52 Holland St, Newark City NJ 07103-2011

$799,000
Active
Newark City

About this home

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

Taxes & fees

Annual property tax
$3,999
Tax year
2025
Tax rate
3.999

Property details

Year Built
2024
Roof (*text)
Asphalt Shingle
Lot Size Area
0.06
MLS #
4040638

Features & amenities

Year Built (*numeric)
2024
Basement
No
Roofing (*text)
Asphalt Shingle
Days on market
57
Basement (*text)
No
Cooling (*text)
Central Air
Heating
2 Units
Lot dimensions
25X100
Property Location

40.734023018788, -74.2014026378

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Listing source
GSMLS
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