294 Park Ave, Newark City, NJ 07107
- $650,000
- List Price
- $650,000
- MLS#
- 4020187
- Dom
- 89
- Year Built
- 2001
- Status
- ACTIVE
- County
- Essex
- City
- Newark City
- Subdivision
- North
- Acres
- 0.05
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
Additional Information
- Taxes
- $10,853
- Cooling
- 2 Units, Central Air
- Exterior
- Brick/Block, Vinyl Siding
- Heating
- 2 Units, Forced Hot Air
- Roof
- Flat
- Sewer
- Public Sewer
- Water
- Public Water
- Basement
- Yes
- Lot Description
- Level Lot
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Listing Courtesy Of WEICHERT REALTORS - HOME CITY, Contact: 201-293-6333
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