194 Johnson Avenue

194 Johnson Avenue, Newark, NJ 07108

  • For Sale $3,600,000
  • Property Type Multi-Family
  • Property Size 11,500 SF
  • Units 13
  • Additional Rent Contact for pricing
  • Date Updated Jun 24, 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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Contacts

broker

Yanni Marmarou

IPRG NJ

Location

Getting Around

  • Walk Score ®

    71/100 Very Walkable

  • Transit Score ®

    64/100 Good Transit

  • Bike Score ®

    53/100 Bikeable
Powered by Walk Score ®
  • 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

  • Taxi Newark Airport

    1.72 miles

  • P3

    1.80 miles

  • Washington Street

    1.89 miles

  • Terminal A

    1.93 miles

  • Warren Street/NJIT

    2.00 miles

  • NJPAC/Center Street

    2.23 miles

  • Harriet Tubman Square

    2.33 miles

  • Atlantic Street

    2.39 miles

  • Speedway

    0.11 miles

  • Lukoil

    0.72 miles

  • Mobil

    0.80 miles

  • BP

    1.40 miles

  • Exxon

    1.52 miles

  • Valero

    1.64 miles

  • Tesla Supercharger

    3.45 miles

  • Greenspot

    6.68 miles

  • Newark Liberty Parking

    0.70 miles

  • Hertz Equipment Services

    0.81 miles

  • The Parking Spot Haynes

    1.05 miles

  • The Parking Spot 2

    1.26 miles

  • Lot 151

    1.26 miles

  • P4 Garage Daily Parking

    1.43 miles

  • P4 Garage Valet

    1.44 miles

  • Cell Phone Lot

    1.46 miles

  • Terminal C Parking

    1.70 miles

  • Nationwide Car Rental

    1.71 miles

  • Best Western Plus

    0.77 miles

  • Hampton Inn & Suites

    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

  • Holiday Inn

    1.42 miles

  • DoubleTree by Hilton Hotel Newark Airport

    1.54 miles

  • DoubleTree

    1.54 miles

  • Courtyard Downtown Newark

    1.66 miles

  • White Castle

    0.16 miles

  • Dunkin'

    0.71 miles

  • Kings Family Restaurant

    0.73 miles

  • Bragman's Delicatessen

    0.88 miles

  • Halal boyz

    0.92 miles

  • McDonald's

    0.92 miles

  • Soul Food Chess House

    1.04 miles

  • Margaret's Deli Restaurant

    1.20 miles

  • Wendy's

    1.21 miles

  • Applebee's

    1.21 miles

  • Belmont-Runyon Elementary School

    0.18 miles

  • Malcolm X Shabazz High School

    0.26 miles

  • Belmont Runyon Elementary School

    0.34 miles

  • William H Brown Academy

    0.53 miles

  • Peshine Avenue Elementary School

    0.54 miles

  • Miller Street Elementary School

    0.54 miles

  • Saint Charles Borromen School

    0.57 miles

  • Clinton Avenue Elementary School

    0.66 miles

  • Louise A Spencer Elementary School

    0.74 miles

  • Avon Avenue Elementary School

    0.82 miles

  • Brighter Tomorrows

    1.04 miles

  • Ironbound early learning Centre

    1.55 miles

  • Child Development Center

    1.81 miles

  • Wyonna's House

    1.90 miles

  • Kiddie College Campus Academy #2

    2.46 miles

  • Concern Mom Soar On Eagle Wings

    2.75 miles

  • Super Kids Academy

    3.37 miles

  • Growing Seeds Learning Academy

    4.60 miles

  • Little Friends

    4.80 miles

  • Little Scholars Playhouse

    5.86 miles

Frequently Asked Questions

How much does 194 Johnson Avenue cost?

The space currently listed for sale at 194 Johnson Avenue asks for $3,600,000.

What is the total square footage of 194 Johnson Avenue?

194 Johnson Avenue totals 11,500 square feet.

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Contact Listing Broker

broker

Yanni Marmarou

IPRG NJ