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+19737380390
The Mountaintop Group
415 Central Ave, Newark City, NJ 07107
- $1,500,000
- List Price
- $1,500,000
- Days on Market
- 299
- Status
- ACTIVE
- MLS#
- 4024072
- Lot Size (Acres)
- 0.07
- Year Built
- 1935
Property Description
Fully leased, great multi-family building with two 4BR/2BA apartments and approximately 3,000 SF of prime ground-floor commercial space in the heart of Newark's University Heights District. The ground floor is a Kitchen/Restaurant with a three year lease. Positioned just minutes from Rutgers University, NJIT, Essex County College, major hospitals, and premier attractions like NJPAC and Prudential Center, this location enjoys strong foot traffic and excellent visibility. The surrounding area is dense with students, professionals, and daily commuters, offering a built-in audience. Prominent frontage along Central Avenue, steps from public transportation and major highways. Surrounded by colleges, hospitals, and downtown amenities in one of Newark's most dynamic and fast-growing corridors.
Additional Information
- Area
- Newark City
- Subdivision
- University Heights
- Basement Desc
- Bilco-Style Door, Partial, Storage, Unfinished
- Utilities
- Electric, Gas-Natural
- Taxes
- $12,784
- Subdivision
- University Heights
- Exterior
- Brick/Block, Vinyl Siding
- Lot Description
- Corner
- Water
- Public Water
- Basement
- Yes
- Cooling
- 3 Units, Central Air
- Roof
- Flat
- Show Address
- Yes
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Listing Courtesy Of COLDWELL BANKER REALTY, Contact: 973-464-1066
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