Fox & Foxx Realty, LLC
Veronica Hary, Fox & Foxx Realty, LLCPhone: (732) 642-9093
Email: [email protected]
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listing
1 of 6
CommercialFor Sale
$12,500,000
746 South 14th Street 0
Newark City, NJ 07103
Courtesy of Compass New Jersey LLC
MLS: Garden State MLS
38,800Sq Ft
Est. Mortgage
$64,623/mo

Calling all Investors! 746 S 14th Street located on Newark's West side is now being offered at $12.5M for purchase. This new construction 38 unit apartment complex consists of 3 stand alone buildings comprised of 1, 2 and 3 bedroom units. The building has 8 affordable units at 80% AMI. Completed in 2024, the complex offers 26 Parking Spots and sits on .68 Acres. The property has a 30 year tax pilot at fixed 10% and a 30 year rent control waiver. Cap rate is 6% and NOI $744,106.

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