GREAT 2 FLOOR COMMERCIAL BUILDING USED AS A FOOD PANTRY, MEETINGS, ETC. CENTRAL LOCATION NEAR UNIVERSITY AND CLOSE TO ALL MAJOR HIGHWAYS. OFF STREET PARKING AVAILABLE. NO TAXES BECAUSE THIS PROPERTY IS OWNED BY A NOT FOR PROFIT & WILL NEED TO BE REASSESED.
Investors, seize the opportunity with this versatile mixed-use property at 294 Park Ave, Newark, NJ! Priced to sell, this property includes a commercial space (currently a restaurant in great condition) on the ground floor, plus a two-bedroom apartment above. Offering central air and heat, it's perfect for an income-generating investment. Located in a highly commutable area, increasing potential for expansion or redevelopment. Ideal for buyers looking for strong rental income or business opportunities!
Newly renovated commercial space in a prime, high-traffic location, perfect for retail businesses or small enterprises looking to expand. This space offers excellent visibility and is easily accessible, being close to major highways and bus routes. Ideal for attracting walk-in customers, this location provides a great opportunity for businesses to grow with an established clientele. The lease includes water, with all other utilities paid by the tenant. Don't miss out on the chance to secure your spot in this busy, high-demand area.
Approved 24 Unit Residential Building with 20 2 Bedroom Units, 4 1 Bedroom Units, 4 stories over parking Garage. Elevator, building to be built by Owner, at present vacant land. Close to light rail transportation. Plans are approved.
Attention Builders and Investors. Don't miss this opportunity to develop in Newark's sought-after North Ward, adjacent to historic Branch Brook Park. This C-2 Commercial Community zoned property spans approx. 12,501 sq.ft. over two expansive lots, offering versatile building possibilities. The thriving neighborhood is ideal for commercial or mixed-use development, with garage parking and high bulk zoning. Just a 4-7 minute walk to Silver Lake and Branch Brook Park Light Rail stations, with direct access to NYC Penn Station. Close to Newark Liberty Int'l Airport, major highways, and a short walk to Branch Brook Park's Cherry Blossom Festival, tennis courts, and more. Steps from Marshall's, Stop & Shop, Starbucks, and other popular spots. This is a prime location with significant foot traffic and excellent transportation links. Turn this property into a key anchor in Newark's vibrant North Ward. Schedule a tour and explore the potential of this lucrative investment.
Attention Builders and Investors! This is your chance to be part of an exciting development in one of Newark's most sought-after locations. Nestled in the heart of Newark's North Ward, adjacent to the historic Branch Brook Park, this property offers a unique opportunity to create a landmark development. Zoning-C-2 Commercial Community, approx. 12,501 sq.ft. lot, spanning two expansive lots. Centrally located in a thriving neighborhood, perfect for commercial or mixed-use development. Includes garage parking and high bulk zoning, offering versatile building possibilities. Just a 4-7 minute walk to Silver Lake and Branch Brook Park Light Rail stations, with direct access to NYC Penn Station. Close proximity to Newark Liberty Int'l Airport, major highways, and a short walk to Branch Brook Park, known for its annual Cherry Blossom Festival, tennis courts, and more. Steps away from Marshall's, Stop & Shop, Staples, Chase Bank, Starbucks, and other popular spots. This is an unparalleled opportunity to develop a commercial or mixed-use property in a prime location with significant foot traffic and excellent transportation links. Don't miss the chance to turn this property into a key anchor in Newark's vibrant North Ward. Schedule a tour and explore the potential of this lucrative investment!
Explore a promising investment opportunity at 601 N 6th St, Newark NJ. This property, ideally located just minutes from the highly desirable Branch Brook Park, offers substantial potential for savvy investors seeking to capitalize on Newark's thriving real estate market. This is a very well-maintained 6 unit apartment building that features 6 bedrooms and 6 bathrooms, complemented by moderate updates in some of the unit's kitchens and bathrooms. The building is a great opportunity for rental income for today and the future. Don't miss out on this opportunity to acquire a lucrative investment property in Newark's thriving real estate market.
This well-established legendary business located in the heart of a redevelopment renaissance. The property borders the city of East orange and is a 5-minute walk to the train station to New York. The establishment known for its grand sandwiches has been in business for over 50 years serving the community, also providing a bottle service class C liquor license it just doesn't get any better than this. The building is being sold -AS IS- buyer will be responsible for obtaining all city inspections.
Welcome to this pristine 6 family building, great for owner occupied or as an investment property. Very well kept and cared for, this unit is located at 54 Davenport Ave in Newark, NJ, just a few blocks from the beautiful Branch Brook Park and conveniently close to NJ Transit. Each of the six apartments boasts spacious eat-in kitchens, living rooms, 1 bedroom, and a full bathroom. Full finished basement with 3 separate entrances provides additional rooms, closets, full bath and storage. This building is equipped with 7 electric meters, 7 gas meters and a common basement area with laundry hook ups. Exclusive driveway and additional parking in the large yard area, ideal for extramonthly income. This home is a must-see! Strictly "As is" Schedule your showing today! Cap Rate: 6.4%
Mechanic shop for sale in R3 zone, fits multiple cars on lot plenty of space for parking. Zoned for mechanic shop or multi-family. Located in a great area! You don't want to want miss this! Property is being sold AS IS! 24-hr notice.
Welcome to a prime investment opportunity nestled in the vibrant heart of Newark! This historic building awaits your transformative touch, offering the potential to restore it into a lucrative cash-flowing property. With its central location and unique features, this property is a standout opportunity in the real estate market. This well-located gem boasts three spacious 3-bedroom, 2-bathroom units, each spanning approximately 1146 square feet, providing an ideal canvas for creating modern and desirable living spaces. The versatility of these units caters to a variety of tenant needs, ensuring broad appeal in the rental market. In addition to the residential units, the building includes a captivating storefront, spanning approximately 1070 square feet. This prime commercial space offers endless possibilities for entrepreneurs, retailers, or creative businesses looking to establish a presence in the heart of Newark. For your convenience, detailed building plans are available upon request, providing insight into the immense potential that this property holds. Whether you envision a stunning renovation or a strategic reimagining of the space, the possibilities are boundless. What sets this opportunity apart is its incredibly attractive pricing, significantly below market value. Seize the chance to add this beauty to your investment portfolio before it's too late. With the perfect blend of location, size, and potential, this property promises not only immediate value but also the prospect of long-term returns. Don't miss out on this rare opportunity to make a mark in Newark's real estate landscape. Act swiftly, and make this property the cornerstone of your portfolio. Contact us now to schedule a viewing and explore the boundless potential that awaits within this exceptional investment.
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 07107 has a population of 306,247. Newark 07107 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 07107 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 07107 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.