$650,000
( )
 $3,489 est/mo Sourced by Back At You

294 Park Ave,Newark City, NJ 07107

Newark City, NJ 07107

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Description

Prime Mixed-Use Opportunity on Busy Park Avenue Corridor. Don't miss this exceptional opportunity to own a versatile mixed-use property suited for both investors and owner-operators looking to start or expand their business. Strategically located on a high-traffic corridor near the Park Avenue Light Rail Station and just moments from Branch Brook Park, this property offers outstanding visibility and accessibility. The first floor features a fully equipped BBQ restaurant, ready for immediate operation, along with a basement that provides additional storage and utility space. The second floor offers a well-maintained three-bedroom apartment in excellent condition, featuring hardwood floors and HVAC, making it ideal for owner-occupancy or rental income. Perfect for generating multiple income streams while building long-term value in a thriving location

Details

MLS #4020187
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2001
Days On Site178
Listing Provided ByWEICHERT REALTORS - HOME CITY | AUGUSTO VERISSIMO

Features

BasementY
Story(s)2
Zoning4A

Taxes

Property10853

Area Information

StateNJ
CountyEssex
CityNewark City
Zip Code07107
AreaEssex
Community NameNorth
Listing VS Median (in North)
Price:
$650,000
low | high
Med:
$0
On site:
178
low | high
Med:
Sourced by Back At You

Market Activity 07107

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Learn More About This Property

StateNJ
CountyEssex
CityNewark City
Zip Code07107
AreaEssex
Community NameNorth
Listing VS Median (in North)
Price:
$650,000
low | high
Med:
$0
On site:
178
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $487K - $812K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
272 N 7Th St Property Photo 1
$669,900
272 N 7th St
Newark City, NJ 07107
Listing Updated: October 3, 2026 at 10:21:44 AM PDT