698-700 Dr Martin Luther King Jr Boulevard
698-700 Dr Martin Luther King Jr Boulevard
$750,000
—
7,531
7,531
$100
Description
Discover the potential of this historic mansion located in the heart of Newark. Situated amidst a vibrant neighborhood undergoing significant redevelopment, this property is surrounded by other revitalization projects reshaping the area. Formerly approved for 15 residential units in 2019, this property offers a unique opportunity for redevelopment. Sold as is, with the buyer responsible for resolution renewal, this expansive estate presents endless possibilities. Notably, previous approvals did not...Discover the potential of this historic mansion located in the heart of Newark. Situated amidst a vibrant neighborhood undergoing significant redevelopment, this property is surrounded by other revitalization projects reshaping the area. Formerly approved for 15 residential units in 2019, this property offers a unique opportunity for redevelopment. Sold as is, with the buyer responsible for resolution renewal, this expansive estate presents endless possibilities. Notably, previous approvals did not include parking provisions. Ideal for investors seeking to capitalize on the evolving landscape, this property is strategically positioned near public transportation, Newark University, and downtown Newark. Embrace the chance to reimagine and revitalize this iconic landmark in a burgeoning urban environment.
- Listed by Andres Ospina • Keller Williams Park Views • (201) 939-0050
Property Details for 698-700 Dr Martin Luther King Jr Boulevard
Style
Res/Com Mixed
Sub styleRtl/Apt
Location
LISTING UPDATED: 04/25/2024 09:17 AM
Property Details for 698-700 Dr Martin Luther King Jr Boulevard
Status | Active - Atty Revu |
---|---|
MLS # | 24005333 |
Days on Market | 77 |
Taxes | $9,463 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Mixed Use / Res/Com Mixed |
Year Built | - |
Lot Size | - |
County | Essex County |
Location
Building Information for 698-700 Dr Martin Luther King Jr Boulevard
Stories4Residences15Year Built-Lot Size-
Payment Calculator
$4,882 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 698-700 Dr Martin Luther King Jr Boulevard
Property History for 698-700 Dr Martin Luther King Jr Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 698-700 Dr Martin Luther King Jr Boulevard
Taxable ValueLand$51,900Additions$145,100Total$197,000
Tax Record2022$7,360 ($613 / month)
Home Facts
Beds0Total Finished SqFt2,310 SqFtAbove Grade Finished SqFt2,310 SqFtStories2Lot Size7,148 SqFtStyleSingle Family ResidenceYear Built1889CountyESSEXAPN14 00121-0000-00008
Schools near 698-700 Dr Martin Luther King Jr Boulevard
This home is within The Newark Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 8 | |||
Public - | PK to 8 |
Rating | School | Distance |
---|---|---|
Quitman Street School PublicPK to 8 | ||
American History High School Public9 to 12 | ||
South Street Elementary School PublicPK to 8 | ||
Cleveland Elementary School PublicPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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