FANTASTIC LOCATION, FORMER GAS STATION, AUTO REPAIR SHOP, TIRE SALES, MANY DIFFERENT POSSIBILITIES, POSSIBLE 16 UNIT BUILDING WITH VARIANCE FROM THE TOWN. BUSINESS INCLUDED IN SALE, TIRES MACHINE, LIFT AND TIRES INVENTORY, SELLER FINANCING AVAILABLE
Ideal location for those looking to branch off into their own small business with established clientele. Local to bus routes and local highways. Minutes away from Newark Airport.
Mixed-use storefront featuring +/- 1150 sf endcap retail space w/ 21' frontage and corner exposure to highly active traffic flow along Lyons Ave. Pre-existing open floor plan includes one restroom and private mezzanine office space. Tenants pays own utilities. Space heater/baseboard are heating types & wall AC for cooling. Basement storage available.
Neighborhood retail storefront offering +/- 1150 sf with approx. 21 ft road frontage & corner exposure along Lyons Ave county thoroughfare. Current open floor plan includes one restroom, private mezzanine office space and basement storage. Tenant pays own utilities. Space located in mixed-use building with occupied apartment upstairs. Note for proposed food service use - there is no in-place kitchen setup; tenant responsible for own equipment, installation and permit application process at own expense.
Approved 66 unit project and retail space. Plans on file. The owner has the construction drawings complete. Current use is 3 commercial units plus 2 apartments with parking in the rear. The property is ready for permitting. The owner is willing to lease 7000 sqft of commercial land with parking for $20 per sqft, it can also be divided.
Approved 66 unit project and retail space. Plans on file. The owner has the construction drawings complete. Current use is 3 commercial units plus 2 apartments with parking in the rear. The property is ready for permitting. The owner is willing to lease 7000 sqft of commercial land with parking for $20 per sqft, it can also be divided.
Outstanding investment opportunity in the heart of Newark, NJ. This multi-functional 2,381 square-foot property, located at 282 Chancellor Ave, is for sale and it's an asset you don't want to miss. Featuring a unique blend of two commercial units and one residential rental unit, this property is ideal for both seasoned investors and new entrants looking to make a mark in the commercial real estate market. The commercial spaces are versatile, catering to an array of business needs - from retail outlets to professional offices or service businesses. In addition, the property includes residential rental unit, with potential to split into 2 units. Perfect for attracting long-term tenants or offering a unique live-work arrangement.
The median home value in Newark, NJ is $257,700. This is lower than the county median home value of $375,600. The national median home value is $219,700. The average price of homes sold in Newark, NJ is $257,700. Approximately 19.42% of Newark homes are owned, compared to 65.83% rented, while 14.75% 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 07112 has a population of 282,803. Newark 07112 is less family-centric than the surrounding county with 22.24% of the households containing married families with children. The county average for households married with children is 30.7%.
The median household income in Newark, New Jersey 07112 is $34,826. The median household income for the surrounding county is $57,365 compared to the national median of $57,652. The median age of people living in Newark 07112 is 33.6 years.
The average high temperature in July is 86.3 degrees, with an average low temperature in January of 23.4 degrees. The average rainfall is approximately 48.5 inches per year, with 25.9 inches of snow per year.