Description
The property is a one story, 22,000±sf commercial building on .6± acres of land strategically located on Johnson Ave in Newark, NJ. The property has frontage on the west side of three streets (Johnson Avenue, Peddie Street & Hawthorne Street).The property is suitable for a variety of uses including retail, warehouse, office, used car dealership and much more. Most recently the property was rented to a furniture showroom and warehouse retailer that had a lease of $8,000 per month NNN.
The property is situated on the corner of Johnson Avenue and West Peddie Street in Newark, NJ in the heart of Essex County. It is located at Exit 14 off Interstate 78, just 3 miles from Newark International Airport and the NJ Turnpike.
Documents
Auction Information
Property Information
* Requires confirmation of Online Agreement
Terms & Conditions
- Buyers Premium: 10% Buyers Premium based on the high bid.
- Closing: Sold in As-Is condition, no contingencies.
- Deposit Amount: $25,000 due at time of auction. DEPOSIT MUST BE IN THE FORM OF A BANK CHECK.
- Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
Inspection
By Appointment
Auction Information
Property Information
* Requires confirmation of Online Agreement
- Buyers Premium: 10% Buyers Premium based on the high bid.
- Closing: Sold in As-Is condition, no contingencies.
- Deposit Amount: $25,000 due at time of auction. DEPOSIT MUST BE IN THE FORM OF A BANK CHECK.
- Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
By Appointment