DEVELOPER'S DREAM! PACKAGE SALE: 198-206 Sussex St., 66-88 Hecker St. & 33-39 Dickerson St. Total price: $14,400,000. Strong cash flow in place to offset re-development approval & development. DEVELOPER'S DREAM. PACKAGE SALE: 198-206 Sussex St., 66-88 Hecker St. & 33-39 Dickerson St. Total price of package is $14,400,000. Zoned for Mix Use in prime location. Located in the center of The Urban Enterprise re-development zone., close to Downtown, Interstate 280, NJIT, Rutgers, and Newark International Airport. Highlights: +/- 100,000 sq.ft of warehouse space which generates high rental revenue. Tremendous upside value to re-develop. Strong cash flow in place to offset re-development approval & development down time. Warehouse/Distribution and potential for residential housing.
|Listing Type||For Sale|
|Days On Site||692|
|Annual Tax Amount||11570|
|Assesed Tax Valuation||325000|