73 Academy Street
73 Academy Street
$880,000
—
11,322
11,322
$78
Sold 11/27/23
Description
The property consist of a historic bldg & back bldg for a total of 4,496sf. The plans approved consist of a 6,826sf/4story addition for a total of 11,322sf. The new property conversion will offer 9 units residential apt bldg, 6 2BR, 2 1BR apt with a rooftop terrace and a 1288sf commercial space on the ground level. Please note this project doesn't involve demolition of any building. The 3story bldg on 73 Academy must remain as it is considered Historic. The property expands the entire block offering...The property consist of a historic bldg & back bldg for a total of 4,496sf. The plans approved consist of a 6,826sf/4story addition for a total of 11,322sf. The new property conversion will offer 9 units residential apt bldg, 6 2BR, 2 1BR apt with a rooftop terrace and a 1288sf commercial space on the ground level. Please note this project doesn't involve demolition of any building. The 3story bldg on 73 Academy must remain as it is considered Historic. The property expands the entire block offering entrances from Academy St & Raymond Blvd. This subject property is conveniently located in a redevelopment zone & next door to Newark's Washington Street light rail station, across the street from the Prudential building & within a mile of Newark's Penn Station, also within half mile from Rutgers Newark Campus, NJTI Campus, Prudential Center & University Hospital. This opportunity doesn't get any better at 9 total units w/ full approvals in a developing neighborhood of Newark.
- Listed by Andres Ospina • Keller Williams Park Views • (201) 939-0050
Property Details for 73 Academy Street
Style
Res/Com Mixed
Sub styleRtl/Apt
Location
LISTING UPDATED: 11/28/2023 12:06 PM
Property Details for 73 Academy Street
Status | Sold |
---|---|
MLS # | 22043965 |
Days on Market | 305 |
Taxes | $12,080 / 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 73 Academy Street
Stories5Residences8Year Built-Lot Size-
Payment Calculator
$5,809 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 73 Academy Street
Property History for 73 Academy Street
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 73 Academy Street
Taxable ValueLand$228,100Additions$251,900Total$480,000
Tax Record2021$14,039 ($1,170 / month)
Home Facts
Stories3Lot Size2,200 SqFtStyleMiscellaneous CommercialCountyESSEXAPN14 00069-0000-00002
Schools near 73 Academy Street
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 1 | |||
Public - | PK to 8 |
Rating | School | Distance |
---|---|---|
Quitman Street School PublicPK to 8 | ||
Arts High School Public9 to 12 | ||
Sir Isaac Newton Elementary School PublicPK to 1 | ||
Lafayette Street 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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