• Property Type
  • Business Opportunity
  • 5001
  • Area Size

254 Berkeley Ave , Newark City, New Jersey 07107-1902

  • $650,000

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.

  • City: Newark City
  • State/county: Essex

Details

Updated on May 29, 2026 at 4:13 am
  • Property ID HZ4029419
  • Price $650,000
  • Property Size 5001
  • Property Type Business Opportunity

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