Penny Lane Realtors
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THIS 12000SQ-FT LIGHT INDUSTRIAL BUILDING IN NEED OF SOME TLC. THE PROPERTY NEEDS JUST ABOUT EVERYTHING! FROM ROOF TO FLOOR AND SO ON...
Distinguished Opportunity: The Barge Inn - Restaurant, Bar, and Four Apartment UnitsPresenting an iconic opportunity to acquire not just one, but two well-established and highly successful businesses " The Barge Inn, a renowned restaurant and bar, along with four accompanying apartment units. This corner property, strategically positioned just off Newark Avenue, has proudly served as a neighborhood cornerstone for over five decades.Encompassing the full footprint of the lot, this property offers a myriad of possibilities for investors and entrepreneurs alike. Ideally located in proximity to Newark Avenue's pedestrian plaza and restaurant row, this establishment has been a consistent presence in the community.The Grove Street PATH features four apartments, each thoughtfully designed for modern living. Unit 1 comprises a one-bedroom with a bonus room and one bath, while Units 2 and 3 offer two bedrooms and one bath each. Unit 4 is a well-appointed one-bedroom with one bath. Alongside the residential units, the property includes a thriving restaurant and bar, both contributing to the allure of this investment.Currently, the owner is in the process of developing plans for a strategic redevelopment, presenting a substantial opportunity for new development in this prime location. The entire building, including the restaurant, bar, and apartments, can be delivered vacant, offering a clean slate for visionary projects.
Welcome to the magnificent place of worship, a double lot and a single family home for sale. This grand establishment boasts a pulpit, a stage, a well-equipped kitchen, a convenient pantry, and dressing rooms. The property's soaring ceilings create an awe-inspiring atmosphere, and the basement adds an extra layer of wonder. Prepare to be amazed by the expansive basement space, which matches the size of the main building and features remarkably high ceilings. Within this vast area, you will find numerous rooms awaiting your creative vision. On the main floor, you'll discover three bathroom stalls, while the basement presents three stalls and an additional single bathroom, ensuring ample facilities for all visitors. This property is being sold together with a double lot and a four bedroom, 1 and a half single family home with an attach garage and a beautiful front yard. All three spans from 331-345 MEEKER AVENUE, and is comprised of four lots (BLOCK: 3576; LOTS: 18, 20, 22, 24), spanning the full city block from Jelliff Ave., up to Peshine Ave. Properties need some work. Strictly SOLD AS IS
Discover a unique investment opportunity in the heart of Elizabeth, located in the bustling Washington section. This all-brick, mixed-use building is perfectly positioned on a main street, featuring three units, two of which are currently operational. The ground floor hosts a commercial store, generating a monthly rental of $3,400. Above, find a spacious three-bedroom apartment with a full bathroom, upgraded vinyl flooring, and an eat-in kitchen that opens to a bright and airy living space complete with a porch/patio. This unit is ideal for both comfort and convenience, situated just blocks from the Broad Street shopping district and Elizabeth High School. The rear of the building offers an additional 1500-2000 sqft of space, ready to be transformed into another three-bedroom apartment, complete with separate electric and gas meters. With on-street parking and proximity to key amenities, this property promises significant income potential and is a lucrative investment for the savvy buyer.
This is a great investment opportunity to own a mix-used building with high ROI in a nice neighborhood in Newark, NJ. The building was constructed in 2009 by current owner with a restaurant on first floor and three apartments (Studio, 1-bedroom, 2-bedroom) on second floor. The restaurant just signed a 10 year lease, providing carryout and dine-in services. Apartments are newly painted and are rented now. Close to schools, hospital, parks, and airport. Easy access to major highways. Financial statements are available upon request.
Approved 66 unit project and retail space. Plans on file. The owner has the construction drawings complete. Current use is 3 commercial units plus 2 apartments with parking in the rear. The property is ready for permitting. The owner is willing to lease 7000 sqft of commercial land with parking for $20 per sqft, it can also be divided.
