Newark City, NJ 07114,699-701 Frelinghuysen Ave
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Newark City, NJ 07114,699-701 Frelinghuysen Ave
Newark City, NJ 07114,699-701 Frelinghuysen Ave
Newark City, NJ 07114,699-701 Frelinghuysen Ave
Newark City, NJ 07114,699-701 Frelinghuysen Ave
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$ 1,450,000
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699-701 Frelinghuysen Ave Newark City, NJ 07114

11,650 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 11,650 sqft

Price per Sqft $124

MLS Listing ID 4003851

Annual Tax Amount $10,222

Tax Year 2024

Lot Size 4,356 Sqft

Property Sub-Type Mixed Use

Property Description

LOCATED NEXT TO NEW LIONSGATE STUDIO DEVELOPMENT! Prime Mixed-Use Commercial Building in Newark. Exceptional opportunity to own a mixed-use gem in the heart of Newark! This well-maintained building features a dynamic blend of commercial and residential spaces. The property includes a stylish cigar lounge on the ground floor, offering a unique and upscale amenity, along with a spacious warehouse space ideal for storage, logistics, or business operations. Above, you'll find six residential units, providing steady rental income and long-term investment potential. Located in a prime area of Newark, this property benefits from high foot traffic, excellent visibility, and proximity to public transportation, major highways, and Shopping centers. Whether you're looking to expand your investment portfolio or establish your business in a high-demand area, this building offers versatility, income, and location all in one. Highlights: One established cigar lounge. One large warehouse space. Six income-producing residential units Prime Newark location with excellent accessibility.

Location

State NJ

County Essex

Zoning Comm/Res

Interior

Heating Gas-Natural

Cooling See Remarks

Equipment Kitchen Area, Restrooms - Private

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Gas-Natural

Roof Type Flat

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


Garden State MLS(GSMLS)
Listed by EXP REALTY, LLC

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699-701 Frelinghuysen Ave