$1,599,000

895-897 Mayor Gibson, Newark City, NJ 07102, US

Summary

Sq Ft: 5000

Moving Quotes

primary photo for 895-897 Mayor Gibson, Newark City, NJ 07102, US

Remarks

LOCATION, LOCATION, LOCATION!Located directly across from Newark Town Hall, this rare investment opportunity is perfect for builders and investors looking to capitalize on one of the city?s most sought-after commercial streets. The property currently operates as a Crown Fried Chicken (owned by the seller) and a nail salon generating $4,000/month in rental income. The property can be delivered fully vacant, offering flexibility for the buyer to reimagine its use. Development Opportunity: Per seller (buyer to conduct due diligence), zoning allows for the construction of up to 4 floors plus a ground floor, accommodating 12 residential units and 2 commercial spaces. This property is a true gem for investors and developers seeking to expand their portfolio. With unmatched location and versatile development potential, it?s a chance to create a significant asset in Newark?s bustling urban landscape.

Details

MLS#: 3969077
Price: $1,599,000

Sq Ft: 5000

County: Essex

Share With Friend






Cancel

Ask a Question







Cancel

Request More Photos







Cancel

Schedule a Showing








Cancel
  • Photo 1
  • Photo 2
  • Photo 3
  • Photo 4
  • Photo 5
  • Photo 6
  • Photo 7
  • Photo 8
  • Photo 9
  • Photo 10
  • Photo 11
  • Photo 12
  • Photo 13
  • Photo 14
  • Photo 15
  • Photo 16
  • Photo 17
  • Photo 18
  • Photo 19
  • Photo 20
  • Photo 21
  • Photo 22
  • Photo 23
  • Photo 24
  • Photo 25
  • Photo 26
  • Photo 27
  • Photo 28
  • Photo 29
  • Photo 30
  • Photo 31
  • Photo 32
  • Photo 33
  • Photo 34
  • Photo 35
  • Photo 36
  • Photo 37
  • Photo 38
  • Photo 39
  • Photo 40
  • Photo 41
  • Photo 42
  • Photo 43
  • Photo 44
  • Photo 45
  • Photo 46
  • Photo 47
  • Photo 48
  • Photo 49

Broker Contact


REAL
165 PASSAIC AVE STE 205
FAIRFIELD, NJ, 07004
US
Eric Axelson
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Garden State MLS, LLC
Last updated: 2025-06-12T14:47:15.000-04:00.
Privacy Policy