-4567

Listing Details

820 S 15Th St,Newark City, NJ 07108-1322

  • September 3, 2025

Description

Prime Corner Lot Brick Commercial Building with Endless Possibilities. Unlock the potential of this well-positioned, all-brick commercial property located on a prominent corner lot. With excellent street visibility and accessibility, this versatile space offers a unique opportunity for investors, developers, or entrepreneurs seeking a multi-use location.Currently zoned R3, this property allows for the potential to build an extension or explore various redevelopment options (buyers to verify with city zoning). The existing structure is ideal for a wide range of uses, including a laundromat, restaurant, hair or beauty salon, daycare center, or community-based services.The building offers solid construction, a flexible layout, and ample room to tailor the interior to suit specific operational needs. Whether you?re looking to launch a new business or expand an existing one, this property delivers unmatched flexibility in a high-traffic, high-visibility location.Don?t miss out on this rare opportunity to own a corner commercial asset in a growing area. The possibilities truly are endless.

Details

Last Updated On: September 3rd, 2025 at 11:10 am
Property ID:PT-1366156-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 250,000 $
Year Built:1930

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 17.6X86.10
Lot Identifier: 35
Lot Description: Corner
Lot Identifier: 35

Home Details

Open Parking: 0
Basement: Yes
Basmnt/Desc: Yes - Unfinished, Walkout
Acreage: 0.03
Total Baths: 0.40
Unit Style: 2-Two Story
Number of Units: 1
Rooms: 3
Easement/Desc: No
Exterior Description: Brick
Roof Description: Flat
Possesion: immediately
Unit 1 Appliances/Equipment: Security System
Unit 1 Levels: 1
Unit 1 Rooms: 2
Unit 1 Baths: 2.0
Unit 1 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas
Unit 1 Handicap: No
Unit 1 SqFt: 840
Color of Building: Blue
Garage Description: On-Street Parking
Block Identifier: 2647
County Number: 16
Town Number: 1614
YB/Desc: 1930 - Approximate
Color of Building: Blue
Easement: No
Parking/Driveway Description: On-Street Parking
Block Identifier: 2647
County Number: 16
Town Number: 1614
Possession: immediately

Taxes, Fees & Assessments

Expense Include: Utilities
Warranty: No
Tax ID For Property: 1614-02647-0000-00035-0000-
Tax Amount: $4,278.00
Tax Year: 2024
Tax Rate: 3.803%
Tax Rate Year: 2024
Farm Assessment: No
Land Assessment: $8,400.00
Building Assessment: $104,100.00
Total Assessment: $112,500.00
FHA Age Restricted: No

Utilities

Water Heater: Gas
Heat Source: Gas-Natural
Heat System: Forced Hot Air
Cool System: Central Air
Water: Public Water
Sewer: Public Sewer
Utilities: All Underground

Schools

Grade School: MADISON
Middle School: CENTRAL
High School: WEEQUAHIC

Other

Zoning: r3

Features

  • High Ceilings
  • See Remarks
  • Tile Floors

Statistics

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