PACKAGE DEAL: Brand New Building is being sold with 529-531 Mulberry St., Newark NJ 07114 for the price of $14,000,000 for total 35 units. Introducing a rare investment opportunity in the desirable Ironbound Section of Newark were the going rates for apartments are $2600-$3200 monthly. This beautiful building is being finished with 4 floors of apartments consisting of 19 custom designed units, (14 two-bedrm 2 bath units; 1 two bedrm 2 bath unit w/ private terrace & 4 one-bedrm units). Building has elevator, laundry facilities on each level, terrace with view to NYC, public bathroom,14 Garage enclosed parking spaces that provide additional income. Each unit includes fire rated entry doors with advanced technological door handles, prewired Fiber Optics, custom built kitchens w/ stainless steel appliances (Microwave, Refrigerator, dishwasher,& gas stove), quartz countertops, island/peninsula, large sound proof windows, intercom system, Central Air & Forced Hot Air and tons of closet space. There are apartments facing NYC with the view of the NYC SkyLine, & terrace apt is facing NYC. Located near PATH, Train & Bus Station, Newark Airport, major highways, & Universities all within the same city. All financials please see attached documents.
PACKAGE DEAL: Brand New Building is being sold with 166-168 Emmet St., Newark NJ 07114 for the total price of $14,000,000 total 35 Units. Introducing a rare investment opportunity in the Ironbound Section of Newark with apartment rental prices $2600-$3200. This beautiful building is being finished with 4 floors of apartments and 1 retail store; consisting of 15 custom luxury designed units, (11 two-bedrm 2 bath units; 1 one-bedrm unit w/ & 3 studio units) and 1 ground floor retail space of 360Sqft -total of 23 bedrms & 28 baths. Building has elevator, laundry facilities on each level, parking consists of 8 Garage enclosed parking spaces that provide additional income. Building has a outdoor terrace facing the Business District of Newark with a half bathroom for all tenants to enjoy. This unique building includes fire rated entry doors with advanced technological door handles, prewired Fiber Optics, custom built kitchens w/ stainless steel appliances (Microwave, Refrigerator, dishwasher,& gas stove), quartz countertops, island/peninsula, large child-safety -sound proof windows, intercom system, Central Air & Forced Hot Air and tons of closet space. There are apartments facing NYC with the view of the NYC SkyLine. Located near PATH, Train & Bus Station, Newark Airport, major highways, & Universities all within the same city. All financials please see attached documents.
Approved zoning resolution to build a 5 story building for 24 - 2 bedrooms units. Garden apartment development, with a proposed parking garage on the ground level. Parking lot is optional as per the zoning resolution. Located in a great section of North Newark. Priced to sell quick. Seller is looking for a quick closing. Site plan and survey available upon request. No construction drawings or permits are included.
BUSINESS FOR SALE ONLYDO NOT APPROACH BUSINESS OWNER. AP $77,775GOI $103,042.34TOE $46,459.54NOI $56,582.80Price includes: business name, customer list, goodwill, business phone numbers, franchise rights, corporate stock, licenses/permits & IPPrice DOES NOT included: lease, office equipment, signs, fixtures, furnishings or office inventoryDO NOT APPROACH BUSINESS OWNER.Business Hours: M-F 8am-5pm, Sa 8am-4pmSeller financing available (downpayment required). DO NOT APPROACH BUSINESS OWNER.
This well-established legendary business located in the heart of a redevelopment renaissance. The property borders the city of East orange and is a 5-minute walk to the train station to New York. The establishment known for its grand sandwiches has been in business for over 50 years serving the community, also providing a bottle service class C liquor license it just doesn't get any better than this. The building is being sold -AS IS- buyer will be responsible for obtaining all city inspections.
Attention investors/developers - ready to build in prime location? 50 x 100 clear level buildable lot subject to city approvals. Zoned C-2. Buyer is responsible to perform due diligence for use/zoning/city approvals. Well located within close proximity to 78, NJ Turnpike, 1-9 and Newark Liberty International Airport. Also for sale MLS #24006765 - 1530 SF warehouse adjacent to vacant land located at 28-30 Clifton St.
Commercial building with a grocery store and an apartment with 3 bedrooms all renovated currently vacant.
Attention investors/developers - ready to build in prime location? 50 x 100 clear level buildable lot subject to city approvals. Zoned C-2. Buyer is responsible to perform due diligence for use/zoning/city approvals. Well located within close proximity to 78, NJ Turnpike, 1-9 and Newark Liberty International Airport. Also for sale MLS #3889484 - 1530 SF warehouse adjacent to vacant land located at 28-30 Clifton St.
Unisex, skincare, and massage therapy clinic. This business was established over 35 years ago. The owner is retiring and motivated to sell. This sale includes all the equipment, such as four therapeutic beds, a lymphatic drainage machine, an ultrasonic cavitation cellulite remover, a vacuette therapy cellulite treatment device, and a facelift machine. All equipment are in perfect condition and currently are been used.
