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

(718) 360-5059

Property Details

  • Property Type Multi-Family
  • Property Size 11,500 SF
  • Units 13
  • Date Updated Apr 25, 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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Reach out to the broker for more info on lease terms and amenities

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

  • Terminal C

    1.57 miles

  • Taxi Newark Airport

    1.72 miles

  • P3

    1.80 miles

  • Washington Street

    1.89 miles

  • Terminal B

    1.91 miles

  • P2

    1.93 miles

  • Military Park

    1.94 miles

  • Arrivals Door 3, Level 2

    1.97 miles

  • Exxon

    1.68 miles

  • BP

    1.87 miles

  • Sunoco

    2.23 miles

  • Mobil

    2.24 miles

  • Lukoil

    2.51 miles

  • Speedway

    2.59 miles

  • Delta

    2.70 miles

  • Speedway

    2.82 miles

  • Wawa

    2.93 miles

  • Exxon

    3.14 miles

  • Newark Liberty Parking

    0.70 miles

  • Hertz Equipment Services

    0.81 miles

  • United Airlines Employee Parking

    0.92 miles

  • The Parking Spot Haynes

    1.06 miles

  • The Parking Spot 2

    1.27 miles

  • P4 Garage Daily Parking

    1.43 miles

  • P4 Garage Valet

    1.44 miles

  • Cell Phone Lot

    1.48 miles

  • Terminal C Parking

    1.70 miles

  • Nationwide Car Rental

    1.71 miles

  • Best Western Plus

    0.77 miles

  • Wyndham Garden Inn

    0.89 miles

  • Holiday Inn Newark Airport

    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

  • DoubleTree by Hilton Hotel

    1.54 miles

  • Courtyard by Marriott Downtown Newark

    1.66 miles

  • Marriott Newark Airport

    1.70 miles

  • ShopRite

    1.54 miles

  • Seabra's Market

    1.89 miles

  • Twin City Supermarket

    2.06 miles

  • Whole Foods Market

    2.11 miles

  • 70 Adams Street Plaza

    2.13 miles

  • Bonzão Supermarket

    2.14 miles

  • Seabra Foods

    2.25 miles

  • Food Depot Supermarket

    2.30 miles

  • Extra Super Market

    2.31 miles

  • SaveSmart

    2.40 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

(718) 360-5059