Commercial Real Estate for Sale at 66-88 Hecker St in Newark City, NJ for $14,400,000

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66-88 HECKER ST | Newark City

$14,400,000 | 0.0 Sq. Ft.

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. GSMLS 3485130

Directions to property: Sussex & Dickerson

MLS Listing ID: 
GSMLS 3485130
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$14,400,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Newark City
Address: 
66-88 HECKER ST, Newark City, NJ 07103-2855, U.S.A.
County: 
Essex
Latitude: 
40.7474250
Longitude: 
-74.1847220
Directions: 
Sussex & Dickerson
Public Remarks: 
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.
Building Details
Details about the building on a property.
Stories: 
0.0
Year Built: 
1930
Living Area: 
0.0
Construction
Construction Materials: 
Brick/Block
Roof: 
See Remarks
Exterior: 
See Remarks
Energy Information: 
See Remarks
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
See Remarks
Heating System Fuel: 
See Remarks
Cooling System: 
See Remarks
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.67
Lot Size (Dimensions): 
309.2X95
Waterfront: 
0
Lot Features
Driveway: 
See Remarks
Parking Type: 
See Remarks
Public Record
Parcel Number: 
1614-02843-0000-00021-0000-
Lot Number: 
21
Annual Tax: 
$13,631.00
Property Zoning: 
COM
Contract Details
Details about the listing contract.
Possession: 
at closing
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
LIBERTY REALTY, LLC.

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