254 Berkeley Ave, Newark City NJ 07107-1902

Property City
Newark City
Property Price
$650,000
MLS Status
Active
MLS #
4029419

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.

Basement
Yes
Days On Market
1
Basement (*text)
Yes
Cooling (*text)
See Remarks
Heating
Baseboard - Hotwater, See Remarks
Property Location

40.77227, -74.18313

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Units: Miles
Origin Coordinates
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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762