Residential Income in Newark

$850,000

52 Holland, 07103, Newark, NJ

Residential Income for sale in Newark, 52 Holland, 07103

52 Holland, 07103, Newark, NJ

$850,000

6Bed
7Bath
Type: Residential Income

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, 07103, Newark, NJ

Data

Object TypeResidential Income
Purchase Price$850,000
Living Space0 m²
Plot SizeN/A
Bathrooms7
Construction YearN/A
ConditionNot specified
Rooms13

Energy Information

No energy information available

Contact Agent

Listing Agent