1040 Bergen St Newark City, NJ 07112

Other MLS #: 3952043 Courtesy Of NJ Metro Group LLC

Property InformationDescription

Prime Mixed-Use Investment Opportunity in the Growing Weequahic section of Newark, NJ. Discover the potential of this versatile mixed-use building, perfectly positioned in a rapidly developing South Ward. Featuring a ground-floor commercial space and two residential units above, this property offers a fantastic opportunity for investors, business owners, or those looking to add value through renovation. Main Floor: Spacious commercial unit with street frontage ideal for retail, office, or a boutique cafe . Upper Levels: Two residential units, perfect for rental income or live-work flexibility. Opportunity to Add Value: The property needs work, presenting the perfect chance for customization and increased equity. Prime Location: Situated in a high-growth area with rising property values, new developments, and strong rental demand. With the right vision and updates, this property can generate multiple streams of income and become a standout asset in your portfolio. Don't miss this rare investment opportunity!

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Building Units: 3
  • Floors: 3
  • MLSID: 3952043
  • Roof Type: Wood
  • Roof Type: Shingle
  • Rooms: Basement

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1040 Bergen St, Newark City, NJ 07112
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