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
294 Park Ave, Newark City NJ 07107-1635
Property City
Newark City
Property Price
$650,000
Year Built
2001
Tax Annual Amount
$10853
TaxYear (*text)
2025
Roof (*text)
Flat
Floors No
Tile, Wood
Lot Size Area
0.05
MLS Status
Active
MLS #
4020187
Yearly Tax Rate
3.999
Year Built (*numeric)
2001
Basement
Yes
Roofing (*text)
Flat
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
2 Units, Central Air
GarageSpaces
0
Heating
2 Units, Forced Hot Air
Lot Size Dimensions
20.3X105.3
Data import from
GSMLS
