Type: Company
Price: $2,599,000
Location: Newark, New Jersey
Address: 219 Mt Prospect Ave #SRO Newark, NJ 07104
Zip: 7104
Condition: Used
For sale by: Broker
Agent: Rachel Aviv Silvera Realty Co.
INVESTORS!
CONTRACTORS! BUILDERS! 2024 Appraisal came back at 3.250M! Price stays the same! On a beautiful block just 2 min away from Branch Brook Park, and nearby 5 star rated schools, sits this Estate, Original stately home built with stone and rare rocks in 1910. It's approx. 9000 sqft on a double lot 59X105. In this Estate you will find
Excellent Opportunity for many different types of uses.
Currently used as an attorney's office. Perfect potentially for any type of professional office, including Doctors, Dentists, Attorneys, Insurance, Travel, and the potential for a Hair Styling Business. There may also be an opportunity for residential conversion/development. The property
consists of an open area, 6 private offices, and/or conference rooms. 2 nd floor storage area, and garage. The L-shaped lot makes the property more accessible and the garage is on Niagara St.
Parking, Storage
Introducing a rare investment opportunity in the Ironbound Section of Newark.
The original Ace Tool & Manufacturing Company located at the corner of Mulberry St & Emmet St. sitting on a 12,850 sqft lot. This beautiful building has been completely rebuilt into this stunning 4 level apartment building w/ a brand new 4th flr addition consisting
of 28 custom designed units, (22 two-bedrm 2 bath units w/ 620-797sqft; 5 one-bedrm units w/ 632-652sqft & 1 studio unit w/ 779sqft) for a grand total of 32,796 sqft -50 bedrms & 50 baths. Fully occupied w/ no vacanies! Building has New fire sprinkler system, large elevator, a garbage chute, and laundry facilities on each level that provide additional income.
Building has a large gym complete w/ 6 stations, mirror walls & TV. Parking lot consists of 16 parking spaces that brings in additional income. This unique building has 28 luxury apartments each unit includes fire rated entry doors, prewired Fiber Optics, custom built kitchens w/ stainless steel appliances (Microwave, Refrigerator,
& dishwasher, stove), quartz countertops, island/peninsula, large child-safety -sound proof windows, intercom system, Central Air & Forced Hot Air. Located near PATH, Train & Bus Station, Newark Airport, major highways, & Universities all within the same city.
Copyright © 2023 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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
High Visible High Traffic Location on White Horse Pike Corridor Leading Into Atlantic City Zoned Highway Commercial Approximately 8.86 /- Acres consisting of 5 lots Being Sold Together as a Package with possiblies for profitable business Buyer Responsible For All Approvals Block 805 Lot 3 approx 1.72 Acres Ebony Tree, Block 806 Lot 1 approx 2.54 Acres
