Property
Newark City, NJ 07107 294 Park Ave
$700,000
Presented By: EXP REALTY, LLC; 201-618-2125
Full/Half Baths • 0 / 1
SQFT • 2,139
Home Details
Investors, seize the opportunity with this versatile mixed-use property at 294 Park Ave, Newark, NJ! Priced to sell, this property includes a commercial space (currently a restaurant in great condition) on the ground floor, plus a two-bedroom apartment above. Offering central air and heat, it's perfect for an income-generating investment. Located in a highly commutable area, increasing potential for expansion or redevelopment. Ideal for buyers looking for strong rental income or business opportunities!
Presented By: EXP REALTY, LLC; 201-618-2125
Interior Features for 294 Park Ave
Bathrooms
Half Baths1
Other Interior Features
Price Per Sq Ft327.25
Available Sq Ft2139
BasementFull, Walkout
Fuel TypeElectric, Gas-Natural
Total Stories3
General for 294 Park Ave
ConstructionBrick/Block
CoolingCentral Air
CountyEssex
Days on Market
DirectionsI-280 E, take exit 13 L onto 1st St, then turn R onto Park Ave.Continue on Park Ave 0.5 miles.right at the intersection of Park Ave and N 7th St.
Documents AvailableNo Documents Available
DriveOn-Street Parking
EasementUnknown
Equipment AvailableAppliances, Exhaust System, Kitchen Area, Restrooms - Public, Sign - Building, Smoke Detector, Sprinkler System, Storage Area(s)
HeatingCent Register Heat
Leasable Area2139
LocationResidential Area
NumberOfUnitsTotal2
Percent OwnershipFee Simple
PossessionAt Closing
Property TypeRestaurant, Store With Apartment
Property TypeRestarnt
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount10117
Tax Assessed Value271400
Tax Lot81
Tax Year2023
Town #1614
TownshipNewark City
UtilitiesElectric, Gas-Natural
Year Built2001
Zoning4A
Exterior for 294 Park Ave
Building Area Total2139
Exterior DescriptionBrick/Block
Lot Dimensions20.3X105.3
Lot Size Acres0.05
Max Ceiling Height9
Max Door Height0
Number of Bays0
Number of Docks0
Water SourcePublic Water
Additional Details
Price History
Fabiane Farias
Associate