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Listed with Samantha A. Palazzolo-Perini | 201-394-7042, Compass New Jersey, LLC-Ridgewood

PRICE $12,500,000 dsIDX morgage calculator
BEDS 79
BATHS 0
HOME SIZE n/a
LOT SIZE n/a

Calling all Investors! 746 S 14th Street located on Newark's West side is now being offered at $12.5M for purchase. This new construction 38 unit apartment complex consists of 3 stand alone buildings comprised of 1, 2 and 3 bedroom units. The building has 8 affordable units at 80% AMI. Completed in 2024, the complex offers 26 Parking Spots and sits on .68 Acres. The property has a 30 year tax pilot at fixed 10% and a 30 year rent control waiver. Cap rate is 6% and NOI $744,106.

DAYS ON MARKET 31 LAST UPDATED 5/17/2024
YEAR BUILT 0 COMMUNITY 0714
COUNTY ESSEX STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AREA 0714
BUYER'S BROKERAGE COMPENSATION 1%-300
STORIES 3
STYLE 5 Family
TAXES 92727
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 746758 14TH STREET
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The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS.  Real estate listings held by brokerage firms other than Sotheby's are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers.  Some properties listed with the participating brokers do not appear on this website at the request of the seller.  Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 6/16/24 6:35 PM PDT Source: New Jersey Multiple Listing, Inc.

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