Bought with James Rosa Rosa Agency-Ironbound, LLC
$2,200,000
$1,900,000
15.8%For more information regarding the value of a property, please contact us for a free consultation.
98-100 Ferry ST Newark, NJ 07105
Key Details
Sold Price $2,200,000
Property Type Multi-Family
Sub Type 5+Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 25005608
Style 5+Family
Property Sub-Type 5+Family
Property Description
Ironbound - 10 Apartments and 2 Retail Stores (Hardware & Jewelry Store) - Value Add Property Featuring 3 - 1 Bedroom Apartments and 7 - 2 Bedroom (Rail Road Style) Apartments. All Residential Apartments are Below Market Value and Subject to Rent Control. All Tenants are Month to Month. Owner pays for Heat (Oil) and Hot Water for Entire Building. Each Store has Approximately 980 Sq. Ft. Three Story Building w/ Approximately 8,664 Sq. Ft. Built Around 1940 and Zoned C-2. Centrally Located and Minutes By Foot to Penn Station.
Location
State NJ
County Essex
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