294 Park Ave, Newark City, NJ 07107
294 Park Ave, Newark City, NJ 07107
294 Park Ave, Newark City, NJ 07107
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$650,000
Est. payment /mo
2,139 SqFt
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,139 sqft

Price per Sqft $303

Subdivision North

MLS Listing ID 4020187

Year Built 2001

Annual Tax Amount $10,853

Tax Year 2025

Lot Size 2,178 Sqft

Property Description

Prime Mixed-Use Opportunity on Busy Park Avenue Corridor. Don't miss this exceptional opportunity to own a versatile mixed-use property suited for both investors and owner-operators looking to start or expand their business. Strategically located on a high-traffic corridor near the Park Avenue Light Rail Station and just moments from Branch Brook Park, this property offers outstanding visibility and accessibility. The first floor features a fully equipped BBQ restaurant, ready for immediate operation, along with a basement that provides additional storage and utility space. The second floor offers a well-maintained three-bedroom apartment in excellent condition, featuring hardwood floors and HVAC, making it ideal for owner-occupancy or rental income. Perfect for generating multiple income streams while building long-term value in a thriving location

Location

State NJ

County Essex

Zoning 4A

Rooms

Basement Full, Walkout

Interior

Heating Electric, Gas-Natural

Cooling 2 Units, Central Air

Flooring Tile, Wood

Equipment Appliances, Exhaust System, Kitchen Area, Restrooms - Public, Sign - Building, Smoke Detector, Sprinkler System, Storage Area(s)

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Brick/Block, Vinyl Siding

Utilities Available Electric, Gas-Natural

Roof Type Flat

Building

Lot Description Level Lot

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

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Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by WEICHERT REALTORS - HOME CITY
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294 Park Ave