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Two story building. Close to New York and major highways.

$3,950,000

301-309 Mount Pleasant Avenue, Newark, NJ 07104

Active
Last Updated: 06/26/2024

18,600 sqft

Building Size

0.33 acres

Lot Area

Details:
Building Size:    18,600 sqft
Lot Area:    0.33 acres
Year Built:    1940
Zoning:    MX2
Floors:    2
CeilingHeight:    14
Heating:    Yes
Cooling:    Office Only
Description:

Two story building


Close to highway 280.  
One block from Mccarter highway. 


Close to New York and major highways. 

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Today's Available Mortgage Rates

301-309 Mount Pleasant Avenue, Newark, New Jersey 07104

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/06/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$14,198 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 56% LTV $0 Lender fees
Loan Amount $2,212,000 Loan Amount
Details
Bank*Lender #1459
7 Year Fixed
25 Year Amortization
Interest rate 6.07% 7 Year Fixed
Mo. Payment$13,578 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 53% LTV $0 Lender fees
Loan Amount $2,093,500 Loan Amount
Details
Bank*Lender #1459
10 Year Fixed
25 Year Amortization
Interest rate 6.07% 10 Year Fixed
Mo. Payment$13,578 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 53% LTV $0 Lender fees
Loan Amount $2,093,500 Loan Amount
Details
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