Do Real Estate on the Go!
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$1,990,000
-- Bed
3 Baths+ 3 half baths
4,791.6sqft lot
895-897 Broad St, Newark, NJ 07102
$1,990,000
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Land
Built in -
$-- HOA
4,791.6 sqft lot
$415/sq.ft
Description
LOCATION, LOCATION, LOCATION!Located directly across from Newark Town Hall, this rare investment opportunity is ideal for builders and investors looking to capitalize on one of the most desirable commercial streets in the city. The property is currently home to a Crown Fried Chicken (owned by the seller) and a nail salon, which generates $4,000 per month in rental income. However, the property can be delivered fully vacant, providing maximum flexibility for the buyer to reimagine its use. Per the seller's claims (buyer to conduct their own due diligence), the zoning allows for the construction of up to four floors plus a ground floor, which could accommodate 12 residentia...
Continue Reading- Houzeo last checked: 14 Minutes ago
- Listing updated: February 10, 2025 at 2:25 pm
- Listing Provided by: MASHA LANDKOF | REAL (855) 450-0442
- Source: Garden State MLS-NJ | MLS#: 3943045
Property Details
Status
Active
Type
Land
No. of Stories
2
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
4,791.6 sqft lot
Basement Area
- sqft
MLS Name
Garden State MLS
MLS Number
3943045
MLS Status
Active
Days on Market
499
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