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254-256 Berkeley Avenue, Newark, NJ 07107

$650,000
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Under Contract
MLS#26018806
STATUSUnder Contract PROPERTY TYPECommercial - Investment

Property Description

Exceptional opportunity to acquire a spacious institutional/commercial property located in the heart of Newark's thriving Roseville section. This unique building offers expansive interior space featuring a large assembly hall, multiple offices, meeting rooms, classrooms, storage areas, and flexible-use space suitable for a variety of permitted uses.Positioned on a prominent corner with excellent visibility and accessibility, the property is conveniently located near major highways, public transportation, shopping, and residential neighborhoods. The layout and size provide endless potential for owner-users, nonprofits, community organizations, investors, or redevelopment opportunities.In addition, the adjacent property may also be available for purchase, creating a potential combined lot size of approximately 100 x 100. This presents a rare development opportunity for builders and investors seeking potential ground-up construction possibilities in a rapidly developing area. Preliminary concepts may support multiple residential units or new construction opportunities, subject to buyer verification, zoning approvals, and municipal approvals. 250-252 Berkeley Ave, Newark, Package dealBuyer to perform all due diligence regarding zoning, permitted uses, subdivision requirements, and future development possibilities.

254-256 Berkeley Avenue | MLS# 26018806

This commercial property located at 254-256 Berkeley Avenue, Newark, NJ 07107 is currently listed for sale with an asking price of $650,000. Search Newark real estate on www.joycerealty.com today.

Property Features

Property Type: Commercial - Investment
Basement: Yes
Basement: Finished
Heating: Baseboard, Gas, Hot Water

Feature Descriptions

Days on Site: 40
Utilities: SEPERATE Elec, SEPERATE Gas

Listed By / Shown By

Listing By

Agency Name: Realty One Group Sunrise
Agency Phone: 201-265-7000

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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