Date
Details
Price
Change
Source
5/08/2023
Listed
$930,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/18
$930,000
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1/18
Property Description
Bring your ideas! An amazing investment opportunity in the heart of Newark's West Ward. This Spanish Atmospheric style theater was named for the Warner Brothers-owned circuit that built it. Frank Grad was the architect, with interior decoration by Landish Studios. The Stanley Theater first opened in 1927, By the early 1970s, the Stanley Theater was no longer profitable and got sold to an Italian-American cultural organization that turned it into a social hall called Casa Italiana. The Atmospheric style decor was retained, but the single floor auditorium was cleared of seats so it could be used for dining and dancing. Since 1980 it has been Newark Tabernacle. A few blocks from Seton Hall location has high foot traffic and is an intersection for 2 major avenues. While the building has historical value, its location begs for the creative ideas of its future owner. The value is in the land and space that pictures cant do justice.
Full Property Details
Full Property Details for 983-987 S Orange Ave
General
- Price: $930,000
- Taxes: $9,999
- Status: Under Contract
- Type: Office
- Source: NJMLS
- MLS ID: 23013627
- Updated: 2/13/2025
- Added to Site: 680 day(s) ago
Rental Information
- Rent Includes: None
Location
- Area: Newark
- County: ESSEX
Heating & Cooling
- Heating Type: Gas
Utilities
- Utility Description: Other (See Remarks)
Structural Information
- Architectural Style: Office
- Description/Design: Other
Water Features
- Water Front Desc.: None
Financial Considerations
- Tax Amount: $9,999
Disclosures and Reports
- Ownership: Private
- Flood Zone: None
Listed by RE/MAX SELECT - Pine Brook (973) 575-6005, Marc Titus (973) 433-6783
We Value Your Privacy
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Listing agent
— 983-987 S Orange Ave —
Marc Titus
RE/MAX SELECT - Pine Brook
(973) 433-6783
(973) 433-6783
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 983-987 S Orange Ave
School District:Newark Public Schools
| Rating | Name | Grades | Distance |
|---|---|---|---|
|
160 Rhode Island Ave, East Orange, NJ 07018 | PK-5 | 0.6 mi | |
|
1 University Pl, Irvington, NJ 07111 | K-5 | 0.9 mi | |
|
36 Mount Vernon Ave, Irvington, NJ 07111 | PK-5 | 1.1 mi | |
|
255 Myrtle Ave 281, Irvington, NJ 07111 | 6-8 | 0.9 mi | |
|
116 Hamilton St, East Orange, NJ 07017 | 7-7 | 2 mi | |
|
116 Hamilton St Bldg C, East Orange, NJ 07017 | 8-8 | 2 mi | |
|
Newark School Of Data Science & Information Technology
746 Sanford Ave, Newark, NJ 07106 | 9-10 | 0.8 mi | |
|
1253 Clinton Ave 1273, Irvington, NJ 07111 | 9-12 | 1.3 mi | |
|
Edmonson Alternative School
74 Halsted St, East Orange, NJ 07018 | 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 983-987 S Orange Ave
Tax History
Tax History for 983-987 S Orange Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
100%
$2,290,600
—
2022
100%
$2,290,600
—
2021
100%
$2,290,600
—
2019
-100%
$2,290,600
-57%
2016
$181,997
4%
$5,290,600
—
2015
$175,066
12%
$5,290,600
—
2013
$156,231
—
$5,290,600
—
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 983-987 S Orange Ave
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- Multi-Family
- Active
- Updated 5 days ago
- 8Total Beds
Listed by Harrison Realty
- Condo
- Active
- Updated 1 day ago
- 2Beds
- 3Total Baths
Listed by The Agency Rutherford
- Duplex
- Active
- Updated 4 days ago
- 4Beds
- 4Total Baths
Listed by Coccia Realty Better Homes & Gardens
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983-987 S Orange Avenue, Newark, NJ 07106 (MLS# 23013627) is a Office property. 983-987 S Orange Avenue is currently listed for $930,000 and was received on May 08, 2023. Want to learn more about 983-987 S Orange Avenue? Do you have questions about finding other Office real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.