Business for Sale in Newark, NJ

  • Price: $750K
  • Listing type: For sale
  • Asset type: Business
  • Location: Newark, NJ 07107
  • Size: 4,716 SF
  • Year built: 1915

Description

Prime Mixed-Use Investment – 416–418 Park Avenue, East Orange, NJ Unlock exceptional value and long-term upside with this well-located mixed-use asset in the heart of East Orange’s growing Park Avenue corridor . This ±5,250 SF brick building , set on a ±6,250 SF lot , features two ground-floor retail storefronts , two residential apartments , three garages , and on-site parking . Built in 1915, the property blends historic character with flexible potential for repositioning, redevelopment, or stable income generation . Zoned for mixed-use , the property allows a combination of commercial and residential uses (subject to city approvals). With proximity to NJ Transit’s Brick Church and East Orange train stations , it offers excellent connectivity to Manhattan and key regional hubs. Offered at $825,000 , 416–418 Park Avenue presents an outstanding opportunity for developers, investors, or end-users looking to capitalize on the continued revitalization of this transit-oriented corridor. Sold in As-Is Condition. Property Overview: Address: 416–418 Park Avenue, East Orange, NJ Building Size: ±5,250 SF Lot Size: ±6,250 SF Zoning: Mixed-Use (Commercial + Residential Permitted) Year Built: 1915 Price: $825,000 Configuration: (2) Ground-floor retail storefronts (2) Residential apartments above (3) Detached garages + on-site parking Brick construction with flexible interior layouts Investment Highlights: Mixed-use zoning allows for commercial and multifamily redevelopment potential (verify with City of East Orange) Located within walking distance of NJ Transit Brick Church and East Orange stations Surrounded by active redevelopment, retail growth, and municipal investment initiatives Strong long-term upside in a transforming submarket Sale Conditions: Sold As-Is; no warranties regarding C/O or occupancy Seller to clear open taxes/water/sewer liens at closing No contingencies permitted Title insurance required through ANS Title Building SF: 4716 | Year Built: 1915 | Listing T

Market Context

This other in Newark, NJ is listed for sale at $750,000 across 4,716 SF ($159/SF). The building dates to 1915. It has been on the market for 39 days. Compare it against other other listings for sale in Newark, NJ — <a href="/search/sale/other/new-jersey/newark">view the full market</a>.

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