Prime Location in North side of Newark with 3 store front and over 5500 sqft. One story building with parking with 3 active businesses. Businesses are 1 grocery store, 1 flowers/gift shop & Nutrition/ restaurant.
Full basement for rent - over 1,400 sqft. Front entry door for easy access.
Beautifully renovated third floor commercial space offering over 600 sqft, bathroom, kitchenette area, separate office area, and front reception area. Brand new finishings throughout including floors, bathrooms, lighting, and more! Spotless and ready to go! Permitted for use as Doctor's office, attorney, spas, dentists, professional services etc. Central alarm and surveillance camera already installed.
First floor commercial space offering over 1,100 sqft! Brand new finishings throughout including floors, bathrooms, lighting, and more! Spotless and ready to go! Permitted for use as Doctor's office, attorney, spas, dentists, professional services etc. Central alarm and surveillance camera already installed.
Commercial space for rent aprox 1400 sq ft used to be a bakery for over 30 years perfect corner property perfect for any retail or office use.
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.
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.
location location highway 280 exit 13 right into this property this building has full basement and owner is operating auto parts shop and hardware shop together seller is retiring
The median home value in Newark, NJ is $420,000. 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 $420,000. 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 has a population of 306,247. Newark is less family-centric than the surrounding county with 22.75% 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 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 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.