1 / 30IDX ListingNewark, NJ · Active
415 Central Ave
$1,500,000
5,558 sqft
Description
Fully leased, great multi-family building with two 4BR/2BA apartments and approximately 3,000 SF of prime ground-floor commercial space in the heart of Newark's University Heights District. The ground floor is a Kitchen/Restaurant with a three year lease. Positioned just minutes from Rutgers University, NJIT, Essex County College, major hospitals, and premier attractions like NJPAC and Prudential Center, this location enjoys strong foot traffic and excellent visibility. The surrounding area is dense with students, professionals, and daily commuters, offering a built-in audience. Prominent frontage along Central Avenue, steps from public transportation and major highways. Surrounded by colleges, hospitals, and downtown amenities in one of Newark's most dynamic and fast-growing corridors.
Property details
- Type
- Store With Apartment
- Lot size
- 0.07 acres
- Lot dimensions
- 30X101.8
- Building size
- 5,558 sqft
- Year built
- 1935
- Subdivision
- University Heights
- Available area
- 5,558 sqft
- Price per sqft
- $269.88
- Units
- 3
- Offered
- For Sale
- Zoning
- Mixed Use
- Possession
- UPON CLOSING
- MLS #
- 4024072
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