Properties

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

Features

  • Heating System : Forced Hot Air, 2 Units
  • Cooling System : Central Air, 2 Units
  • Basement : Full, Walkout
  • Roof Deck : Flat
  • Furnished : Tile, Wood
  • Lot Description: Level Lot
  • Tax Assessed Valuation: 271400
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural

Additional Info

  • Office Name: WEICHERT REALTORS - HOME CITY
  • Office MLS ID: 6171
  • Agent ID: 233455
  • Tax: 10853
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: 4A

Commercial For Sale

For Sale
$650,000

294 Park Ave, Newark City, *

  • SQFT 20.30 Acre
  • Built Year 2001

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5420907
  • Price: $650,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 2001
  • Year Built Description: Approximate
  • Lot Area: 20.30 Acre
  • Status: Active
  • Days On Market: 89

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Subdivision: North
  • Street: Park Ave
  • Street Number: 294
  • Street Direction: Off Bloomfield Ave to Park Avenue
  • Floor Number: 0
  • Longitude: W75° 48' 42.1''
  • Latitude: N40° 45' 34.5''
  • Internet Display Address: Yes
Property