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95 16th Ave
Newark, NJ 07103 West Side

$1,575,000 USD

Storefront Retail Residential For Sale  •  8,300 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 8,300 SF
  • Lot Size 0.06 AC
  • Building Class B
  • Year Built 1970
  • Tenancy Multiple
  • Zoning Commercial
63 Transit Score
82 Walk Score

Highlights

95 16th Avenue presents a four-story, freestanding mixed-use building consisting of six one-bedroom apartments and three retail units.
Highly visible and easily accessible at the four-way intersection of S 6th Street and 16th Avenue, with 50 feet of frontage along S 6th Street.
Fully leased and income-generating, 95 16th Street serves a large rental demand pool and is occupied by two local clothing stores and a hair salon.
Nestled in Newark’s West Side neighborhood, where locals are within walking distance of schools, shops, and parks.
Located less than 1 mile from the Rutgers University Hospital, midway to Interstate 280 and Interstate 78, as well as 4.5 miles from Newark Int’l.

Public Transportation

Commuter RailDriveWalkDistance
Newark Penn Station (Newark Penn Station-World Trade Center - Port Authority Trans-Hudson (PATH)) 5 min - 2.0 mi
Newark Broad Street (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit)) 5 min - 2.3 mi
AirportDriveWalkDistance
Newark Liberty International 10 min - 5.9 mi
LaGuardia 45 min - 25.1 mi
John F Kennedy International 53 min - 31.6 mi
Lauren Federgreen 908-965-8178 Rose Real Estate LLC
Lauren Federgreen 908-965-8178 Rose Real Estate LLC