Newark NJ Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Year built:
1900
Baths:
5.00
MLS#:
3924772

ADDITIONAL INFORMATION

Prime 4-Unit Mixed-Use Property in Newark, NJ. High-Income Potential! This versatile mixed-use property offers incredible income opportunities in a highly desirable location. On the first level, there are two commercial spaces: one previously used as a hair salon and the other currently rented for $1,400/month.The second level features two newly renovated 3-bedroom apartments, both boasting fresh paint and new flooring. One unit is currently rented under market value to excellent tenants for $1,700/month, while the other is vacant and move-in ready. Both residential and commercial units have separate meters, providing ease of management. The property also includes new water heaters and a full unfinished basement, offering extra storage or expansion potential. With great tenants in place and an unbeatable location, this property is a smart investment with plenty of upside.

Type:
Other
Sq.Ft.:
5,200
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Baths:
4.00
MLS#:
3913276

ADDITIONAL INFORMATION

Welcome to what I call the deal of the year! Don't miss out on this fantastic opportunity to own two properties for the price of one. The first property is a beautifully updated two-family home, featuring 3 bedrooms and 1 bath on each floor, with separate utilities for each unit. The second property is a fully updated bi-level event space, equipped with central air and separate utilities. This versatile space includes 2 baths, with the potential to add a third bath upstairs. Located close to shops, highways, and Newark Penn Station, this unique offering provides the perfect chance to own two income-producing properties. Don't miss out on this exceptional investment opportunity! There is an event Space and a two family property being sold together. The event space is operational. Buyer Responsible for C/O to close but seller can help as well. Two family will be delivered vacant

Type:
Other
Sq.Ft.:
1,800
Status:
Active
Beds:
n/a
Lot size:
0.03 Acres
Baths:
2.00
MLS#:
3911709

ADDITIONAL INFORMATION

Renovated place of Worship with a basement in the middle of everything. Close to all transportation

Type:
General Commercial
Sq.Ft.:
6,000
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
2006
Baths:
5.00
MLS#:
3910043
Subdivision:
Clinton

ADDITIONAL INFORMATION

upcoming location in upper clinton with new developments from the city to local developers will bring in more activity for the business and residential leases.multi-unit building

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.05 Acres
Baths:
2.00
MLS#:
3904481

ADDITIONAL INFORMATION

Commercial building with a grocery store and an apartment with 3 bedrooms all renovated currently vacant.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Baths:
MLS#:
240008278

ADDITIONAL INFORMATION

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
2024
Baths:
5.00
MLS#:
3880865

ADDITIONAL INFORMATION

Uncover a remarkable investment potential in Newark! This BRAND NEW MODERN PROPERTY is a mixed-use property features TWO 3-bedrooms with two bathrooms units and 1 adaptable commercial space. Nestled in a prime location. It presents an ideal blend of residential and commercial income possibilities. Whether you're a seasoned investor aiming to diversify or a newcomer seeking a stable investment, this property offers an alluring opportunity for growth. Enhanced by its proximity to urban amenities, transportation, and a vibrant community, seize the chance to optimize returns and broaden your investment portfolio in this thriving area. IT QUALIFIES FOR TAX ABATEMENT

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Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in Purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS Inc. Real estate listings held by brokerage firms other than this office are marked with the HCIDX. Inc. mark and the information about them includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting. Copyright 2024 Hudson County MLS. All rights reserved.



Newark Real Estate

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 07108 has a population of 306,247. Newark 07108 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 07108 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 07108 is 34.7 years.

Newark Weather

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.

Newark Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    54
    30-day change

Newark Schools and Demographics

Education near Newark, NJ

Metric City County
High School Graduates 76.98 86.67
College Degree - 2 year 5.88 6.13
College Degree - 4 year 15.98 36.65
Graduate Degree 3.42 10.56
Expenditures per Student 26,449 26,449
Students per Teacher 13.6 13.6

Elementary Schools near Newark, NJ

School Grades Students P/T Ratio ZIP
Avon Avenue School KG - 08 511 13.8 07108
Belmont Runyon Elementary School PK - 08 486 13.1 07108
Camden Street Elementary School PK - 08 593 10.6 07103
Miller Street School At Spencer PK - 08 468 11.7 07108
New Horizons Community Charter School KG - 05 479 13.7 07103
Newark Legacy Charter School PK - 05 610 12.4 07108
Peshine Avenue School PK - 08 664 11.1 07112
Quitman Community School PK - 08 554 10.4 07103
Thirteenth Avenue School Martin Luther King PK - 08 702 10.5 07103
University Heights Charter School PK - 08 547 9.9 07103
Wilson Avenue School KG - 08 890 14.1 07108

Middle Schools near Newark, NJ

School Grades Students P/T Ratio ZIP
Chancellor Avenue Annex KG - 02 114 07112
Early Childhood School Maple Avenue KG - 08 399 10.1 07112
Madison Avenue Elementary School PK - 05 424 12.7 07108
Newark Bridges High School: A Diploma Plus School 09 - 12 195 8.3 07103
Newton Street School PK - 08 427 11.3 07103
Roseville Avenue School KG - 04 154 7.4 07103
West Side High Scool 09 - 12 810 9.7 07103

High Schools near Newark, NJ

School Grades Students P/T Ratio ZIP
American History High School 06 - 12 436 10.1 07103
Bard Early College High School 09 - 12 300 11.5 07103
Central High School 09 - 12 766 8.8 07103
Malcolm X Shabazz High School 09 - 12 662 10.8 07108
Newark Early College High School 07 - 12 324 8.1 07103
People's Preparatory Charter School 09 - 12 370 10.9 07103
University High School 07 - 12 557 12.7 07108
Weequahic High School 09 - 12 483 11.5 07112

Ungraded Schools near Newark, NJ

School Grades Students P/T Ratio ZIP
* Fast Track Success Academy 07 - 12 88 17.6 07108
* Newark Innovation Academy 09 - 12 14 13.5 07108
* Newark Tech 09 - 12 737 13.4 07103
Eagle Academy for Young Men of Newark 06 - 12 155 8.6 07112
Girls Academy of Newark 06 - 12 86 7.2 07112
John F Kennedy School KG - 12 173 6.9 07103
Louise A Spencer Elementary School KG - 09 365 10.1 07108
Marion P. Thomas Charter School PK - 12 1,175 15.3 07103
N J Regional Day School - Newark 01 - 12 135 7.9 07112

Demographics near Newark, NJ 07108

Metric Zip Code City
Neighborhood Type Inner City
Population 306,247 852,720
Population Density 12,684 6,763
Median Age 34.7 37.8
People per Household 2.7 2.7
Median Household Income 41,335 67,826
Average Income per Capita 22,194 42,028