Description

This property is located in the center of the Ironbound District of Newark, featuring one commercial storefront and two residential apartments, all currently rented on a month-to-month basis. Each unit has separate utilities, offering easy management and maintenance. With a full basement for extra storage, this property provides flexibility for both business and rental income. The Ironbound District is known for its cultural diversity along with excellent dining and retail options. It's well-connected by public transportation, with easy access to Newark Penn Station and major transit lines to New York City. Newark Liberty International Airport and major highways are also just minutes away, adding to the convenience. This property offers a unique opportunity for investors or business owners looking to take advantage of a dynamic, well-connected location.

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Property information

Property type

Commercial Sale

Sub-type

Mixed Use

Annual taxes

$15,337

Days on market

626

Stories

2