Great opportunity for investment or owner occupant. Total rental 5 units, property in good condition, central Air, garage, driveway, backyard, easy access to transportation, school, supermarket, Near three major universities the New Jersey Institute of technology, Rutgers University Newark, and Seton Hall University combined with its easy access to medical centers and near Newark Liberty International Airport, an close to Newark Penn Station. LOW PROPERTTY TAXES.
This freestanding single-story commercial building with a basement offers a rare opportunity for business owners to purchase a property and start operating immediately in the highly desirable Ironbound section of Newark, NJ. Ideal for office use, the property allows you to run your business now while benefiting from future development potential.Included in the sale are city-approved plans to transform the property into a modern boutique three-family residential building, giving you the flexibility to maintain office operations or transition to a three-family rental building as the area continues to appreciate. Additionally, with city approval, you can convert the property into a mixed-use building, operating your business in one unit while renting out the remaining two units. The possibilities are endless, offering a perfect blend of immediate business use and long-term investment potential.This versatile property allows you to start generating cash flow now while setting the stage for future growth and development. With easy access to Newark Penn Station and Downtown Newark, this location is prime for expansion and opportunity.
Discover an exceptional development opportunity at 48 Elm Rd in the sought-after Ironbound section of Newark, NJ. This property comes with city-approved plans for transforming the existing commercial office space into a modern boutique three-family residence. The approved plans include a spacious 2,160-square-foot garage on the ground floor, complemented by an additional 365-square-foot outdoor patio area. The second floor features two units: Unit 201, a 2-bedroom, 2-bathroom apartment totaling 845 SF, and Unit 202, another 2-bedroom, 2-bathroom unit with 797 SF. The third floor boasts a luxurious 3-bedroom, 3-bathroom apartment with a den, office, living room, kitchen, and terrace spanning 1,697 SF. Key features of the development include Garage: On-site parking for 3 cars. Elevator: Convenient access from the ground floor to the rooftop. Rooftop Garden Lounge: A deck that can accommodate up to 20 people. High-End Finishes: Hardwood floors, central AC, energy-efficient lighting, and brand-new appliances in each unit. In-unit laundry: Each apartment includes a washer/dryer for added convenience. Private financing for acquisition and construction is available upon request. Whether you build and hold or sell the completed units, this project presents a promising opportunity for significant returns on investment. Located just minutes from Newark Penn Station, with easy access to NY Penn Station, it is a prime choice for developers ready to capitalize on the area's growth.
This is your opportunity to have a 8,500 sq feet warehouse in the heart of Ironbound section.
Welcome to your new home! This beautifully maintained 3-bedroom, 1-bath condo offers a perfect blend of comfort and convenience. Located in a desirable neighborhood, this unit features spacious living areas, abundant natural light, and modern finishes throughout.
Welcome to your new home! This beautifully maintained 3-bedroom, 1-bath condo offers a perfect blend of comfort and convenience. Located in a desirable neighborhood, this unit features spacious living areas, abundant natural light, and modern finishes throughout.
CALLING ALL BUYERS AND INVESTORS!!! This 2 family home located near Independence Park. The 1st floor offers a spacious eat-in-kitchen, living room, two bedrooms and full bath. The 2nd floor has eat-in-kitchen, living room, three bedrooms and full bathroom. There is an unfinished attic and basement. Nice back yard. Bring your buyers!!
Welcome to this two-unit house located in the heart of the Ironbound section of Newark. The property consists of five bedrooms, two bathrooms, an unfinished basement, and a five-car driveway. It is in a great location near public transportation, parks, shopping, and much more.
WELCOME TO THIS WONDERFUL 2 FAMILY HOUSE IN THE IRONBOUND SECTION OF NEWARK. 5 MINUTS DRIVE TO NEWARK PEN STATION, NEAR RESTAURANTS, SHOPPING AND SCHOOLS. THIS IS HOME FEAUTRES 2 BEDROOMS, 1 BATH,1 LIVING ROOM,1 KITCHEN, EACH APARTMENT. FINISHED BASEMENT WELL MAINTENANCE
Ironbound section near Newark Penn station. and all major highway port airport. 3 -2 bedroom apartments, 1 bathroom, living room, eat in kitchen. Wood ceramic & vinyl floors. All brick, new windows, separate utilities. Apartment 1 renovated lease rent $1,900.00. Apartment 2 not renovated month to month rent $700.00. Apartment 3 not renovated, month to month rent $650.00.
Ironbound section 6 apartments 4-1 bedroom & 2 2 bedroom apartments living room, eat-in- kitchen and bathroom 1000 sq feet garage with electric, water, sewer, connections. Full finished basement with 4 rooms and 2 bathrooms. Separate utilities. Wood and ceramic floors. Coin operated laundry with 2 washers and 2 dryers. All 6 apartments with HVAC units basement with hot water baseboard heat.
Ironbound section near Newark Penn station and all major highways. Total of 5 apartments 3-2 bedroom apartments & 2-1 bedroom apartment 1 bathroom, living room, eat in kitchen. Laminated & ceramic floors. All brick, new windows, separate utilities. Monthly rents $8,950.00 apartments renovated 2023. Yearly expenses $24,000.00
For sale are three vacant, paved lots at 233, 235, and 237 to 239 Oliver St, Newark, NJ, located in the Ironbound district. These fenced-in lots currently serve as parking for employees. The property is zoned MX-1, suitable for both commercial and residential use. Approved plans are in place for a 4-story building featuring 24 units (3 studios, 12 one-bedrooms, and 9 two-bedrooms) with a 19-space parking garage underneath.