Welcome to this pristine 6 family building, great for owner occupied or as an investment property. Very well kept and cared for, this unit is located at 54 Davenport Ave in Newark, NJ, just a few blocks from the beautiful Branch Brook Park and conveniently close to NJ Transit. Each of the six apartments boasts spacious eat-in kitchens, living rooms, 1 bedroom, and a full bathroom. Full finished basement with 3 separate entrances provides additional rooms, closets, full bath and storage. This building is equipped with 7 electric meters, 7 gas meters and a common basement area with laundry hook ups. Exclusive driveway and additional parking in the large yard area, ideal for extramonthly income. This home is a must-see! Strictly "As is" Schedule your showing today! Cap Rate: 6.4%
Ironbound section near pen station Legal 8 family home with 5- 3 bedroom apartments and 3- 2 bedroom apartments baseboard heat all separate utilities.
Calling all Investors! 746 S 14th Street located on Newark's West side is now being offered at $12.5M for purchase. This new construction 38 unit apartment complex consists of 3 stand alone buildings comprised of 1, 2 and 3 bedroom units. The building has 8 affordable units at 80% AMI. Completed in 2024, the complex offers 26 Parking Spots and sits on .68 Acres. The property has a 30 year tax pilot at fixed 10% and a 30 year rent control waiver. Cap rate is 6% and NOI $744,106.
Situated in downtown Newarek, One Theater Square is adjacent to everything residents could need: Whole Foods, Newark Penn Station, The NJ Performing Arts Center, The Prudential Center
Commercial property conveniently located at the corner of Alexander St and 18th Avenue. A total of four Commercal units, including two restaurants, a beauty salon, and place of worship. Fully occupied with tenants in good standing. Net operating income of $54,702
Commercial space on the ground floor and two apartments on top, 2nd floor consists of 3 bedrooms and 2 bathrooms and 3rd floor consists of 3 bedrooms 1 bathroom. Close to major highways, public transportation and shopping
Prime shared Office Space for Lease at 21 Bloomfield Ave, Newark! Are you ready to take your business to the next level? Look no further! Here's your chance to secure a premium office space at 21 Bloomfield Ave in the heart of Newark. This vibrant location offers a dynamic environment for entrepreneurs and professionals alike. Whether you're a solo entrepreneur, a growing startup, or an established business, flexible lease terms, making it easier for you to focus on what matters most " your business!
This property prime location is ideal, with high visibility and easy access to customers. The mechanic/ tie shop is all set and ready to start operating without delay. The additional commercial space can be customized to suit the needs of a new business owner, whether it be a convenience store, office or any other type of commercial venture. With loyal clients already expressing interest in the reopening of the property, There is a new potential for a new owner to step in and continue the successful operation of the business. The high ceiling and ample space provide endless possibilities for future expansion or renovations. Don't miss out this chance to own a profitable venture with plenty of room for growth and success.
The property consists of 2 lots, Being used as a mechanic shop. The property has many possibilities, this is a great location for redevelopment of residential apartments. This is being sold with 46 and 48 New York Avenue.
Welcome to 286 - 290 16th Ave, being sold as a bundle along with 558 S 18th St. A unique and versatile commercial property offering an exciting opportunity for entrepreneurs and investors alike. 286 - 290 16th Ave offers 4 spacious and versatile commercial spaces, perfect for a wide range of businesses, as well as a dance hall, patio, and outdoor kitchen. Don't miss out on the chance to own this exceptional property, schedule a showing today and unlock its full potential.
Welcome to 558 S 18th St, being sold along with 286-290 16th Ave. Offering two exceptional properties offering a prime opportunity for both business and residential investment. 558 S 18th St offers a full, unfinished basement with a spacious commercial unit on the ground floor, a 2-bredroom 2-bathroom apartment on the 2nd floor, and a 2-bedroom 1-bathroom on the 3rd floor. Conveniently located on the corner of 18th St and 16th Ave, this property enjoys prime visibility and accessibility, attracting both clients to the commercial space and residents seeking convenience and connectivity. Whether you're an investor seeking a lucrative income property or a business owner looking to establish a presence in a thriving community, this property presents an unparalleled opportunity. Don't miss out on the chance to own this exceptional mixed-use property, schedule a showing today and unlock its full potential.
Welcome to 286-290 16th Ave, being sold as a bundle along with 558 S 18th St. A unique and versatile commercial property offering an exciting opportunity for entrepreneurs and investors alike. 286-290 16th Ave offers 4 spacious and versatile commercial spaces, perfect for a wide range of businesses, as well as a dance hall, patio, and outdoor kitchen. Don't miss out on the chance to own this exceptional property, schedule a showing today and unlock its full potential.
6 APARTMENTS WITH FULL FINISHED BASEMENT AND PARKING FOR 5 CARS COMMON DRIVEWAY ( subject to seller finding another property)
The median home value in Newark, NJ is $389,500. This is higher 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 $389,500. 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 has a population of 282,803. Newark is less family-centric than the surrounding county with 22.83% 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 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 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.