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Exciting opportunity! A mixed-use property with a single-family home, commercial space, and a 3-bedroom apartment offers versatility and potential for multiple income streams. First floor commercial space features approx. 10 rooms with mood lighting, tables, couches, office space, 2 bathrooms and kitchen. Moving up to the second floor, the three-bedroom apartment offers potential for residential living or additional rental income. There is also a 1 bedroom single-family home on same lot. Overall, the layout seems well-designed to accommodate a mix of commercial and residential needs. Corner property has ample parking with 20+ spots adds to the convenience for tenants or customers. With some investment and vision, this property could indeed be transformed into a thriving hub of activity. Previously a karaoke bar & restaurant, seller states township would also consider conversion to multi-family residential. Nonconforming use. SOLD-AS-IS. The buyer is responsible for CO. inspections and certification. All Information is deemed reliable but is NOT guaranteed. Buyers are responsible for verifying the accuracy of all information ?
Currently leased to a Sanitation company.Billboard on property also leasedClean Environmental
Approved for 24 units in the Ironbound. Ground floor parking garage with 24 spaces. Fifteen 1-bedroom plus office apartments and nine 2-bedroom apartments. Site plan available upon request. Full construction drawings and permits not included. Property currently contains four 25x100 warehouses that are rented with month-to-month tenants. UST have been removed and the site is clean.
This is an opportunity to open your dream restaurant everything included in the sale, located in the crown jewel of Newark, includes 2 apartments above, this is a highly desirable location with all modern dinning interior design from top to bottom, featuring a complete inventory list of tops of a line kitchen/restaurant equipment. Title work, title floors, high ceilings, and plentiful overhead lighting, indoor and outdoor seating area combination, outdoor bar with a feeling of tropical atmosphere Great accessibility to RT 1&9, 78, 21, and turnpike!!!!!!!!!!! to be sold as a package MLS3875415 and 3875420 and MLS 3875427
EXCELLENT MIX USED INVESTMENT OPPORTUNITY ARRIVE ON PRIME LOCATION! A STORE WITH GREAT EXPOSURE CURRENTLY LEASED TO A PIZZERIA(DELI)1600SQ FT WITH 1/2 BATH. RESIDENTIAL UNITS ON TOP. UNIT 2 FEATURES LIVING ROOM, DINING ROOM EAT IN KITCHEN AND 4 BEDROOMS,2 FULL BATH. WALK UP FULL SIZED ATTIC WITH VERY HIGH CEILINGS. FULL UNFINISHED BASEMENT WITH HIGH CEILINGS AND SEPARATE ENTRANCE. WOW NEW FURNACE ALL SEPARATE UTILITIES. 2 DETACHED CAR GARAGE,3 PLUS CAR DRIVEWAY. BRING YOUR ALL IMAGINATION HERE!!! MANY POTENTIAL!!!
Exciting Turnkey Restaurant/Cafeteria in Newark's Ironbound SectionAttention hard working entrepreneurs! Here's your chance to dive into an amazing opportunity in Newark's bustling Ironbound Section " a fully-equipped restaurant/cafeteria ready for your touch of success.Highlights:Prime Location: Situated in the heart of the lively Ironbound Section, this spot attracts a diverse crowd with its cultural richness and foot traffic.Ready to Roll: Walk into a fully-equipped space with top-notch kitchen gear and inviting furnishings " no need to start from scratch.Smooth Transition: Operational systems are in place, and there's a loyal customer base waiting for you. Take over hassle-free and start making your mark.Endless Possibilities: Whether you want to continue the current theme or try something new, the sky's the limit for success.Secure Lease: Enjoy peace of mind with a lengthy and transferable lease, giving you stability as you grow.Why This Opportunity?Gateway to Growth: Expand your existing business or start fresh with a solid foundation in the Ironbound Section's bustling marketCommunity Connection: Connect with locals who appreciate authenticity and quality " become a beloved part of the neighborhood.Strategic Advantage: With a prime location and fully-equipped setup, stand out from the competition and make your mark in Newark.Don't miss out on this opportunity. Dive into Newark's Ironbound Section and turn your passion into profit today!
Seize the opportunity to own two side-by-side mixed-use properties in the heart of Teaneck, New Jersey. These well-positioned buildings present a rare chance to acquire significant real estate assets in a bustling commercial district. Currently yielding a 6.81% cap rate, these properties offer substantial upside potential with projected rents that could increase the cap rate to approximately 9.85%.Both properties feature a blend of retail and residential units, creating a balanced income stream that leverages Teaneck's dynamic market dynamics. The commercial spaces are ideally suited for high-traffic businesses seeking visibility and accessibility, while the residential units appeal to a steady rental market, ensuring continuous occupancy.Invest in a location that stands the test of time, offering both immediate returns and long-term growth potential. These legacy buildings represent more than just an investment; they are a cornerstone for future generations to build upon.Ideal for savvy investors looking to expand their portfolio with stable, high-yield assets, these properties promise not only financial rewards but also the opportunity to own a part of Teaneck's vibrant community. Don't miss out on this incredible investment opportunity to buy into a location and legacy that will deliver returns for years to come.
