Lim Bances, Listing Office: Lim Bances Realty
$10,000
closing credit¹
558 S 18th St Newark City, NJ 07103
Property details
About 558 S 18th St
Welcome to 558 S 18th St, a mixed-use property being sold along with 286-290 16th Ave. Offering two exceptional properties offering a prime opportunity for both business and residential investment. 558 S 18th St offers a full, unfinished basement with a spacious commercial unit on the ground floor, a 2-bredroom 2-bathroom apartment on the 2nd floor, and a 2-bedroom 1-bathroom on the 3rd floor. Conveniently located on the corner of 18th St and 16th Ave, this property enjoys prime visibility and accessibility, attracting both clients to the commercial space and residents seeking convenience and connectivity. Whether you're an investor seeking a lucrative income property or a business owner looking to establish a presence in a thriving community, this property presents an unparalleled opportunity. Don't miss out on the chance to own this exceptional mixed-use property, schedule a showing today and unlock its full potential.
Highlights
Summary
- MLS Number: 3902498
- Office Name: LIM BANCES REALTY
- Office Phone: (973) 232-5187
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$1,350,000
558 S 18th St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
2
Grove Street Elementary School
Public District PK-5
0.2 mi
•602 Grove St
2
Harriet Tubman Elementary School
Public District PK-6
0.4 mi
•504 S 10th St
2
University Elementary School
Public District PK-5
0.6 mi
•1 University Pl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,740. The majority of Newark City, NJ residents have income less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 558 S 18th St in Newark City, NJ and zip code 07103 in the West Ward neighborhood. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $1,350,000.
While more than 17 listings in Newark City, NJ in December 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 8 were sold below. In December 2024 in Newark City, NJ there were 10.8% more homes for sale than in November. The median list price of listings available in December 2024 was $440,000, while the average time on the real estate market was 31 days.