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48 Commerce St, Newark, NJ 07102
$4,000
48 Commerce St, Newark, NJ 07102View this property at 48 Commerce St, Newark, NJ 07102
48 Commerce StNewarkNJ07102
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Property Description
Newark downtown location. Close to the Prudential Center, Gateway Center,Seton Hall Law School and more. 2200 square feet of office or creative loft space. Wonderful ambiance in this Vintage Art Deco building. Space is in the process of being totally refinished. Can be delivered as a plain vanilla box or the owner may consider a tenant fit out. Public transportation is nearby. Locate your office or studio in this highly desirable location.
Full Property Details
Full Property Details for 48 Commerce St
General
- Price: $4,000
- Taxes: $18,616 (2022)
- Status: Active
- Type: Commercial Lease
- MLS ID: 3828083
- Updated: 5/3/2024
- Added to Site: 463 day(s) ago
Business
- Includes: Lease Only
Rental Information
- Lease/Rent Term: Modified
- Lease Includes: See Remarks
- Lease Terms: Negotiable
Interior
- Flooring: See Remarks
Additional Information
- Equipment: See Remarks
Parking
- Parking: On-Street Parking
Location
- County: Essex
- Driving Directions: Mulberry Street to West on Commerce Street property on the left
- Location Details: Business District, See Remarks
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: Brick/Block
- Door Dimensions: 8
- Square Feet: 4,400
- Aprox. Leasable: 2,200 Sq. Ft.
- Year Built: 1920
- Remodeled/Updated: 2023
Lot Features
- Lot Size (Acres): 0.05
- Lot Size: 27.7X80
- Permitted Use: Office
- Zoning: RDV-SD
- Lot Description: Level Lot
Financial Considerations
- Price Per Sq. Ft.: $27
- Expenses: Electricity, Gas/Oil, Water/Sewer
- Assessment Amount: $498,300
- Land Assmt: $205,200
- Tax Amount: $18,616
- Tax Year: 2022
- Owner Pays: See Remarks
- Tenant Pays: See Remarks
Disclosures and Reports
- Ownership: Fee Simple
- APN: 1614-00145-0000-00038-0000-
- Block: 145
- Lot Number: 38
Listed by Keller Williams Realty
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Schools
Schools serving 48 Commerce St
School District:Newark Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
104 Oliver St, Newark, NJ 07105 | PK-5 | 0.7 mi | |
223 Hamilton St, Harrison, NJ 07029 | 4-5 | 0.9 mi | |
Early Childhood School North
24 Crane St, Newark, NJ 07104 | PK-PK | 1.1 mi | |
121 Beech St, Kearny, NJ 07032 | 7-8 | 2.6 mi | |
116 Hamilton St Bldg C, East Orange, NJ 07017 | 8-8 | 3.2 mi | |
116 Hamilton St, East Orange, NJ 07017 | 7-7 | 3.2 mi | |
238 Van Buren St, Newark, NJ 07105 | 9-12 | 1 mi | |
Newark School Of Global Studies
24 Crane St, Newark, NJ 07104 | 9-11 | 1.1 mi | |
187 Broadway, Newark, NJ 07104 | 9-12 | 1.5 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 48 Commerce St
Date
Details
Price
Change
Source
5/03/2024
Price Reduced
$4,000
-20%
MLS
2/09/2023
Listed
$5,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 48 Commerce St
48 Commerce St, Newark, NJ 07102 (MLS# 3828083) is a Commercial Lease property. 48 Commerce St is currently listed for $4,000 and was received on February 09, 2023. Want to learn more about 48 Commerce St? Do you have questions about finding other Commercial Lease real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.