Restaurant for sale open every day from 10 AM to 7 PM trades as Port Deli & Grill take out and delivery restaurant seats 28 approximately 1,600 sq ft plus use of basement w walk in refrigerator box all equipment is included with sale of the business w 9 employees including 3 delivery drivers. Weakly gross income aprox $20,000. Current rent $2,700 w 9 years left. parking included. List of items included expenses and income to be given to interested buyers. Income and expenses bellow are weekly estimated amounts
Excellent investment commercial property. 2 Apartments and 2 commercial units. Each apartment has 3 bedrooms and 1 bathroom, EIK, formal living and dinning room. Front and back entrance, Central AC and Force Air Heat. all utilities are separated. First Floor Store $1,500; 2nd Floor Office $$2,000; 3rd Floor apartment $2,200 and 4th Floor Apartment $2,200. Parking for up to 15 cars.
Liquor License For Sale!! Plenary Retail Consumption License with Broud C for Bar/Restaurant in Harrison! Class "C 33 Plenary Consumption License " Full Liquor " Bar / Restaurant
Location! Location! Location! Established CORNER convenience store with almost 2,000 square feet of usable space. Great opportunity for a savvy entrepreneur to continue running and grow a store that has been a staple in the community for over 25 years. Take advantage of the HIGH visibility store front, with approximately 41,000 daily vehicle traffic count. High foot traffic with 2 schools (elementary and middle schools) two blocks away on either side of the store. Add a high density of multi-family homes in vicinity. By putting every square inch of this store to good use - which is almost twice the size of your typical convenience store - you can grow and maximize the return on your investment. Comes with a large Walk-in Cooler, several Refrigerators, Fixtures, Built-in Loyal Customer Base (the hard part!) who come in to play Lotto, Pay Utilities, and send money via Western Union. Buyer to do Due Diligence. Square footage is approximate.
WERE YOU SEARCHING FOR THE PERFECT HOUSE OF WORSHIP? WELL LOOK NO FURTHER! THIS HOUSE OF WORSHIP BOASTS OF 10119 SQ FT OF USABLE SPACE TO HOLD ALL WORSHIP SERVICES. SOME REPAIRS NEEDED.
2536 sq.ft. warehouse on a 50x113 lot. Brick building in great condition. Conveniently located near Rt 22 and I-78. Currently tenant occupied.
12 YEARS IN BUSINESS: USED CAR DEALERSHIP FOR SALE (IF INTRESTED IN CURRENT - CAR INVENTORY TO BE SOLD @ BOOK VALUE) PARKING FOR 20-25 CARS (ALL CARS SOLD WITHIN A YEAR PERIOD WILL RECEIVE 1 YEAR OF FREE MAINTANCE OF THE FOLLOWING: REGULAR OIL CHANGE-TIRE ROTATION-COMPUTERIZED ALIGNMENT) Make This Reputable high traffic Business your Next Project for your Portfolio.
Excellent opportunity to own this two story investment property. Current use as restaurant. Located in busy street. Work at restaurant and live at above apartment. close to hospital, Highway 78 and public transportation. " as is " sale. Also for lease
Opportunity Knocks- Sold " AS IS " Huge multifamily home with six Apartments on double Lot, 4 car garage in need of repairs plus extra parking. Great for investors and Developers this is a unique opportunity money-making property.Big potential Upper Clinton Hill Area of Newark .Three Apartments have 2 bedroom / 1 bath. Three apartments have 1 bedroom /1 bath.Each unit is thougtfully designed to maximize space and natural light, ensuring a comfortable and inviting living environment.Living here offers a variety of nearby experiences to enjoy.Located just two miles outside of Downtown Newark, and closer to major Highways and Newark Airport.
