Agent profile image in chat bubble
Agent profile image in chat header

Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

Agent profile image in message

415 Central Ave , Newark City, NJ 07107
$1,500,000
Est. Payment: $7,725.04/mo
0 Bed
3 Bath
1500 Sqft
Status: Active | Days on site: 137
Get Pre-Qualified
0024A4 - 266378,265181
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Susan Maryanski, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
Agent profile image
Susan Maryanski
Operator

House Description

Great multi-family building with two 4BR/2BA apartments and approximately 3,000 SF of prime ground-floor commercial space in the heart of Newark's University Heights district. The ground floor was formerly operated as a lounge and is wide-open, featuring two existing bar setups areas and an adaptable layout ideal for a restaurant or cafe. Positioned just minutes from Rutgers University, NJIT, Essex County College, major hospitals, and premier attractions like NJPAC and Prudential Center, this location enjoys strong foot traffic and excellent visibility. The surrounding area is dense with students, professionals, and daily commuters, offering a built-in audience. Two bar areas in place with high ceilings and flexible interior layout. Prominent frontage along Central Avenue, steps from public transportation and major highways. Surrounded by colleges, hospitals, and downtown amenities in one of Newark's most dynamic and fast-growing corridors. Liquor License Can be purchased separately for $155,000

Highlights

Listed by DONN MCDONALD , MP and AJA ANN MAUCERI , MP COLDWELL BANKER REALTY , 973-233-2300. Garden State MLS

Property Type

Commercial Sale

Lot/Acreage
0.07

Year Built

1935

County

Essex

Neighborhood

University Heights

Listing ID

4024072

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3
  • Full Bathrooms:
  • 1/2 Bathrooms:6
Air Cond:3 Units,Central Air
Fireplaces:
Basement:Bilco-Style Door,Partial,Storage,Unfinished
Water:Public Water

Exterior Features

Lot:Corner
Lot Dimensions:30X101.8
Zoning:Mixed Use
Roof:Flat
Others:
  • Additional:Brick/Block, Vinyl Siding
Sewer:Public Sewer
Principal Interest
$7,725
Taxes
$1,065

Home Price

$1,500,000

Loan Details

30 yrs
6.677%

Down Payment

20%
$300,000
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:
$7,725.04

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,725.04 $1,065.33 $0.00 $8,790.37
Yearly $92,700.44 $12,784.00 $0.00 $105,484.44
Total $2,781,013.29 $383,520.00 $0.00 $3,164,533.29

Today's Rates

30 Year

6.68%

20 Year

6.59%

15 Year

6.04%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Sep 2026

Average Price

All Price Ranges
N/A
Sep 2026

Average Days on Market

All Price Ranges
N/A
Sep 2026
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: 2026-09-05T12:59:16.000Z

© 2026 Garden State MLS