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$830,000
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Property Description
Here is your chance to own a corner building in the heart of the Central Business District and steps from University Heights. The property is walking distance to Washington Street Light Rail Station, Essex County College, Rutgers University, Prudential, and NJIT. This property boasts a finished basement. All 3 floors have their own entrance GREAT OPPORTUNITY FOR INVESTORS & DEVELOPERS.
Full Property Details
Full Property Details for 221 Washington St
General
- Sold For: $830,000
- Taxes: $18,680 (2022)
- Status: Closed
- Type: Retail
- Source: Monmouth
- MLS ID: 22309869
- Added to Site: 1, 008 day(s) ago
Interior
- Interior Features: Fire Alarm, Security System
- Flooring: Tile, Wood
Exterior
- Exterior Features: Security System
Parking
- Parking Features: On-Street
Location
- Area: Newark (NEW)
- Municipality: Newark (NEW)
- County: Essex
- Subdivision: None
- Driving Directions: McCarter Hwy to Broad st , Broad St to left on Court St, Court St to right on Washington
- Location Details: Business District, Commercial District
Community
- Management Type: Owner Association
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Gas: On Site
- Dist. to Gas: On Site
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Brick
- Basement Desc.: Full, Tenant Storage, Walk-Out Access
- Roof: Flat
- Stories/Levels: 2
- Square Feet: 3,800
- Current Bldg. Use: Barber/Salon, Professional/Office, Retail
- Year Built: 1957
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Lot Dimensions: 21.2 x 99.4
- Lot Features: Curbing, Sidewalks, Corner Lot
- Zoning: Central Business, Commercial, Retail
- Fencing (Description): Electric
Financial Considerations
- Price Per Sq. Ft.: $226.05
- Assessment Amount: $500,000
- Tax Amount: $18,680
- Tax Year: 2022
- Owner Pays: See Remarks
Disclosures and Reports
- Property ID: 14-00071-0000-00031
- Section: Newark
Listed by Stack & Stack, LLC, Brian Boms
Sold by McAr, NON MEMBER MORR
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Schools
Schools serving 221 Washington St
School District:Newark City School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 221 Washington St
Date
Details
Price
Change
Source
7/14/2023
Sold
$830,000
-3.38%
MLS
4/17/2023
Listed
$859,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
221 Washington Street, Newark, NJ 07102 (MLS# 22309869) is a Retail property that was sold at $830,000 on July 14, 2023. Want to learn more about 221 Washington Street? Do you have questions about finding other Retail real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