Prime Commercial Opportunity! This spacious property at 66 Wilson Ave offers versatile options for investors and entrepreneurs alike. This property presents an ideal setting for a range of businesses. Situated in a bustling area of Newark, it enjoys high visibility and convenient access to major transportation routes. Don't miss out on this chance to make your mark in the heart of Newark's thriving commercial scene!
This value add offering consists of 2 Legal Properties, 30 W. Fort Lee Rd. and 42 W. Fort Lee Road. The subject properties contain approximately 6,766 SF of rentable space divided up into 10 separate units. The unit sizes are approximately 900 SF, 715 SF and 600 SF each. 1 of the 10 units has a 10 foot roll up door. Each unit pays their own heat/hot water and has a fully sprinklered basement. As of 3/8/24 there are 3 vacant units on site and the current monthly income is $9,650 per month. 4 of the units are month to month tenants Fully rented this asset should bring in approximately $14,150 per month without raising any of the rents on the month to month tenants in the property. Once fully occupied the Cap Rate at the list price should be approximately 8%. Bringing the additional month to month tenants rent to the market rate should increase the monthly gross income to approximately $15,550 per month bringing the cap rate up to 9.8%
Awesome mixed-use property located near shopping stores, mass transit, and highways with long-term tenants and in great condition.
Retail market downstairs has lease until March 2025, offices upstairs are month to month and can be delivered vacant.
9 Unit Apartment Building, Great Investment Opportunity, Located in the Heart of the Ironbound 1/2 Block from Ferry Street, Nine(9) 2 Bedroom Units, All Units with 1 Full Bathroom, Separate Utilities, Minutes Away from Newark Penn Station and Harrison PATH Station. Property being sold "AS IS"
Location, Location, Location, Corner building on one of the most desired areas of the Ironbound by Independence Park (Park dos mosquitos) Van Buren with Walnut St. In addition to a desired corner location, the building was been tastefully and completely renovated in 2014, 9 ft ceilings, all brand new, central ac/heat, Internet/phone/ cable ready, alarm system and cameras. 1st floor holds a bakery, 2 & 3rd floors have a large 3 bedrooms, 2 baths apartments w/ hardwood floors, granite counter tops and much more. Finished basement with full bath. very LOW TAXES. All separate utilities.
Shopping center for sale! Total of 17,000 SQ FT building, 41 Parking spaces, 9 stores, fully rented with long term leases all tenant on the triple net lease. Built in 2010, current tenants Dunkin. Dunkin Donuts, Spa, Laundromat, BBQ, Butcher, Grocery Store, and others. tenants pay all operating expenses & property taxes on top of rents Year net income $523,000.
Great investment opportunity inn the Ironbound. Four apartments and two stores on Ferry Street. Blocks for Newark Penn Station. All apartments are two bedroom, 1 bath. Commercal units include an electronics store and postal service center. All tenants on Leases and in good standing. Central air and heat. Separate utilities paid by the tenants.
INTRODUCING A RARE 7 UNITS INVESTMENT OPPORTUNITY IN THE IRONBOUND SECTION OF NEWARK. SEPARETE UTILITIES IIN THE BUILDING . A MUST ABSOLUTE SSE! LOCATION NEAR PENN STATION AND ALL MAJOR HIGHWAYS, SCHOOLS AND SHOPPING CENTERS.
Great opportunity to own over 10,000 square feet of wharehouse in the ironbound commercial Industrial area minutes from Port Newark, EWR, 1&9, turnpike, 78 and rt 21.NEGOTIABLE
Plenary Retail Distribution License for Sale. License Can go anywhere in Kearny Town with regular city ristriction Add license to your Deli or convenience Sotre for more profit.
Introducing a rare investment opportunity in the Ironbound Section of Newark located at the corner of Jefferson St & Walnut St. sitting on an 8000 sqft lot. This location allows for a 6 Fl building with the potential for 8 luxury apartments per floor and retail stores, & parking on the ground floor with convenient access to parking from Walnut and Jefferson Streets.This awesome location is near PENN Station and a short ride to NYC, houses of worship, shopping stores, bars and restaurants, Independence Park, Mass Transit on Walnut Street, and much more.
Outstanding Property! All Brick bldg. 2 office front stores, Have your business on 1st level and rent 2 apts upstairs.... 1st flr unit has 2 bedroom, liv. rm, din.rm EIK completely renovated, ceramic floors through-out.. 2nd unit features 3 bedrms, liv.rm din.rm, EIK, also, with ceramic flrs.. two large offices on ground flr can be use for a Pharmacy, landscaping, Electrical bus. Esthetician, any business that wants high visibility...This great bldg has been completely renovated, 4 unit air-conditioner, 4 unit furnace, tenants pay heat and all utlitiies, Brand new roof, 2 storage garage in back with plenty of parking space....
Mixed use property in great location. Retail not eh ground floor with two 2-bedroom apartments not he second floor. Separate utilities. Month to month tenants.
Fantastic mixed-use building in a convenient location with an income-producing bi-level apartment unit above commercial space. Oversized parking lot with the possible ability to expand and develop. New York City views from the property and close proximity to transportation, schools, shopping, etc.