For Sale
$550,000

230 Jefferson St Newark, NJ 07105

Distressed Sale: 2700 SF, 3 Units

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
This fee-simple mixed-use building at 230 Jefferson St, Newark, NJ 07105, offers a compelling distressed sale opportunity. The 2,700 square foot property, renovated in 1979, is zoned for commercial use and boasts three units, providing flexibility for multi-tenant occupancy or owner-user scenarios. Located in the desirable South Ironbound area, this building benefits from high visibility and accessibility, making it ideal for a variety of businesses. The asking price is $550,000, translating to $203.70 per square foot. Please note that showings are delayed without a prior Letter of Intent and the existing tenancy is not cooperative. Security measures, including guard dogs, are in place on the property. This prime retail/free-standing building presents a significant investment opportunity in a dynamic market. The property is situated in Essex County, New Jersey, with a zip code of 07105. The building's location provides excellent access to major transportation routes and amenities. This is a unique chance to acquire a well-located commercial property at a below-market price. Serious inquiries only.

Highlights

  • $550,000 asking price for a fee simple ownership.
  • 2,700 square foot mixed-use building, currently configured as a medical office.
  • Located at 230 Jefferson St, Newark, NJ 07105, in the Ironbound area.
  • Three units available, offering flexibility for multi-tenant or owner-user occupancy.
  • Distressed sale condition.

Property Details for 230 Jefferson St

Property type
Office properties, Medical offices
Square Feet
2,700 SF
Units
3

Location Insight

City
Newark
County
Essex
State
New Jersey
Latitude
40.7247469
Longitude
-74.1643766

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FAQs

What type of property is this?
Office property - Distressed Sale: 2700 SF, 3 Units
Where is the office property located?
The property is located at 230 Jefferson St Newark, NJ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: $550,000 asking price for a fee simple ownership.; 2,700 square foot mixed-use building, currently configured as a medical office.; Located at 230 Jefferson St, Newark, NJ 07105, in the Ironbound area.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

John Negri
John Negri
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Useful Information

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Jefferson St
Newark, NJ 07105

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Jefferson St
Newark, NJ 07105

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

230 Jefferson St
  • John Negri
    John Negri
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