This 4-story mixed-use building offers incredible potential for investors and visionary buyers alike. Located on a high-visibility, high-traffic street just minutes from downtown Newark and major landmarks like the Prudential Center, NJPAC, and municipal buildings, the property presents a canvas ready for transformation. The building features three residential units above, each with two bedrooms and one full bath, plus a former barbershop on the ground floor perfect for a commercial storefront or office space. All units require upgrades and renovation, giving new ownership the chance to reimagine and reposition the property for today's market. Delivered completely vacant at closing, this property offers flexibility and the opportunity to achieve strong market rents after renovation. Whether you're looking to build a rental portfolio, operate your own business, or both this is the one to see. Rents noted are suggested amounts.
Active
Price cut: $49K (8/1)
$650,000
113 Elizabeth Ave #0, Newark City, NJ 07108
--beds
4baths
2,700sqft
Est.:
Apartment
Built in 1920
-- sqft lot
$-- Zestimate®
$241/sqft
$-- HOA
What's special
- 58 days
- on Zillow |
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