52 Holland St, Newark City, NJ 07103

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List Price
$799,000
Status
ACTIVE
MLS#
4040635
Price Change
▼ $51,000 1789009453
Bedrooms
6
Bathrooms
2.5
Half-baths
5
County
Essex
City
Newark City
Year Built
2024

Property Description

Exceptional mixed use investment completed in 2024 with a 5 year tax abatement in place beginning in 2025. An outstanding opportunity for investors or business owners seeking a turnkey asset with long term value. Ground floor offers approximately 2,394 square feet of commercial space with extra high ceilings, expansive open areas, bar seating, a commercial kitchen, and multiple restrooms. Constructed across the full lot under grandfathered conditions, the space lends itself to a variety of permitted uses including restaurant, private event venue, office, medical, or professional services. The upper residence spans two levels and features 6 bedrooms, 2.5 baths, a spacious living area, and a large kitchen, making it ideal for owner occupancy, employee housing, or additional rental income. Built with modern systems throughout, the property includes HVAC, washer and dryer hookups, and a full sprinkler system. Schedule your viewing today

Additional Information

Exterior
Aluminum Siding, Brick
Basement
Yes
Garage
None
Water
Public Water
Sewer
Public Sewer
Fuel
Electric, Gas-Natural

Mortgage Calculator

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Listing Courtesy Of EXP REALTY, LLC, Contact: 347.243.7060