LOCATED NEXT TO NEW LIONSGATE STUDIO DEVELOPMENT! 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.
699 Frelinghuysen Ave, Newark City NJ 07114-1304
Property City
Newark City
Property Price
$1,450,000
Year Built
9999
Tax Annual Amount
$10222
TaxYear (*text)
2024
Roof (*text)
Flat
Lot Size Area
0.10
MLS Status
Active
MLS #
4003851
Yearly Tax Rate
3.803
Year Built (*numeric)
9999
Basement
No
Roofing (*text)
Flat
Days On Market
0
Basement (*text)
No
Cooling (*text)
See Remarks
Heating
See Remarks
Lot Size Dimensions
44.2X100
Data import from
GSMLS