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741 S Orange Ave, Newark, NJ 07106
$9,000
741 S Orange Ave, Newark, NJ 07106View this property at 741 S Orange Ave, Newark, NJ 07106
741 S Orange AveNewarkNJ07106
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Property Description
BEST LOCATION in Newark for ANY business venture on high traffic, high visibility South Orange Ave corner of No. Munn just 1 block to GSP with Vailsburg Park/Ronald L. Rice Sports Complex and Speedway Academies on opposite corners. This building was renovated in 2021. Multiple office spaces, waiting areas, storage areas, an almost 6,000 sq ft open area on 1st floor has held 24 cars. Historically, recently used as an Auto Body Repair and Mechanic shop. Paint booth intact. Zoned C2 - Community Commercial. Potential for any retail business (tenant must obtain any required inspections/certifications from the City of Newark). Adjacent building at 9 No. Munn (C2), paved parking lot at 11-13 No. Munn (C2) and vacant unpaved lot at 15 No. Munn (R2) also available for additional cost.
Full Property Details
Full Property Details for 741 S Orange Ave
General
- Price: $9,000
- Taxes: $14,912 (2023)
- Status: Active
- Type: Commercial Lease
- MLS ID: 3894698
- Updated: 5/2/2024
- Added to Site: 40 day(s) ago
Rental Information
- Lease/Rent Term: Other
- Lease Includes: Sewer, Taxes, Water
- Lease Terms: Negotiable
Rooms
Bathrooms
- Total Bathrooms: 2
- Restrooms: 2
Additional Information
- Equipment: Fire Alarm, Restrooms - Private, See Remarks, Smoke Detector
Parking
- Parking: See Remarks
Location
- County: Essex
- Subdivision: Lower Vailsburg
- Driving Directions: Corner So. Orange Ave & No. Munn Ave, Garden State Parkway Exit 144 diagonal to Vailsburg Park/Ronald Rice Sports Complex next to Speedway Academies
- Location Details: Business District, Corner, Freestanding
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
- Basement: Yes
- Basement Desc.: Bilco-Style Door, Partial, Unfinished, Walk-Out
- Ceiling Height: 12
- Doors: 2
- Door Dimensions: 12
- Loading: Drive-In Doors, See Remarks
- Stories in Building: 2
- Square Feet: 7,480
- Aprox. Leasable: 7,480 Sq. Ft.
- Year Built: 1950
- Remodeled/Updated: 2021
Lot Features
- Lot Size (Acres): 0.15
- Lot Size: 62.3 X108.3
- Permitted Use: AutoBody Mechanic Other Commercial
- Zoning: C2
- Lot Description: Corner, Level Lot
Financial Considerations
- Price Per Sq. Ft.: $1
- Assessment Amount: $400,000
- Land Assmt: $178,200
- Tax Amount: $14,912
- Tax Year: 2023
- Owner Pays: Sewer, Water
- Tenant Pays: Electric, Gas, Heat, Hot Water, Maintenance-Lawn, See Remarks, Snow Removal, Trash Removal
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- APN: 1614-04208-0000-00007-0000-
- Block: 4208
- Lot Number: 7
Listed by Real Deal Realty, Llc
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Schools
Schools serving 741 S Orange Ave
School District:Newark Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
701 South Orange Ave, Newark, NJ 07106 | K-8 | 0.1 mi | |
87 Richelieu Ter, Newark, NJ 07106 | PK-8 | 0.9 mi | |
619 S 17th St, Newark, NJ 07103 | K-8 | 0.9 mi | |
Newark School Of Data Science & Information Technology
746 Sanford Ave, Newark, NJ 07106 | 9-10 | 1.2 mi | |
Newark School Of Global Studies
24 Crane St, Newark, NJ 07104 | 9-11 | 2.4 mi | |
Newark School Of Fashion & Design
239 Woodside Ave, Newark, NJ 07104 | 9-10 | 3.4 mi | |
359 13th Ave, Newark, NJ 07103 | PK-8 | 1.1 mi | |
107 Ivy St, Newark, NJ 07106 | PK-8 | 1.2 mi | |
142 Mount Vernon Pl, Newark, NJ 07106 | PK-8 | 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 741 S Orange Ave
Date
Details
Price
Change
Source
5/02/2024
Price Reduced
$9,000
-10%
MLS
4/07/2024
Listed
$10,000
—
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 741 S Orange Ave
741 S Orange Ave, Newark, NJ 07106 (MLS# 3894698) is a Commercial Lease property. 741 S Orange Ave is currently listed for $9,000 and was received on April 07, 2024. Want to learn more about 741 S Orange Ave? 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.