FANTASTIC LOCATION, FORMER GAS STATION, AUTO REPAIR SHOP, TIRE SALES, MANY DIFFERENT POSSIBILITIES, POSSIBLE 16 UNIT BUILDING WITH VARIANCE FROM THE TOWN. POSSIBLE REMEDIATION REQUIRED, CASH OFFERS ONLY, NEGOTIABLE, SELLER FINANCING AVAILABLE
FANTASTIC LOCATION, FORMER GAS STATION, AUTO REPAIR SHOP, TIRE SALES, MANY DIFFERENT POSSIBILITIES, POSSIBLE 16 UNIT BUILDING WITH VARIANCE FROM THE TOWN. POSSIBLE REMEDIATION REQUIRED, CASH OFFERS ONLY, NEGOTIABLE, SELLER FINANCING AVAILABLE
MOTIVATED SELLER. PRESENT ALL OFFERS WITH POF
This property presents a wonderful opportunity for entrepreneurs seeking a space for their nightclub or restaurant bar. The business includes a DJ section all the equipment 16 security cameras a separate entrance for the club and another for the restaurant and bar. Also as a juke box built in and pool table. It has a full basement and a separate men's and women's bathroom. full service kitchen- superior sound system- great dance floor and so much more. The property includes a grocery store that is in full operation and currently under rent. parking lot next door. Close to public transportation.
Newly renovated banquet hall being sold with its Plenary Retail Consumption liquor license! Currently Zoned C-1, this was Previously operating as a Caribbean restaurant, this space needed a facelift and that's exactly what it received. Over $300,000 of material/labor was put in to fully renovate the main level area, by investing in brand new floors, new added bathrooms with brand new flooring, wall tiles a brand new added bar with direct access to the kitchen, new higher ceilings with added lighting and chandeliers and a private office area next to the bar/kitchen, to name a few updates. This space is a homerun investment! Zoning C-1 includes: Dwelling, Above the Ground Floor of Retail, Office or Service Use, Child Care Center, Consignment Store, Finance, Insurance, Real Estate, or Securities Brokerage Consumer Services, Fresh Food Market, Furniture and Appliance Stores, Governmental (Non-Municipal), Laundromat, Municipal Uses, Personal Service Establishment, Place of Worship.
The median home value in Newark, NJ is $385,700. This is lower than the county median home value of $498,800. The national median home value is $338,100. The average price of homes sold in Newark, NJ is $385,700. Approximately 21.1% of Newark homes are owned, compared to 69.8% rented, while 9.11% are vacant. Newark real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newark real estate agent to arrange a tour today!
Newark, New Jersey 07106 has a population of 306,247. Newark 07106 is less family-centric than the surrounding county with 21.55% of the households containing married families with children. The county average for households married with children is 30.18%.
The median household income in Newark, New Jersey 07106 is $41,335. The median household income for the surrounding county is $67,826 compared to the national median of $69,021. The median age of people living in Newark 07106 is 34.7 years.
The average high temperature in July is 86 degrees, with an average low temperature in January of 22.7 degrees. The average rainfall is approximately 47.5 inches per year, with 26.1 inches of snow per year.