254 Berkeley Ave, Newark City, NJ 07107
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254 Berkeley Ave, Newark City, NJ 07107
254 Berkeley Ave, Newark City, NJ 07107
254 Berkeley Ave, Newark City, NJ 07107
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$ 650,000
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Under Contract

254 Berkeley Ave Newark City, NJ 07107

5,001 SqFt


UPDATED:

Key Details

Property Type Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 5,001 sqft

Price per Sqft $129

MLS Listing ID 4029419

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.

Location

State NJ

County Essex

Rooms

Basement Finished, Full

Interior

Heating Gas-Natural, See Remarks

Cooling See Remarks

Heat Source Gas-Natural, See Remarks

Exterior

Parking Features None, See Remarks

Utilities Available Electric, Gas In Street, See Remarks

Building

Sewer Public Sewer

Water Public Water, See Remarks

Others

Ownership Sole Proprietorship


Garden State MLS(GSMLS)
Listed by REALTY ONE GROUP SUNRISE
Kahdijah Bell Taylor
Kahdijah Bell Taylor

Sales Associate, Realtor | License ID: 1645950

+1(646) 872-9292 | realtorwithasmile@gmail.com

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254 Berkeley Ave