Retail Space / New Jersey / Newark / 07108 / 502 Irvine Turner Boulevard

502 Irvine Turner Boulevard

Q: What is the asking price for 502 Irvine Turner Boulevard in Newark?

The asking price for 502 Irvine Turner Boulevard is $199,000

Q: What is the building size of this Retail property in Newark, NJ?

The size of the building/unit at 502 Irvine Turner Boulevard in Newark is 2,261 square feet.

Q: How much land does the Newark, NJ property at 502 Irvine Turner Boulevard include?

502 Irvine Turner Boulevard in Newark includes 0.050 acres of land.

Q: What kind of Retail is the propery at 502 Irvine Turner Boulevard?

The property at 502 Irvine Turner Boulevard Newark, NJ 07108 is listed as a Other Retail Retail property.

Q: What is the population within 1 mile of 502 Irvine Turner Boulevard?

The population within 1 mile of 502 Irvine Turner Boulevard Newark, NJ 07108 is 38,823 people.

Q: Who do I contact for questions about 502 Irvine Turner Boulevard?

You should contact the listing agent, Brian Murphy , for any details regarding this commercial listing.

Newark, NJ 07108

Listing ID: 281320

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Building Size: 2,261 SF

Lot Size: 0.050 AC

Land Size: 2,178 SF

Building $/SF: $88.01

Land $/SF: $91.37

Price

$199,000

Property Highlights

Supermarket is leased for $1,500 per month until 2024

2 bedroom, 1 bath apartment is currently leased to Section 8 tenant for $1,350 per month

Taxes $9,086.53 2020

Description

Price reduced on lender owned, mixed-use building for sale in Newark
Located in a Designated Opportunity Zone, a federal capital gains tax incentive which encourages private investors to support investments in designated low-income distressed communities

Attachments & Files

salebrochurel-32-qpo-Wc2.pdf

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Newark History of Retail Space for Sale

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Listing Demographics for 502 Irvine Turner Boulevard Newark, NJ 07108

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		38,823	336,584	814,584
Population Median Age		34	36	37
Population by Age	0-9 Yrs	6088 (15%)	46416 (13%)	110521 (13%)
	10-19 Yrs	5964 (15%)	44598 (13%)	105860 (12%)
	20-29 Yrs	5696 (14%)	53429 (15%)	122060 (14%)
	30-39 Yrs	5833 (15%)	50967 (15%)	119495 (14%)
	40-49 Yrs	5007 (12%)	46324 (13%)	109436 (13%)
	50-59 Yrs	4359 (11%)	40809 (12%)	103933 (12%)
	60-69 Yrs	3113 (8%)	29910 (8%)	77759 (9%)
	70+ Yrs	2762 (7%)	24129 (7%)	65521 (8%)

Median HH Income		$30,426	$41,823	$50,423
Total Household Income	< 24K	6440 (42%)	38288 (31%)	77980 (27%)
	25-49K	4196 (27%)	29874 (24%)	64759 (22%)
	50-74K	2033 (13%)	20192 (16%)	48089 (16%)
	75-99K	1036 (6%)	12668 (10%)	31540 (10%)
	100-199K	1210 (8%)	16502 (13%)	49804 (17%)
	200K+	163 (1%)	3136 (2%)	15115 (5%)

Highest Education Level	No Diploma	4930	45572	103472
	Diploma or GED	9182	78438	180559
	Some College	5471	43508	98807
	Assoc. Degree	1358	13076	30948
	Bachelors Degree	2546	27504	82536
	Higher Degree	691	13150	43939

Total Housing Units		18,236	138,981	320,376
--Owner-Occupied		2,829	32,111	95,308
--Renter-Occupied		12,249	88,549	191,979
Owner-Occupied Values	< 100K	193	2546	5772
	100-199K	994	9285	16524
	200-299K	764	10992	28272
	300-399K	524	5478	24601
	400-499K	217	1956	9513
	500K+	138	1854	10626

Total Working Age Population		28,744	263,300	640,171
In Work Force		17,489	170,886	417,421
Not In Work Force		11,255	92,414	222,750
Workforce Employed		14,863	151,853	381,181
Workforce Unemployed		2,627	18,842	35,777
Civlian Workforce		17,489	170,696	416,959
Military Workforce		0	190	462

Total Households		15,078	120,661	287,286
Family Households		8,675	73,952	183,283
Non-Family Households		6,403	46,709	104,004
Married Couple		2,936	34,676	99,189
Other Family		5,738	39,275	84,094
Married w/Child		1,281	15,821	45,210
Single Male w/Child		679	4,190	9,277
Single Female w/Child		2,913	16,536	34,291

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
New Jersey	8,414,350	+4	8,791,894	+4	9,132,700	+4	9,530,900
Bergen County	884,118	+2	905,116	+7	967,500	+7	1,031,500
Essex County	793,633	-1	783,969	+3	808,300	+3	829,800
Hudson County	608,975	+4	634,266	+12	708,100	+6	747,400
Morris County	470,212	+5	492,276	+3	509,100	+5	535,600
Union County	522,541	+3	536,499	+7	573,000	+6	605,600
New York	18,976,457	+2	19,378,102	+4	20,146,131	+2	20,604,030
Richmond County	443,728	+6	468,730	+3	481,351	+1	488,119

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 502 Irvine Turner Boulevard in Newark?

The asking price for 502 Irvine Turner Boulevard is $199,000

What is the building size of this Retail property in Newark, NJ?

The size of the building/unit at 502 Irvine Turner Boulevard in Newark is 2,261 square feet

How much land does the Newark, NJ property at 502 Irvine Turner Boulevard include?

502 Irvine Turner Boulevard in Newark includes 0.050 acres of land

What kind of Retail is the propery at 502 Irvine Turner Boulevard?

The property at 502 Irvine Turner Boulevard Newark, NJ 07108 is listed as a Other Retail Retail property

What is the population within 1 mile of 502 Irvine Turner Boulevard in Newark?

The population within 1 mile of 502 Irvine Turner Boulevard Newark, NJ 07108 is 38,823 people.

Who do I contact for questions about 502 Irvine Turner Boulevard?

You should contact the listing agent, Brian Murphy , for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Newark Liberty International Airport (EWR)	2
La Guardia Airport (LGA)	17
John F Kennedy International Airport (JFK)	22