Ferry Street - Mixed-Use Property — Sale in Newark, NJ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Newark, NJ 07105

Investment Figures

Cap rate
7.65%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to exclusively present 179-183 Ferry Street, Newark, Essex County, New Jersey. Investment Highlights: • Fully Occupied Retail and Residential Building with No Vacancy • 10 Residential Units Above Two Street-Level Retail Spaces • 11,300 Square Foot Mixed-Use Property Constructed in 1940

Market Context

This mixed use in Newark, NJ is listed for sale. It is offered at an approximate 7.7% capitalization rate, a key benchmark for income-producing mixed use assets. It has been on the market for 99 days. Compare it against other mixed use listings for sale in Newark, NJ — view the full market.

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