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$700,000

Est. payment - /mo

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2,139 SqFt

Active

294 Park Ave Newark City, NJ 07107

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Isaac De Castro

idecastro@bhsusa.com +1(646) 626-7901

UPDATED:

09/19/2024 06:27 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,139 sqft

Price per Sqft $327

MLS Listing ID 3924989

Year Built 2001

Annual Tax Amount $10,117

Tax Year 2023

Lot Size 2,178 Sqft

Property Description

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!

Location

State NJ

County Essex

Zoning 4A

Rooms

Basement Full, Walkout

Interior

Heating Electric, Gas-Natural

Cooling Central Air

Equipment Appliances, Exhaust System, Kitchen Area, Restrooms - Public, Sign - Building, Smoke Detector, Sprinkler System, Storage Area(s)

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Electric, Gas-Natural

Roof Type Flat

Parking Type On-Street Parking

Building

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Listed by EXP REALTY, LLC

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Isaac De Castro

Real Estate Advisor | 3561456; 1750974; 10401278264

+1(646) 626-7901

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Isaac De Castro

294 Park Ave Newark City, NJ 07107

Isaac De Castro

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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294 Park Ave