59 Wilson Ave Newark, NJ 07105
Seven-unit apartment building, strong NOI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- Seven-unit multifamily building in Newark, NJ, on a 0.11-acre lot.
- 100% occupancy with a $144,739 NOI and a 6.44% cap rate.
- Asking price: $2,248,000 ($321,143 per unit).
- Extensive renovations completed in 2015.
- Seven on-site parking spaces and fee-simple ownership.
Property Details for 59 Wilson Ave
- Property type
- Apartment buildings
- Year Built/Renovated
- 1950/2015
- Buildings
- 2
- Stories
- 3
- Lot Size (sq. ft)
- 4,792 SF
- Units
- 7
Location Insight
- City
- Newark
- County
- Essex
- State
- New Jersey
- Latitude
- 40.7262623
- Longitude
- -74.1536229
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - Seven-unit apartment building, strong NOI.
- Where is the apartment building located?
- The property is located at 59 Wilson Ave Newark, NJ.
- What is the asking price?
- The asking price for this property is $2,248,000.
- What are key features of this property?
- This property features: Seven-unit multifamily building in Newark, NJ, on a 0.11-acre lot.; 100% occupancy with a $144,739 NOI and a 6.44% cap rate.; Asking price: $2,248,000 ($321,143 per unit).
- How can I contact the broker?
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