Properties

Description

Attention Investors! Prime Investment Opportunity in North Newark! Discover this outstanding property featuring two commercial units alongside four fully occupied apartments. A fantastic chance to enjoy consistent returns in a bustling, high-demand location. With separate utilities and ample street parking, this gem sits perfectly in the heart of a thriving Business District. Owners enjoy the added benefits of the Mt. Prospect Partnership, which ensures private street cleaning and security services. The property is strategically located amidst doctor offices, law firms, retail shops, restaurants, a medical building, and a pharmacy, offering ample potential for growth and return on investment. Don't miss out on this prime opportunity!

Features

  • Heating System : 4+ Units, Radiators - Hot Water
  • Cooling System : No Cool
  • Basement : Unfinished
  • Roof Deck : Flat
  • Furnished : Tile, Wood, Laminate
  • Tax Assessed Valuation: 280000
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas In Street

Additional Info

  • Office Name: RE/MAX PROFESSIONALS I
  • Office MLS ID: 226401
  • Agent ID: 246607
  • Tax: 10648
  • Tax Year: 2024
  • Application Fee: $0
  • Zoning: BUSINESS

Commercial For Sale

For Sale
$1,400,000

642 Mount Prospect Ave, Newark City, *

  • SQFT 37.60 Acre
  • Built Year 9999

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5346475
  • Price: $1,400,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 9999
  • Year Built Description: Unknown
  • Lot Area: 37.60 Acre
  • Status: Active
  • Days On Market: 1

Contact Agent

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: Mount Prospect Ave
  • Street Number: 642
  • Street Direction: Between Elwood Ave ad Heller Pkwy
  • Floor Number: 0
  • Longitude: W75° 49' 58.9''
  • Latitude: N40° 46' 26.8''
  • Internet Display Address: No
Property