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$ 1,200,000
Est. payment | /mo
$ 1,200,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260018112
Property Sub-Type Retail
Property Description
200 Ferry St is an approximately **6,621 SF, three-story mixed-use property** featuring commercial and residential income potential. The ground-floor commercial space is currently occupied and reportedly generates approximately **$7,000/month**. The **vacant second floor** offers 4 bedrooms, 2 full baths, living room, eat-in kitchen and laundry, with estimated rental potential of **$2,800–$3,200/month**. The **third floor** features two 2-bedroom apartments, reportedly renting for **$2,100 and $2,300/month**. Additional features include a **newer roof and siding, renovated apartments, separate utilities, and a full unfinished basement with high ceilings**. Ideally located along Ferry Street with convenient access to **Newark Penn Station, NYC transportation, Newark Liberty International Airport, major highways, shopping, dining, and nearby universities**. Excellent opportunity for investors seeking **existing income plus additional rental upside** in Newark's desirable Ironbound district.
Location
State NJ
County Essex
Area Newark
Listed by KELLER WILLIAMS PARK VIEWS
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