Huge Price Improvement Needs work but with some vision GREAT POTENTIAL first floor ballroom with large kitchen behind ZONING MAY ALOW CONVERSION TO RESIDENTIAL WITH MUNICIPAL APPROVAL BUYER MUST DO OWN DILIGENCE WTH THE CITY OF NEWARK ALL DOCUMENTS AND INSPECTIONS REQUIRED FOR CLOSING RESPONSIBILITY OF BUYER
BEST LOCATION W/VIEWS LOCATED IN JOURNAL SQUARE,RARE OPPORTUNITY TO ACQUIRE LARGE RENOVATED APARTMENT BUILDING WHICH CONSISTS OF 9 APARTMENTS 3/BEDROOMS EACH, INCLUDING 9 GARAGES AND EXTRA PARKING WHICH INCLUDES 2 SIDES OF THE STREETS, BACK TO BACK.50X105,58X136,ONE BLOCK FROM JOURNAL SQUARE,PATH,TRAINS,BUSSES, (NJ TIMES SQUARE)Owner will finance with 40% down, motivated owner
Uncover a remarkable investment potential in Newark! This BRAND NEW MODERN PROPERTY is a mixed-use property features TWO 3-bedrooms with two bathrooms units and 1 adaptable commercial space. Nestled in a prime location. It presents an ideal blend of residential and commercial income possibilities. Whether you're a seasoned investor aiming to diversify or a newcomer seeking a stable investment, this property offers an alluring opportunity for growth. Enhanced by its proximity to urban amenities, transportation, and a vibrant community, seize the chance to optimize returns and broaden your investment portfolio in this thriving area. IT QUALIFIES FOR TAX ABATEMENT
THIS BEAUTIFUL BRICK BUILDING IS A LEGAL 6 UNIT PROPERTY PER CITY OF NEWARK. DEPARTMENT OF COMMUNITY AFFAIRS HAS IT AS AN 8 UNIT PROPERTY. PROPERTY NEEDS TOTAL REHAB AND THERE 1S GREAT POTENTIAL FOR INVESTMENT RETURN. SOME RENOVATION HAVE BEEN STARTED AND NOT COMPLETED WITH MANY UNITS BEING RENOVATED AND ADDED. THIS IS A MUST SEE WITH ITS OLD WORLD CHARM AND STYLE.
4,400 sq. ft. Income producing Commercial Property in a prime location in Hillside! The 4 separate units are all currently occupied and generating approx $7,000 in monthly rent. Tenants pay all utilities. Furnace and water heaters in each unit are just under 6 years old. Located near major highways, other businesses and residential neighborhoods making it a great investment for years to come!
Seize this lucrative investment opportunity with a unique duplex that hasn't graced the market in over half a century. Located at a desirable corner lot, this multi-use propertyfeatures a sprawling layout with 6 bedrooms and 3 bathrooms, accommodating a diverse range of professional and personal needs. Envisioned as a two-unit duplex with additional spacesideally suited for professionals such as doctors or lawyers, it includes a fully equipped office space that epitomizes professional grandeur.Step inside to discover a living space rich withpotential, featuring expansive living and dining areas, a generously sized kitchen, and ample bedroom spaces distributed across the upper floors. The property's grandeur is enhanced byprofessionally landscaped grounds that frame a stunning custom inground pool with a waterslide, creating a serene oasis for relaxation or entertainment.Adding to its accessibility, a busstop directly in front of the home offers convenient transit to NYC, making it a perfect blend of suburban tranquility and city connectivity.Offered as-is, this duplex also presents thepossibility of commercial utilization or the exciting option of redevelopment into additional homes, subject to appropriate approvals.This property is not just a home or an office; it's acanvas awaiting your vision. Whether maintaining its esteemed legacy or reimagining it for the next generation, the potential here is only limited by your imagination.
2 Lots together of 25x100 each one. Total of 5,000 sqf. Currently rented for $3,500.00 month. Good for investment or to build 2 houses of 2, 3 or 4 units each one, or building of 12 to 18 units.Buyer must do his own diligences. Sold "as is". No environmental issues.
