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Olivia Hwang

Director of Operations

  • Cell 908-770-7701
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140 South St, Newark City, NJ – $1,250,000

  • $1.3M Price
  • 3,300 Sqft
  • .08 Acres
  • 227 DOM
  • $1.3M Price
  • 3,300 Sqft
  • .08 Acres
  • 227 DOM

140 South St

This mixed-use property in the IRONBOUND section of Newark presents a FANTASTIC OPPORTUNITY for those looking to start their own business or invest in a rental property. It consists of two separate residential houses and one commercial unit currently operating as a restaurant and bakery. One of the houses consists of 2 large updated bedrooms and 2 bathrooms, while the other has 3 bedrooms and 1 bathroom. Both houses feature beautiful hardwood floors throughout, updated kitchens, central AC, in-unit laundry, parking, and a basement. The property is fully leased with great tenants. It is located in a mixed district business and residential area, just one block away from Route 21 and a 5-10 minute drive to Newark airport. Additionally, it is within walking distance of Newark Penn Station, making it a must-see property. PLEASE DO NOT DISTURB THE TENANTS.

Essential Information

  • MLS® #3867418
  • Price$1,250,000
  • Square Footage3,300
  • Acres0.08
  • TypeCommercial
  • StatusActive

Community Information

  • Address140 South St
  • SubdivisionIRONBOUND
  • CityNewark City
  • CountyEssex
  • StateNJ
  • Zip Code07114-2790

Amenities

  • UtilitiesAll Underground
  • Parking Spaces3

Parking

2 Car Width, Driveway-Exclusive

Interior

  • HeatingGas-Natural
  • Has BasementYes
  • # of Stories3

Basement

Finished, French Drain, Full, Walkout

Exterior

  • ExteriorBrick, Vinyl Siding
  • RoofAsphalt Shingle

Additional Information

  • Date ListedSeptember 30th, 2023
  • Days on Market227
  • ZoningMixed-Use

Listing Details

  • OfficeKELLER WILLIAMS PARK VIEWS
  • Contact Info201-939-0050
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Listing information last updated on May 14th, 2024 at 11:18am EDT.