For sale are three vacant, paved lots at 233, 235, and 237-239 Oliver St, Newark, NJ, located in the Ironbound district. These fenced-in lots currently serve as parking for employees. The property is zoned MX-1, suitable for both commercial and residential use. Approved plans are in place for a 4-story building featuring 24 units (3 studios, 12 one-bedrooms, and 9 two-bedrooms) with a 19-space parking garage underneath.
Discover an exceptional investment opportunity in the heart of the sought-after Ironbound area at 230 Jefferson St, Newark, NJ, 07105. This versatile 2,700 SFbuilding, renovated in 1979, presents a compelling prospect for retail or office use. Withtwo units offering flexibility for multi-tenant occupancy or an owner-user arrangement,this property is perfectly suited for a range of business ventures. Zoned for commercialuse, the property offers a strategic location within the dynamic South Ironboundmarket, ensuring visibility and accessibility. Don't miss the chance to capitalize on thisprime retail/free-standing building investment opportunity.
Calling all investors to this 3 family building located in the Ironbound, near Penn Station, and close to supermarkets and Ferry st. Located on a huge lot with potential!!
*The buyer is responsible for all City Inspections and Certificates. *The House is Selling AS IS
Great opportunity to take over an established Italian restaurant in the Ironbound. Great location, located at the corner of Adams St and Malvern St. The restaurant was completely remodeled in 2023. Majority of the equipment is less than 1 year old and still under warranty. All equipment is included in the sale. Equipment valued at $50k+ . All employees are willing to stay. The current owner is available to stay past closing to allow for an easy transition. Real estate is not included in the sale, only the business. Seller financing available. A breakdown of expenses and equipment is available upon request.
Looking for the perfect location to expand your retail business? Look no further! +/- 1600 SQFT of office/retail space available in prime location. 13' ceilings, high foot traffic, open floor plan,and additional storage space available. New construction building, projected to be ready for occupancy in October.
You now have an unbelievable chance to become the owner of this legal three-unit multi-family property. Spacious bedrooms, large living rooms and a complete mother daughter suite in the backyard are just some of the perks. This is a legal three family home with an additional mother daughter suite located in the backyard. Currently, there is $60,600 of rent being collected per year. As you walk into the primary unit on the second floor you are greeted with a huge living room, a renovated kitchen with an island, barnyard doors and a spacious attic. Situated in the desirable Ironbound section, it is minutes from major highways like Garden State Parkway, I-78, Route 22 & I-280. This property is located 5 minutes from Newark Penn Station and 10 from Beth Israel Hospital. While also being within 30 minutes from NYC! This property is ideal for both first time homebuyers looking to have tenants pay their mortgage and seasoned investors looking for a great return on investment. This multi-family qualifies for NJ's $22,000 down payment assistance and No Money Down mortgage programs.
Currently leased to a Trucking company and a Billboard on Property Clean Environmental Please DO NOT disturb tenants
Currently leased to a Trucking company and a Billboard on PropertyClean EnvironmentalPlease DO NOT disturb tenants
This is an opportunity to open your dream restaurant everything included in the sale, located in the crown jewel of Newark, includes 2 apartments above the restaurant, this is a highly desirable location with all modern dinning interior design from top to bottom, featuring a complete inventory list of tops of a line kitchen/restaurant equipment. Title work, title floors, high ceilings, and plentiful overhead lighting, indoor and outdoor seating area combination, outdoor bar with a feeling of tropical atmosphere Great accessibility to RT 1&9, 78, 21,turnpike GSP !!!!!!!!!!! TO BE SOLD AS A PACKAGE TOGHETHER WITH 2 HOUSES AND A 50 X 100 PARKING LOT APPROVED FOR 12 UNITS!!!!!!!!!!!!!!!!!!!!!
Nice single family colonial house, located in a desirable area of Ironbound Newark. First floor features: living room, eat-in-kitchen, pantry and bathroom. 2nd floor 3 bedrooms and full bathroom. Finished basement laundry area, storage space and 1/2 bathroom. Fenced back yard. This property is close to shops, restaurants, and the proximity of Newark Penn Station offers a quick commute to NYC, making it an easy and popular option for daily commuters, close to 280 Hwy, close to Route 1&9, Newark airport, Prudential Center, NJPAC, and Red Bull arena. Selling "As Is" .
Own a piece of the Ironbound's hot scene with this income-generating gem! This stunning 2-family home features fully renovated 2-bedroom units on both floors, perfect for you or tenants bringing in serious rental income. Unwind in your private backyard with access from both units, or utilize the full basement for extra storage. But the real perk? Stepping outside your door to the Ironbound's vibrant energy - trendy restaurants, shops, parks, and sizzling entertainment are all at your fingertips. This is the perfect blend of income opportunity and urban living - don't miss out!
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 07105 has a population of 306,247. Newark 07105 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 07105 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 07105 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.