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$ 650,000
Est. payment /mo
Active
294 Park Ave Newark City, NJ 07107
2,139 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,139 sqft
Price per Sqft $303
Subdivision North
MLS Listing ID 4020187
Year Built 2001
Annual Tax Amount $10,853
Tax Year 2025
Lot Size 2,178 Sqft
Property Description
Prime Mixed-Use Opportunity on Busy Park Avenue Corridor. Don't miss this exceptional opportunity to own a versatile mixed-use property suited for both investors and owner-operators looking to start or expand their business. Strategically located on a high-traffic corridor near the Park Avenue Light Rail Station and just moments from Branch Brook Park, this property offers outstanding visibility and accessibility. The first floor features a fully equipped BBQ restaurant, ready for immediate operation, along with a basement that provides additional storage and utility space. The second floor offers a well-maintained three-bedroom apartment in excellent condition, featuring hardwood floors and HVAC, making it ideal for owner-occupancy or rental income. Perfect for generating multiple income streams while building long-term value in a thriving location
Location
State NJ
County Essex
Zoning 4A
Rooms
Basement Full, Walkout
Interior
Heating Electric, Gas-Natural
Cooling 2 Units, Central Air
Flooring Tile, Wood
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, Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Flat
Building
Lot Description Level Lot
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by WEICHERT REALTORS - HOME CITY