NJ
Essex
Newark City
07107
254 Berkeley Ave
254 Berkeley Ave, Newark City, NJ 07107
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Listing Type
Commercial/Industrial
Listing Status
Active
4
$650,000

Home Details for 254 Berkeley Ave

Price
$650,000
Type
Commercial Sale
County
Essex
Basement
Finished, Full
Days on site
12
MLS Listing#
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.

Property Features
  • Heating Information
    • Baseboard
    • Natural Gas
  • Basement
    • Finished
    • Full
  • Water Features
    • Public
Listing Courtesy: REALTY ONE GROUP SUNRISE - 201-265-7000
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EXIT GOLDEN REALTY GROUP
50 Midland Ave, Kearny, NJ 07032
Office
201 997 4425
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