41 Evergreen Ave, Newark, NJ 07114 - Photo 1

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$800,000 Just Listed

For Sale
Active
Retail

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Property Description

CALLING ALL INVESTORS! 4 unit mixed use property. Near Newark Airport and The Hilton Hotel in Newark. RETAIL spaces include LQ Store and Bodega. RESIDENTIAL units on top include 2 completely renovated 2 bedroom 1 bathroom apartments both paying MARKET RENTS! Cap rate of 10% fully occupied.

Full Property Details

Full Property Details for 41 Evergreen Ave

General

Price: $800,000
Taxes: $12,129 (2023)
Status: Active
Type: Retail
Source: Garden_State
MLS ID: 3936024
Updated: 11/26/2024
Added to Site: 1 day(s) ago

Business

Includes: Building Only

Rooms

Bathrooms

Total Bathrooms: 4
Restrooms: 4

Additional Information

Equipment: Appliances, Fire Alarm, Kitchen Area, Refrigeration Unit, Restrooms - Private

Parking

Parking: None

Location

County: Essex
Driving Directions: GSP South to RT 78. Take Frelinghuysen Ave/Nj 27 to Ross St. Property on the right.
Location Details: Residential Area

Heating & Cooling

Cooling Type: 2 Units, Ductless Split AC
Heating Type: 2 Units
Heating Fuel: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public Water
Utility Description: Natural Gas

Structural Information

Construction: Brick/Block
Exterior Const.: Brick/Block
Basement: Yes
Basement Desc.: Full, Storage, Unfinished
Roof: Flat
Stories in Building: 3
Square Feet: 2,808
Aprox. Leasable: 2,808 Sq. Ft.

Unit Information

2 Bedroom Units: 2

Lot Features

Lot Size (Acres): 0.06
Lot Size: 25.3X98.6
Zoning: RES
Lot Description: Corner

Financial Considerations

Price Per Sq. Ft.: $284
Expenses: Electricity, Insurance, Maintenance - Interior, Taxes
Assessment Amount: $314,000
Land Assmt: $67,500
Tax Amount: $12,129
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Documents Avail.: Income & Expenses
APN: 1614-03754-0000-00019-0000-
Block: 3754
Lot Number: 19

Listed by Keller Williams - Nj Metro Group

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— 41 Evergreen Ave —

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Schools

Schools serving 41 Evergreen Ave

Name	Grades	Distance
Ap. Morris Early Childhood Center 143 Coe Ave, Hillside, NJ 07205	PK-1	0.9 mi
Donald Stewart School No. 51 544 Pennsylvania Ave, Elizabeth, NJ 07201	PK-PK	1.3 mi
George Washington, Hillside, NJ 1530 Leslie St, Hillside, NJ 07205	5-5	1.6 mi
Walter O Krumbiegel Middle School 145 Hillside Ave, Hillside, NJ 07205	6-8	1.1 mi
Union Ave 427 Union Ave 455, Irvington, NJ 07111	6-8	2.5 mi
University Middle School 255 Myrtle Ave 281, Irvington, NJ 07111	6-8	3.1 mi
Weequahic High School 279 Chancellor Ave, Newark, NJ 07112	9-12	1.5 mi
Malcolm X Shabazz High School 80 Johnson Ave, Newark, NJ 07108	9-12	1.9 mi
Thomas Jefferson Arts Academy 27 Martin Luther King Plz, Elizabeth, NJ 07201	9-12	2.1 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 41 Evergreen Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

11/26/2024

Listed

$800,000

106.66%

MLS

3/05/2021

Sold

$387,100

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 41 Evergreen Ave

Year

Property Taxes

Change

Tax Assessment

Change

2022

$11,731

—

$314,000

—

2021

$11,725

100%

$314,000

—

2021

100%

$314,000

—

2020

-100%

$314,000

—

2018

$11,596

-38%

$314,000

-40%

2017

$18,654

$524,000

—

2016

$18,026

$524,000

—

2015

$17,339

$524,000

—

2014

$16,249

—

$524,000

—

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 41 Evergreen Ave

41 Evergreen Ave, Newark, NJ 07114 (MLS# 3936024) is a Retail property. 41 Evergreen Ave is currently listed for $800,000 and was received on November 26, 2024. Want to learn more about 41 Evergreen Ave? 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.

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41 Evergreen Ave Newark, NJ 07114