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9 Clark St Newark, NJ 07104

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For Sale
$4,800,000

New construction apartment building near transportation and amenities.

Lot size:
0.12 Acres

Property Features for 9 Clark St

General Information

Lot size
0.12 Acres

Building Details

Year built
2023
Source: Elliman

Listing Agent: Antonio Costa

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Newark Apartment Building For Sale

This is a 16-unit apartment building constructed in 2023, situated in lower north Newark, near Broad Street, the light rail, and the train station. The building comprises eight one-bedroom apartments and eight two-bedroom apartments. Each apartment is equipped with a stove, dishwasher, microwave, refrigerator, washer, and dryer. The units feature granite countertops and ceramic backsplashes. The building includes an elevator and a gym. There are eight parking spaces available. Utilities are separate, and each unit has a split system for heating and cooling. The yearly gross income is $472,000.00.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Newark
County
Essex
State
New Jersey
Longitude
-74.1700604
Latitude
40.7525881

FAQs

What type of property is this?
Apartment building - New construction apartment building near transportation and amenities.
Where is this apartment building located?
The property is located at 9 Clark St Newark, NJ.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: - Newly constructed in 2023, minimizing maintenance.; - High gross yearly income of $472,000, indicating strong investment potential.; - Convenient location near Broad Street light rail and train station.
More about this property
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