Address
66-88 Hecker St Newark City, NJ
Price
$ 14,400,000
Property Attributes
  • ML#3485130
  • TypeCommercial
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • Zip07103
  • StyleIndustrial Complex - Heavy
  • Year Built1930
  • Taxes13631
  • Price$ 14,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.67 Acres
Listing Provided Courtesy Of:
LIBERTY REALTY, LLC.
Property Description

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. 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.

Price History
7/7/2018 Listed $14,400,000

General Features

Construction Brick/Block
Cooling See Remarks
Drive See Remarks
Heating See Remarks
Roof See Remarks
Sewer Public Sewer
Tax Annual Amount 13631
Town # 1614
Township Newark City
Utilities See Remarks
Zoning COM

Interior Features

Fuel Type See Remarks

Exterior Features

Exterior Description See Remarks
Lot Dimensions 309.2X95
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 07103

Price
AVG $3.59M
$14.4M
Taxes
AVG $37,131
$13,631
Visits
AVG 113
159
Year Built
AVG 1959
1930
Walkscore
AVG 81
87
Data Provided by Walkscore ® not using MLS data

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