251 Broadway | Newark City

$1,250,000 | 6 Baths (6 Half) | 0.0 Sq. Ft.

AMAZING OPPORTUNITY TO OWN A 6 UNIT BUILDING IN A GREAT AREA OF NEWARK WITHIN WALKING DISTANCE TO STORES, TRANSPORTATION AND MORE. BUILDING CONSISTS OF A TRAVEL AGENCY, GROCERY STORE AND A RESTAURANT. THE UPSTAIRS CONSISTS OF 3 APARTMENTS WITH 3 BEDROOMS AND 1 BATH EACH. ALL UNITS ARE RENTED WITH THE EXCEPTION OF ONE WHICH HAS BEEN COMPLETELY RENOVATED AND IS IN MOVE IN CONDITION. ALONG WITH THE UNITS, THERE ARE 10 PARKING SPOTS IN A PAVED AREA BEHIND THE BUILDING, ALL OF WHICH CAN BE RENTED FOR ADDITIONAL INCOME. BEING SOLD AS IS. CASH WITH VERIFIABLE FUNDS NECESSARY WITH ALL OFFERS. GSMLS 3948309

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MLS Listing ID: 
GSMLS 3948309
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
9999
Living Area: 
0.0
Basement: 
Bilco-Style Door, Full
Construction
Construction Materials: 
Brick/Block, See Remarks
Roof: 
Flat
Exterior: 
Brick/Block
Energy Information: 
Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
6
Total Half-Bathrooms: 
6
Utilities
Information about utilities available on the property.
Heating System: 
See Remarks
Heating System Fuel: 
Gas-Natural
Cooling System: 
See Remarks
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.17
Lot Size (Dimensions): 
65X117
Waterfront: 
0
Lot Features
Driveway: 
Parking Lot-Exclusive, See Remarks
Parking Type: 
Parking Lot-Exclusive, See Remarks
Total Parking Spaces: 
10
Public Record
Parcel Number: 
1614-00564-0000-00031-0000-
Lot Number: 
31
Annual Tax: 
$16,980.00
Property Zoning: 
RES/COMM
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
2/28/2025
Contract Details
Details about the listing contract.
Inclusions: 
Building Only, See Remarks
Possession: 
AT CLOSING
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
NJ REO ASSET MANAGEMENT & REALTY,