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Attention Investors! Discover an exceptional opportunity to develop in the highly sought-after Forest Hill Section of Newark. This mixed-use property features two combined lots: Lot 17 measures 25 x 130 and 25 x 60, while Lot 18 offers 25 x 150. The site includes an existing building currently and two fully rented apartments, along with a dedicated parking lot. Owners enjoy the added benefits of the Mt. Prospect Partnership, which ensures private street cleaning and security services. The property is strategically located amidst doctor offices, law firms, retail shops, restaurants, a medical building, and a pharmacy, offering ample potential for growth and return on investment. Don't miss out on this prime opportunity!
| DAYS ON MARKET | 1 | LAST UPDATED | 3/25/2025 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Newark |
| COUNTY | Essex | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | Newark |
|---|---|
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Vinyl Siding, Wood Siding |
| HEAT | Hot Water, Oil, Radiant |
| LOT | 3049 sq ft |
| SEWER | Public Sewer |
| STORIES | 3 |
| TAXES | 7191 |
| WATER | Public |
| ZONING | BUS |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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