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73 Academy Street, Newark, NJ 07102
$880,000
73 Academy Street, Newark, NJ 07102View this property at 73 Academy Street, Newark, NJ 07102
73 Academy StreetNewarkNJ07102
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Property Description
The property consist of a historic bldg & back bldg for a total of 4,496sf. The plans approved consist of a 6,826sf/4story addition for a total of 11,322sf. The new property conversion will offer 9 units residential apt bldg, 6 2BR, 2 1BR apt with a rooftop terrace and a 1288sf commercial space on the ground level. Please note this project doesn't involve demolition of any building. The 3story bldg on 73 Academy must remain as it is considered Historic. The property expands the entire block offering entrances from Academy St & Raymond Blvd. This subject property is conveniently located in a redevelopment zone & next door to Newark's Washington Street light rail station, across the street from the Prudential building & within a mile of Newark's Penn Station, also within half mile from Rutgers Newark Campus, NJTI Campus, Prudential Center & University Hospital. This opportunity doesn't get any better at 9 total units w/ full approvals in a developing neighborhood of Newark.
Full Property Details
Full Property Details for 73 Academy St
General
- Sold For: $880,000
- Taxes: $12,080
- Status: Closed
- Type: Commercial
- MLS ID: 22043965
- Added to Site: 523 day(s) ago
Location
- County: ESSEX
Structural Information
- Architectural Style: Rtl/Apt
- Description/Design: Res/Com Mixed
- Roof: Other (See Remarks)
- Year Built: To Be Built
Financial Considerations
- Tax Amount: $12,080
- Landlord Pays: O/See Rmrks
Listed by Keller Williams Park Views (201) 939-0050, Andres Ospina (201) 333-4676
Sold by Outside Broker (201) 333-4676, Outside Outside Salespers
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Schools
Schools serving 73 Academy St
School District:Newark Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
Sir Isaac Newton Elementary
150 Newton St, Newark, NJ 07013 | PK-3 | 0.8 mi | |
Early Childhood School North
24 Crane St, Newark, NJ 07104 | PK-PK | 0.9 mi | |
104 Oliver St, Newark, NJ 07105 | PK-5 | 0.9 mi | |
121 Beech St, Kearny, NJ 07032 | 7-8 | 2.7 mi | |
116 Hamilton St Bldg C, East Orange, NJ 07017 | 8-8 | 2.9 mi | |
116 Hamilton St, East Orange, NJ 07017 | 7-7 | 2.9 mi | |
Newark School Of Global Studies
24 Crane St, Newark, NJ 07104 | 9-11 | 0.9 mi | |
Newark Vocational High School
301 W Kinney St, Newark, NJ 07103 | 9-10 | 0.9 mi | |
90 Parker St, Newark, NJ 07104 | 9-12 | 1.3 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 73 Academy St
Date
Details
Price
Change
Source
11/27/2023
Sold
$880,000
-2.11%
MLS
12/22/2022
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
73 Academy Street, Newark, NJ 07102 (MLS# 22043965) is a Commercial property that was sold at $880,000 on November 27, 2023. Want to learn more about 73 Academy Street? 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.