Properties

Description

This versatile mixed-use property offers a unique investment opportunity in Newark?s thriving Springfield/Belmont neighborhood. The building features five units, including two ground-level commercial spaces currently operating as a grocery store and a convenience store, providing steady income potential. The residential component includes three well-maintained apartments: a spacious 3-bedroom, 1-bath unit, a comfortable 2-bedroom, 1-bath unit, and a studio apartment. Each residential unit boasts bright, airy living spaces with updated kitchens, creating an inviting and modern living environment. A finished basement completes the property.Strategically located near schools, parks, shopping, and dining options, the property is ideal for tenants seeking convenience and accessibility. Public transportation and major highways are easily accessible with public bus stops across the street, ensuring connectivity to downtown Newark and surrounding areas. Whether you?re looking to expand your portfolio or secure a property with diverse income streams, this location offers endless possibilities in a dynamic and growing community.

Features

  • Heating System : Baseboard - Hotwater
  • Cooling System : No Cool
  • Basement : Finished
  • Roof Deck : Flat
  • Tax Assessed Valuation: 206900
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas In Street
  • Internet

Additional Info

  • Office Name: KELLER WILLIAMS REALTY
  • Office MLS ID: 5328
  • Agent ID: 297275
  • Tax: 9999
  • Tax Year: 2023
  • Application Fee: $0
  • Zoning: Commercial

Commercial For Sale

For Sale
$699,000

74 Irvine Turner Blvd, Newark City, *

  • SQFT 25 Acre
  • Built Year 9999

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5329366
  • Price: $699,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 9999
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: Irvine Turner Blvd
  • Street Number: 74
  • Street Direction: Rt. 78 to Ridgewood Ave, Turn left onto Irvine Tur
  • Floor Number: 0
  • Longitude: W75° 48' 38.8''
  • Latitude: N40° 43' 55.9''
  • Internet Display Address: Yes
Property