Commercial Sale in Newark City

$850,000

52 Holland St, 07103, Newark City

Commercial Sale for sale in Newark City, 52 Holland St, 07103

52 Holland St, 07103, Newark City

$850,000

7Bath
Type: Commercial Sale

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

Location

52 Holland St, 07103, Newark City

Data

Object TypeCommercial Sale
Purchase Price$850,000
Living Space0 m²
Plot Size242.81 m²
Bathrooms7
Construction Year2024
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeHeat Source: Electric, Gas-Natural, Heating Type: 2 Units
Primary Energy SourceN/A
Construction Year2024
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent