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699-701 Frelinghuysen Ave Newark City, NJ 07114
11,650 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 11,650 sqft
Price per Sqft $124
MLS Listing ID 3969713
Annual Tax Amount $10,222
Tax Year 2024
Lot Size 4,356 Sqft
Property Sub-Type Mixed Use
Property Description
Prime Mixed-Use Commercial Building in Newark. Exceptional opportunity to own a mixed-use gem in the heart of Newark! This well-maintained building features a dynamic blend of commercial and residential spaces. The property includes a stylish cigar lounge on the ground floor, offering a unique and upscale amenity, along with a spacious warehouse space ideal for storage, logistics, or business operations. Above, you'll find six residential units, providing steady rental income and long-term investment potential. Located in a prime area of Newark, this property benefits from high foot traffic, excellent visibility, and proximity to public transportation, major highways, and shopping centers. Whether you're looking to expand your investment portfolio or establish your business in a high-demand area, this building offers versatility, income, and location all in one. Highlights: One established cigar lounge. One large warehouse space. Six income-producing residential units Prime Newark location with excellent accessibility
Location
State NJ
County Essex
Zoning Commercial
Interior
Heating Gas-Natural
Cooling See Remarks
Equipment Smoke Detector
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block
Utilities Available Gas-Natural
Roof Type Flat
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by EXP REALTY, LLC