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415 Central Ave

Newark City, NJ 07018
  • $1,489,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 3938068
$1,489,000
  • 8
    BEDS
  • 0.07
    ACRES
  • 4
    BATHS
  • 2
    1/2 BATHS
Type:
Multi-Family
County:
Area:

School Ratings & Info

Description

MIXED USED WITH MASSIVE COMMERCIAL SPACE - This mixed used previous lounge property offers unparalleled convenience, situated just minutes from the University District, Rutgers University, NJIT, and a renowned hospital. Meticulously maintained by the owner, the building features two beautifully renovated apartments, each offering 4 bedrooms, 2 full bathrooms, central air conditioning, and hot forced air for modern comfort. The former lounge boasts approximately 3,000 sqft!!!! of versatile commercial space, complete with two bar areas. It's a blank canvas ready to be customized for the next lucky entrepreneur or transformed into a thriving new business venture. Don't miss out on this incredible opportunity in a highly sought-after location!

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Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-01-17T06:46:49.83.
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415 Central Ave Newark City, NJ 07018

  • Price: $1,489,000
  • Status: Active
  • On Site: 33 Days
  • MLS #: 3938068
8
Beds
4
Baths
2
½ Baths
0.07
Acres
County:
Essex
Area:
Newark City
Property Description
MIXED USED WITH MASSIVE COMMERCIAL SPACE - This mixed used previous lounge property offers unparalleled convenience, situated just minutes from the University District, Rutgers University, NJIT, and a renowned hospital. Meticulously maintained by the owner, the building features two beautifully renovated apartments, each offering 4 bedrooms, 2 full bathrooms, central air conditioning, and hot forced air for modern comfort. The former lounge boasts approximately 3,000 sqft!!!! of versatile commercial space, complete with two bar areas. It's a blank canvas ready to be customized for the next lucky entrepreneur or transformed into a thriving new business venture. Don't miss out on this incredible opportunity in a highly sought-after location!
Exterior Features

Approximate Lot Size 30X101.8 Exterior Description Vinyl Siding Lot Description Corner Number Of Parking Spaces 0 Parking Driveway Description None Roof Description Flat

Interior Features

Basement Yes Basement Description Finished-PartiallyFull Cooling 3 UnitsCentral Air Heating 3 UnitsForced Hot Air Total Number Of Rooms 15 Unit1 Appliances Equipment See Remarks Unit1 Baths 2.0 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 0 Unit1 Room Description See Remarks Unit1 Rooms 2 Unit1 Security Deposit 0 Unit1 Sq Ft 3000 Unit2 Appliances Equipment Range/Oven - Gas Unit2 Baths 2.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsDining RoomKitchenLiving Room Unit2 Rooms 6 Unit2 Sq Ft 1000 Unit3 Baths 2.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsDining RoomKitchenLiving Room Unit3 Rooms 6 Unit3 Sq Ft 1000

Property Features

Assessment Total 319700 Building Assessment 277200 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 42500 Net Operating Income 0 Renovated Year 2024 Sewer Public Sewer Tax Amount 11918 Tax Rate Amount 3.728 Tax Rate Year 2024 Tax Year 2023 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 0 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 0 Unit3 Security Deposit 0 Utilities Gas-Natural Water Public Water Year Built Description Renovated

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 201-519-4739.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-01-17T06:46:49.83.
 
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Team Gio | RE/MAX Central
520 Rt 9 North
Manalapan NJ, 08527