Newark, NJ 07106,1000 S Orange AVE
Newark, NJ 07106,1000 S Orange AVE
Newark, NJ 07106,1000 S Orange AVE
25
Listed by Jonathan Greene EXP Realty, LLC
Bought with Outside Agent Outside Office
$497,000
$497,000
Est.Price: ?

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1000 S Orange AVE Newark, NJ 07106

Est. payment /mo
SOLD DATE : 06/21/2022

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Key Details

Sold Price $497,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 22009097

Style Retail

Property Sub-Type Retail

Property Description

Welcome to your next investment property. This 3-unit, mixed-use opportunity is comprised of one operating laundromat (for sale separately as part of the overall transaction) and two 3-bedroom residential units with a den. It is a three-floor building with the community hub/laundromat on the first floor and one unit each on the second and third floors. Unit 1 has been partially renovated and is occupied. Unit 2 has been fully renovated with LVP and tile floors and an upgraded kitchen and bath, and is now up for rent. The units are light-filled and convenient to all that the area has to offer. The laundromat is owner-operated, but rent is market. Utilities paid entirely by tenants and laundromat. Don't miss this opportunity to invest in this growth sector of Newark.

Location

State NJ

County Essex

Interior

Heating Baseboard, Electric, Gas, Other/See Remarks

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New Jersey MLS (NJMLS)

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agent

Jonathan Greene

Team Leader | License ID: 1433604

+1(973) 873-0734

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