140 South St, Newark City, NJ

$1,250,000

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3,300

Square feet

0.08

Acres

About 140 South St

This mixed-use property in the IRONBOUND section of Newark presents a FANTASTIC OPPORTUNITY for those looking to start their own business or invest in a rental property. It consists of two separate residential houses and one commercial unit currently operating as a restaurant and bakery. One of the houses consists of 2 large updated bedrooms and 2 bathrooms, while the other has 3 bedrooms and 1 bathroom. Both houses feature beautiful hardwood floors throughout, updated kitchens, central AC, in-unit laundry, parking, and a basement. The property is fully leased with great tenants. It is located in a mixed district business and residential area, just one block away from Route 21 and a 5-10 minute drive to Newark airport. Additionally, it is within walking distance of Newark Penn Station, making it a must-see property. PLEASE DO NOT DISTURB THE TENANTS.

Features of 140 South St

MLS® # 3867418
Price $1,250,000
Square Footage 3,300
Acres 0.08
Type Commercial
Status Active

Community Information

Address 140 South St
Subdivision IRONBOUND
City Newark City
County Essex
State NJ
Zip Code 07114-2790

Amenities

Utilities All Underground
Parking Spaces 3
Parking 2 Car Width, Driveway-Exclusive

Interior

Heating Gas-Natural
# of Stories 3
Has Basement Yes
Basement Finished, French Drain, Full, Walkout

Exterior

Exterior Brick, Vinyl Siding
Roof Asphalt Shingle

Additional Information

Date Listed September 30th, 2023
Days on Market 215
Zoning Mixed-Use

Listing Details

OfficeKELLER WILLIAMS PARK VIEWS
Office Contact201-939-0050

Listing Map

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