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$ 1,280,000
Est. payment | /mo
3,484 Sqft Lot
$ 1,280,000
Est. payment | /mo
3,484 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3985662
Year Built 2009
Annual Tax Amount $13,916
Tax Year 2022
Lot Size 3,484 Sqft
Property Sub-Type Mixed Use
Property Description
This is a great investment opportunity to own a mix-used building with high ROI in a nice neighborhood in Newark, NJ. The building was constructed in 2009 by current owner with a restaurant on first floor and three apartments (Studio, 1-bedroom, 2-bedroom) on second floor. The restaurant signed a 10 year lease, providing carryout and dine-in services. Apartments are newly painted and are rented now. Close to schools, hospital, parks, and airport. Easy access to major highways. Financial statements are available upon request.
Location
State NJ
County Essex
Zoning COM
Interior
Heating Gas-Natural
Cooling 4+ Units, Central Air, Multi-Zone Cooling
Flooring Tile, Wood
Equipment Appliances, Fire Alarm, Restrooms - Private, See Remarks, Sign - Building, Smoke Detector, Sprinkler System
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block, Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by WESTERN-EASTERN REALTY
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