194 Johnson Avenue

For Sale

194 Johnson Avenue, Newark, NJ 07108

This Newark property for sale is located at 194 Johnson Avenue. The current listed sale price for 194 Johnson Avenue is $3,600,000.

Contacts

broker

Yanni Marmarou

IPRG NJ

Property Details

  • Property Type Multi-Family
  • Property Size 11,500 SF
  • Units 13
  • Additional Rent Contact for pricing
  • Date Updated Jun 24, 2024
Introducing a prime opportunity for investors to purchase newly renovated 13-unit apartment building at 194 Johnson Ave, Newark, NJ. This recently renovated approximately 11,500 SF building features 13 two & three bed units. With its timeless charm and excellent location between the Ironbound and Newark Airport, this property is an ideal investment in a thriving commercial market.• 8% going in cap rate. • All units are newly renovated with updated appliances, kitchens, bathrooms, flooring, etc. • 1-block from bus stop and 2 miles to Newark Penn Station. • Gas & electricity are individually metered. • Property is 100% leased with ability to increase rents 4% annually. • Rent Roll & Expenses attached.

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Getting around

  • 71/100

    Walk Score ®

  • 64/100

    Transit Score ®

  • 53/100

    Bike Score ®

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Location

  • City Newark, NJ
  • Neighborhood South Broad Valley
  • Zip Code 07108
  • Market New Jersey

Points of Interest

  • Newark Liberty Airport

    0.76 miles

  • P4

    1.41 miles

  • Taxi Newark Airport

    1.72 miles

  • P3

    1.80 miles

  • Washington Street

    1.89 miles

  • Terminal A

    1.93 miles

  • Warren Street/NJIT

    2.00 miles

  • NJPAC/Center Street

    2.23 miles

  • Harriet Tubman Square

    2.33 miles

  • Atlantic Street

    2.39 miles

  • Speedway

    0.11 miles

  • Lukoil

    0.72 miles

  • Mobil

    0.80 miles

  • BP

    1.40 miles

  • Exxon

    1.52 miles

  • Valero

    1.64 miles

  • Tesla Supercharger

    3.45 miles

  • Greenspot

    6.68 miles

  • Newark Liberty Parking

    0.70 miles

  • Hertz Equipment Services

    0.81 miles

  • The Parking Spot Haynes

    1.05 miles

  • The Parking Spot 2

    1.26 miles

  • Lot 151

    1.26 miles

  • P4 Garage Daily Parking

    1.43 miles

  • P4 Garage Valet

    1.44 miles

  • Cell Phone Lot

    1.46 miles

  • Terminal C Parking

    1.70 miles

  • Nationwide Car Rental

    1.71 miles

  • Best Western Plus

    0.77 miles

  • Hampton Inn & Suites

    1.16 miles

  • Courtyard Newark Liberty International Airport

    1.17 miles

  • Home2 Suites by Hilton Newark Airport

    1.22 miles

  • Fairfield Inn & Suites Newark Liberty International Airport

    1.25 miles

  • SpringHill Suites Newark Liberty International Airport

    1.30 miles

  • Holiday Inn

    1.42 miles

  • DoubleTree by Hilton Hotel Newark Airport

    1.54 miles

  • DoubleTree

    1.54 miles

  • Courtyard Downtown Newark

    1.66 miles

  • Superfresh Supermarket

    0.92 miles

  • Angelo's mini market

    1.02 miles

  • Save-A-Lot

    1.24 miles

  • Extra Supermarket

    1.30 miles

  • LYONS PLAZA

    1.54 miles

  • ShopRite

    1.54 miles

  • ShopSmart

    1.57 miles

  • Super Fresh

    1.59 miles

  • Selectos supermarket

    1.73 miles

  • SUPREMO Food Market

    1.82 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Yanni Marmarou

IPRG NJ