254 Berkeley Ave, Newark City, Essex 07107-1902
- $650,000
- $650,000
Overview
- Business Opportunity
- 5001 Sqft
Description
Exceptional opportunity to acquire a spacious institutional/commercial property located in the heart of Newark?s thriving Roseville section. This unique building offers expansive interior space featuring a large assembly hall, multiple offices, meeting rooms, classrooms, storage areas, and flexible-use space suitable for a variety of permitted uses.Positioned on a prominent corner with excellent visibility and accessibility, the property is conveniently located near major highways, public transportation, shopping, and residential neighborhoods. The layout and size provide endless potential for owner-users, nonprofits, community organizations, investors, or redevelopment opportunities.In addition, the adjacent property may also be available for purchase, creating a potential combined lot size of approximately 100 x 100. This presents a rare development opportunity for builders and investors seeking potential ground-up construction possibilities in a rapidly developing area. Preliminary concepts may support multiple residential units or new construction opportunities, subject to buyer verification, zoning approvals, and municipal approvals. 250-252 Berkeley Ave, Newark, Package dealBuyer to perform all due diligence regarding zoning, permitted uses, subdivision requirements, and future development possibilities.
Address
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Address: 254 Berkeley Ave
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City: Newark City
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State/county: Essex
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Zip/Postal Code: 07107-1902
Details
Updated on May 28, 2026 at 11:37 pm-
Property ID HZ4029419
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Price $650,000
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Property Size 5001 Sqft
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Property Type Business Opportunity
Additional details
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Utilities Electric, Gas In Street, See Remarks
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Sewer Public Sewer
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Cooling See Remarks
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Heating Baseboard - Hotwater, See Remarks
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County Essex
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Property Type Business Opportunity
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