1 of 4

2 of 4

3 of 4

4 of 4

•  Media
• Map
• Street View

59-61 Wilson Ave
Newark, NJ 07105 North Ironbound

$2,179,000 USD

Apartments For Sale  •  6,105 SF

Property Details

• Property Type Apartments
• Total Building Size 6,105 SF
• Lot Size 0.11 AC
• Building Class C
• Year Built 1950
• Cap Rate 6.75 %
• Zoning C2

75 Transit Score

98 Walk Score

Property Flyers

Income_expense_59_Wilson_Ave

Financial Summary (Actual)

Net Operating Income: $147,045 USD (2022)

Cap Rate:	6.75 %
Total Expenses:	$38,955 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Claudia's Hair Salon
Maria Ricas Hair Salon

Amenities

• Balcony
• Deck

Public Transportation

Commuter Rail	Drive	Walk	Distance
Newark Penn Station (Broad Street Station - Newark Penn Station - NJ Transit Commuter Rail (NJ Transit), Grove Street - Newark Penn Station - NJ Transit Commuter Rail (NJ Transit), Newark Penn Station-World Trade Center - NJ Transit Commuter Rail (NJ Transit), North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit), Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit), Raritan Valley Line - NJ Transit Commuter Rail (NJ Transit))	2 min	-	0.8 mi
Harrison (Newark Penn Station-World Trade Center - Port Authority Trans-Hudson (PATH))	3 min	20 min	1.0 mi
Airport	Drive	Walk	Distance
Newark Liberty International	7 min	-	3.9 mi
Laguardia	39 min	-	19.1 mi
John F Kennedy International	48 min	-	27.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Surface
Included in Rent:	Yes