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    146 Hudson St Newark, NJ 07103

    For Sale
    $795,000

    Mechanic shop with two tenants in University Heights neighborhood.

    Property size:
    3,600 SF

    Property Features for 146 Hudson St

    General Information

    Standard status
    Active
    Size
    3,600 SF

    Building Details

    Year built
    1950

    Source: WEICHERT REALTORS - HOME CITY Agent AUGUSTO VERISSIMO

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

    Overview

    Mechanic Shop in University Heights

    This mechanic shop is located at the corner of Hudson Street and Hartford in the Central Ward, University Heights neighborhood. The property is zoned R-4 residential, low-rise. The lot size is 60 feet wide by 100 feet deep, totaling 6,000 square feet. The building size is approximately 4,000 square feet. The shop has two tenants. Facing Hudson Street, the space is approximately 2,000 square feet, plus 300 square feet of office space. Facing Hartford, the space is approximately 1,500 square feet and includes three half baths. The property is intended for use as a mechanic shop.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ultimate Auto Security ... Auto Repair Shop Car Tech Auto Repair Shop

    Suggested Use

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

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

    Similar Places Nearby

    Auto Body Shop Essex County, Romero Tire Shop, Mecanico, DT Mobile Auto Mechanic LLC, Newark Towing Service

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1857222
    Latitude
    40.7444093

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    FAQs

    What type of property is this?
    Auto shop - Mechanic shop with two tenants in University Heights neighborhood.
    Where is this auto shop located?
    The property is located at 146 Hudson St Newark, NJ.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - Prime location at the corner of Hudson Street and Hartford in University Heights.; - Mechanic shop with two existing tenants.; - Total building size approximately 4000 sqft.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    146 Hudson St Newark, NJ 07103
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