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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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294 Park Ave , Newark City, NJ 07107
$650,000
Est. Payment: $3,307.98/mo
0 Bed
0 Bath
2139 Sqft
Status: active | Days on site: 89
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Susan Maryanski
Operator

House Description

Prime Mixed-Use Opportunity on Busy Park Avenue Corridor. Don't miss this exceptional opportunity to own a versatile mixed-use property suited for both investors and owner-operators looking to start or expand their business. Strategically located on a high-traffic corridor near the Park Avenue Light Rail Station and just moments from Branch Brook Park, this property offers outstanding visibility and accessibility. The first floor features a fully equipped BBQ restaurant, ready for immediate operation, along with a basement that provides additional storage and utility space. The second floor offers a well-maintained three-bedroom apartment in excellent condition, featuring hardwood floors and HVAC, making it ideal for owner-occupancy or rental income. Perfect for generating multiple income streams while building long-term value in a thriving location

Highlights

Listed by AUGUSTO VERISSIMO , OP WEICHERT REALTORS - HOME CITY , 201-293-6333. Garden State MLS

Property Type

Commercial Sale

Lot/Acreage
0.05

Year Built

2001

County

Essex

Neighborhood

North

Listing ID

4020187

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:2 Units,Central Air
Fireplaces:
Floor:Tile,Wood
Basement:Full,Walkout
Other:Public Water

Exterior Features

Lot:Level Lot
Lot Dimensions:20.3X105.3
Garage Capacity:0
Zoning:4A
Roof:Flat
Others:Brick/Block,Vinyl Siding
Sewer:Public Sewer
Parking Features:On-Street Parking
Principal Interest
$3,308
Taxes
$904

Home Price

$650,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$130,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,307.98

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,307.98 $904.42 $0.00 $4,212.40
Yearly $39,695.82 $10,853.00 $0.00 $50,548.82
Total $1,190,874.59 $325,590.00 $0.00 $1,516,464.59

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Newark City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-21T23:37:13.000Z

© 2026 Garden State MLS