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
52 Holland St, Newark City NJ 07103-2011
Property City
Newark City
Property Price
$749,000
Bedrooms
6
Year Built
2024
Tax Annual Amount
$3999
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.06
MLS Status
Active
MLS #
4040635
Yearly Tax Rate
3.999
Year Built (*numeric)
2024
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
2 Units, Central Air
Heating
2 Units
Lot Size Dimensions
25X100
Data import from
GSMLS