194 Johnson Avenue Listing Details & Market Data

194 Johnson Avenue, Newark, NJ 07108

  • For Sale $3,600,000
  • 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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Yanni Marmarou

IPRG NJ

(718) 360-5059

Location

Getting Around

  • Walk Score ®

    Very Walkable (71)

  • Transit Score ®

    Good Transit (64)

  • Bike Score ®

    Bikeable (53)
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

  • 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

  • Bragman's Delicatessen

    0.88 miles

  • Soul Food Chess House

    1.04 miles

  • Flora Mediterranean Cafe

    1.36 miles

  • Tagliare

    1.37 miles

  • Custom Burgers

    1.38 miles

  • Sonic

    1.38 miles

  • New Garden

    1.38 miles

  • Wabi Sabi

    1.38 miles

  • The Deli

    1.38 miles

  • Nonna's Meatball Kitchen

    1.38 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

  • Wyonna's House

    1.90 miles

  • Concern Mom Soar On Eagle Wings

    2.75 miles

  • Little Scholars Playhouse

    5.86 miles

  • Sunshine

    5.91 miles

  • Future Generation Early Learning Center

    6.07 miles

  • Executive Baby

    6.09 miles

  • Elite Day Care LLC

    6.17 miles

  • Bright Beginnings Child Development Center & Early Intervention

    6.38 miles

  • Franciscan Sisters of St. Elizabeth School and Child Care Center

    6.69 miles

  • All About Kids

    6.95 miles

Contact Listing Broker

broker

Yanni Marmarou

IPRG NJ

(718) 360-5059