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116 Wright St, Newark, NJ 07114
$715,000
116 Wright St, Newark, NJ 07114View this property at 116 Wright St, Newark, NJ 07114
116 Wright StNewarkNJ07114
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Property Description
LOCATION LOCATION. Calling all business owners and investors! Mixed use property next to all major highways and 3 minutes from EWR. Brand new roof in 2020. Fully loaded with solar panels that are owned along with a battery wall system to run independently from grid during power outages. 1st floor is approx 1400 sq foot garage zoned commercial. 2nd fl is a huge open concept apartment that can be converted to office space should owner decide to do so.
Full Property Details
Full Property Details for 116 Wright St
General
- Price: $715,000
- Taxes: $3,310 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 3882789
- Updated: 1/24/2024
- Added to Site: 122 day(s) ago
Business
- Includes: Building & Land, Equipment
Interior
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Restrooms: 2
Additional Information
- Equipment: Appliances, Restrooms - Private, Smoke Detector, Storage Area(s)
Exterior
- Color: Grey
Parking
- Parking: 1 Car Width
Location
- County: Essex
- Driving Directions: broad street towards EWR. Make right off broad street to Wright street.
- Location Details: Business District
Heating & Cooling
- Cooling Type: 2 Units
- Heating Type: 2 Units
- Heating Fuel: Natural Gas
Utilities
- Water: Public Water
- Utility Description: Electric, Natural Gas, Fiber Optic Available
Structural Information
- Construction: Brick/Block
- Exterior Const.: ConcBrd
- Roof: Flat
- Ceiling Height: 12
- Door Dimensions: 10
- # Loading Docks: 1
- Bays: 1
- Stories in Building: 2
- Square Feet: 2,800
- Aprox. Leasable: 3,000 Sq. Ft.
- Office: 1,500 Sq. Ft.
- Year Built: 2013
- Remodeled/Updated: 2013
Unit Information
- 1 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.03
- Lot Size: 20X75
- Permitted Use: Residential and Light Industrial
- Zoning: Mixed Use
Financial Considerations
- Price Per Sq. Ft.: $238
- Assessment Amount: $88,600
- Land Assmt: $40,500
- Tax Amount: $3,310
- Tax Year: 2022
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available
- APN: 1614-02806-0000-00032-0000-
- Block: 2806
- Lot Number: 32
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Schools
Schools serving 116 Wright St
School District:Newark Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
66 Muhammad Ali Ave, Newark, NJ 07108 | PK-8 | 0.4 mi | |
1 Belmont Ruyon Way, Newark, NJ 07108 | PK-8 | 0.9 mi | |
433 Peshine Ave, Newark, NJ 07112 | PK-8 | 1.2 mi | |
Newark School Of Global Studies
24 Crane St, Newark, NJ 07104 | 9-11 | 2.2 mi | |
Newark School Of Data Science & Information Technology
746 Sanford Ave, Newark, NJ 07106 | 9-10 | 3 mi | |
Newark School Of Fashion & Design
239 Woodside Ave, Newark, NJ 07104 | 9-10 | 3.8 mi | |
428 Hawthorne Ave, Newark, NJ 07112 | PK-8 | 1.6 mi | |
359 13th Ave, Newark, NJ 07103 | PK-8 | 1.7 mi | |
333 Clinton Pl, Newark, NJ 07112 | PK-8 | 1.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 Wright St
Date
Details
Price
Change
Source
1/24/2024
Listed
$715,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 116 Wright St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$3,310
—
$88,600
—
2021
$3,308
-2%
$88,600
—
2020
$3,367
1%
$88,600
—
2019
$3,332
2%
$88,600
—
2018
$3,272
4%
$88,600
—
2017
$3,154
3%
$88,600
—
2016
$3,048
4%
$88,600
—
2015
$2,932
12%
$88,600
—
2013
$2,616
—
$88,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 116 Wright St
116 Wright St, Newark, NJ 07114 (MLS# 3882789) is a Commercial property. 116 Wright St is currently listed for $715,000 and was received on January 24, 2024. Want to learn more about 116 Wright St? Do you have questions about finding other Commercial real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.