52 Holland St, Newark City, NJ 07103

$900,000
6
BD
2.5
BA

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List Price
$900,000
Price Change
▲ $151,000 1784756635
MLS#
4040635
Dom
8
Year Built
2024
Status
ACTIVE
County
Essex
City
Newark City
Bedrooms
6
Bathrooms
2.5
Baths Full
2
Baths Half
5
Acres
0.06

Property 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

Additional Information

Taxes
$3,999
Cooling
2 Units, Central Air
Exterior
Aluminum Siding, Brick
Garage Description
None
Heating
2 Units
Roof
Asphalt Shingle
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Garage Description
None

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Calculator source: Real Geeks

Listing Courtesy Of EXP REALTY, LLC, Contact: 347.243.7060

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