REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Joseph Burgos Burgos Realty Company
$ 1,490,000
Est. payment /mo
Active
415 Central AVE Newark, NJ 07018
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Res/Com Mixed
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25011355
Style Res/Com Mixed
Property Sub-Type Res/Com Mixed
Property Description
Prime Mixed-Use Investment Opportunity in the Heart of Newark! A rare mixed-use building with strong potential just moments from University Heights, Rutgers, NJIT, major hospitals, and Newark’s top entertainment hubs, including NJPAC and Prudential Center. This well-maintained, recently renovated asset features two spacious residential units—each with 4 bedrooms, 2 full baths, new central air, and forced hot air—ideal for tenants, student housing, or corporate use. The ground level offers approx. 3,000 SF of commercial space, formerly a lounge, with two bar setups and a flexible layout. Whether you’re an investor or entrepreneur, this is a blank canvas ready for your vision. Located in a high-traffic area with excellent transit access, this is a standout opportunity in one of Newark’s most dynamic neighborhoods. Key Highlights: Immediate occupancy, Two renovated 4BR/2BA units - current rent roll = $3,300 p/unit, 3,000 SF commercial space, Near major schools, hospitals, transit & entertainment.
Location
State NJ
County Essex
