1040 Bergen St , Newark City, Essex 07112-3678

  • $329,000

Description

Prime Mixed-Use Investment Opportunity in the Growing Weequahic section of Newark, NJ. Discover the potential of this versatile mixed-use building, perfectly positioned in a rapidly developing South Ward. Featuring a ground-floor commercial space and two residential units above, this property offers a fantastic opportunity for investors, business owners, or those looking to add value through renovation. Main Floor: Spacious commercial unit with street frontage ideal for retail, office, or a boutique cafe . Upper Levels: Two residential units, perfect for rental income or live-work flexibility. Opportunity to Add Value: The property needs work, presenting the perfect chance for customization and increased equity. Prime Location: Situated in a high-growth area with rising property values, new developments, and strong rental demand. With the right vision and updates, this property can generate multiple streams of income and become a standout asset in your portfolio. Don’t miss this rare investment opportunity!As-Is ConditionSeller makes no warranties regarding C/O, outstanding Violations, OccupantsNo ContingenciesOpen/Outstanding Real Estate Taxes and/or Water/Sewer liens to be paid by Seller at ClosingANS Title required for Title Insurance

  • Address: 1040 Bergen St
  • City: Newark City
  • State/county: Essex
  • Zip/Postal Code: 07112-3678

Details

Updated on September 22, 2025 at 4:49 pm
  • Property ID HZ3952043
  • Price $329,000
  • Property Size 3600 Sqft
  • Land Area 0.05 Acres
  • Garage Size x x
  • Year Built 1920

Additional details

  • Roof Wood Shingle
  • Utilities Gas In Street
  • Sewer Public Sewer
  • Cooling Window A/C(s)
  • Heating 1 Unit
  • County Essex
  • Property Type Store With Apartment

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