224 S Orange Ave Immeuble residentiel 9 lots 1 471 010 € (163 446 €/Lot) Taux de capitalisation 8,92 % Newark, NJ 07103

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use building located at 224 S Orange Avenue in Newark, New Jersey (“the Property”). The Property consists of a three-story mixed-use building containing nine (9) total units comprised of two (2) commercial units, and seven (7), 2-Bedroom/1-Bathroom units on a 0.09-acre parcel of land. The Property is well located along S Orange Avenue, one of the area’s primary commercial and commuter corridors, in a densely populated neighborhood Newark’s Central Ward. The Property is 0.2 miles from University Hospital and enjoys convenient access to several commuter rail stations including Newark’s Penn Station with direct service to Manhattan’s Penn Station, just 1.6-miles away. The Property is positioned along the municipal bus line and offers quick access to the Garden State Parkway, Interstates 280 and 78, and NJ Route 21, as well as area schools, national retailers, and Newark’s Central Business District. Newark is a suburb of New York City and is the county seat of Essex County within the New York metropolitan area. The densely populated area is 11-miles southwest of New York City.