Description
Prime Mixed-Use Investment Opportunity in the Heart of Newark! A rare mixed-use building with strong potential just moments from University Heights, Rutgers, NJIT, major hospitals, and Newarks top entertainment hubs, including NJPAC and Prudential Center. This well-maintained, recently renovated asset features two spacious residential units"each with 4 bedrooms, 2 full baths, new central air, and forced hot air"ideal for tenants, student housing, or corporate use. The ground level offers approx. 3,000 SF of commercial space, formerly a lounge, with two bar setups and a flexible layout. Whether youre an investor or entrepreneur, this is a blank canvas ready for your vision. Located in a high-traffic area with excellent transit access, this is a standout opportunity in one of Newarks most dynamic neighborhoods. Key Highlights: Immediate occupancy, Two renovated 4BR/2BA units - current rent roll = $3,300 p/unit, 3,000 SF commercial space, Near major schools, hospitals, transit & entertainment.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Prime Mixed-Use Investment Opportunity in the Heart of Newark! A rare mixed-use building with strong potential just moments from University Heights, Rutgers, NJIT, major hospitals, and Newarks top entertainment hubs, including NJPAC and Prudential Center. This well-maintained, recently renovated asset features two spacious residential units"each with 4 bedrooms, 2 full baths, new central air, and forced hot air"ideal for tenants, student housing, or corporate use. The ground level offers approx. 3,000 SF of commercial space, formerly a lounge, with two bar setups and a flexible layout. Whether youre an investor or entrepreneur, this is a blank canvas ready for your vision. Located in a high-traffic area with excellent transit access, this is a standout opportunity in one of Newarks most dynamic neighborhoods. Key Highlights: Immediate occupancy, Two renovated 4BR/2BA units - current rent roll = $3,300 p/unit, 3,000 SF commercial space, Near major schools, hospitals, transit & entertainment.
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