Penny Lane Realtors
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Highly Visible Fully Rented 8-unit Brick commercial building in Bloomfield. 4 Commercial units; 3 with a long-standing business history; and Four (4) 2 Bedroom apartments, each with month-to-month tenants and a long rental history of paying on time. Individual heating units and hot water heaters, many which were recently replaced. Well-kept building which has been held by the family for many generations. *As per Current usage - APARTMENTS ARE EXEMPT FROM RENT CONTROL*
BUILDING FOR SALE LOWER NORTH NEWARK SECTION 12 APARTMENTS , 12- 2 BEDROOMS , LIVING ROOM KITCHEN BATHROOM . BUILDING RENOVATED 2012 AND 4 OUT OF 12 RENOVATED 2023. FLOATING AND CERAMIC FLOORS . ALL SEPERATE UTILITIES ALL UNITS WITH CENTRAL AC/HEAT 13 GAS METERS . 13 ELECTRIC METERS STOVE DISHWASHER INCLUDED . FULL FINISHED BASEMENT WITH UTILITY ROOM AND USED FOR STORAGE FLAT RUBBER ROOF, SPRINKLER SYSTEM SURVELLIANCE CAMARAS BRICK BUILDING ALL AROUND REAR YARD CONCRETE FLOOR NEAR ROUTE 21 AND BROAD ST LIGHT RAIL STATION MONTHLY GROSS INCOME $ 17,966.30
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.
Location location Location! Calling all entrepreneurs and investors. Do you want to be your own boss? Grab this business opportunity by the horns and make 2024 your year. This Nail salon has a large clientele base and hundreds of thousands of vehicle traffic per day. Ideally located in route 21 plaza; offers your business unlimited potential. Currently generating $7,000 - 10,000 per week! Featuring 10 workstations 6 pedicure chairs with aqua massage Waiting area Security system 14 executive comfort chairs Services offered Acrylic, crystal, manicure, LCN Gel, hand design , gel gloss, clear tip, eyelash, UV Gel Manicure, waxing.
Newly renovated banquet hall being sold with its Plenary Retail Consumption liquor license! Currently Zoned C-1, this was Previously operating as a Caribbean restaurant, this space needed a facelift and that's exactly what it received. Over $300,000 of material/labor was put in to fully renovate the main level area, by investing in brand new floors, new added bathrooms with brand new flooring, wall tiles a brand new added bar with direct access to the kitchen, new higher ceilings with added lighting and chandeliers and a private office area next to the bar/kitchen, to name a few updates. This space is a homerun investment! Zoning C-1 includes: Dwelling, Above the Ground Floor of Retail, Office or Service Use, Child Care Center, Consignment Store, Finance, Insurance, Real Estate, or Securities Brokerage Consumer Services, Fresh Food Market, Furniture and Appliance Stores, Governmental (Non-Municipal), Laundromat, Municipal Uses, Personal Service Establishment, Place of Worship.
Investment Opportunity! Two story office building located in the beautiful town of Verona. Spacious first floor is currently occupied by an Eye Doctor.- Space is broken up into 2 exam rooms, an office, reception area, bathroom, kitchenette and a large open area. The second floor unit offers two private offices, large reception area, private bath and spacious conference room. Additional income is provided by the rooftop billboard. Close to bus stop, Verona Park, restaurants and shops. Plenty of street parking and the municipal lot is across the street behind Chase Bank.
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.
295 Montgomery Street is a Commercial Property with 3 Office Rental Units. This is a crown-jewel type of property, in a 0.33 Acres and in a very high in demand area. All about location! This three-story wood constructed build with approximately 16 parking spaces is a corner parcel with two driveway entrances. Highly visible and well situated near the Bloomfield College, the Bloomfield Center, and transportations. Close to parks, dining, entertaining, Garden State Parkway, Metro/Subway Boonton Line, and Bus Transportation. Do not miss this opportunity.
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
Located in the redeveloped downtown with high population density. 6800 sqft free standing building with full commercial kitchen equipment. There is also about 1000 sqft basement for storage. Short distance to parking garage, Bloomfield College & Residence Hall, Bloomfield High School, Bloomfield Train Station, NJ Transit Buses, City Hall, Post Office. Surrounded by high end residential rentals (142 units in The Green + 224 units at Avalon + 176 units at Six Points). Currently leased to an Indian buffet restaurant with lease ended on 1/31/2023. Currently on month to month.
Located in the Beautiful town of Verona, near center of town with restaurants and shopping! Great location & opportunity! New lease from Lukoil starting 5/1/24- 4/30/27. 2 Pumps, 4 Tanks: Lukoil Responsible for maintenance of such. Property includes an exclusive parking lot as well as a a Mechanic shop operated through the 2 Bay Garages with car lifts, currently rented till 12/2024, and leased for $4k a month. Opportunity to not only purchase this business location, but also a Rt 46 Lukoil Business, see MLS #3878664.
Great commercial Building can be used for worship, warehouse, school, legal or business office. 1,400 sq.ft. on both floors. First floor open. Concrete floors. 14 feet high ceilings. Steel Beams. 2nd floor has 4 rooms, 2 bathrooms, and kitchenette. Concrete block & steel. Flat rubber roof (new). First floor can be used for loading/unloading. Slide up garage door. 2 and 1/2 blocks from Irvington Center Bus terminal Close to highway 78, 22, 21 and Garden State Parkway.
1024 and 1026 Clinton Ave sold together shovel ready to build 8 units with 1 commercial space, 5-1BR apartments and 2-2BR apartments. Walking distance to Irvington Bus Terminal NYC 107 Express Bus 35 minute commute to Port Authority.
New Doctors office building located in the business District of Irvington right off Springfield Ave. This building is so diverse and can be subdivided into multiple offices or Medical Center. This unique building is made up of 3 Units Ideal for any health and beauty professionals.The first floor holds two seperate units : a Physical Therapy Practice with 4 private rooms and 2 bathrooms. The 2nd downstairs suite has 5 private rooms and 2 waiting areas. The large 2nd floor unit has 7 exam rooms, lab, 2 offices, conference room, kitchenette, 3 bathrooms and multiple waiting areas. This building is centrally located, convenient to highways, public transportation and shopping. Utilities are separated with central air throughout the building parking for up to 25 cars. Great investment for owner users with additional rental income from other units.
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.
6 Family home with parkling for approx 8 cars. Solid all-brick building fully rented in good condition. Great investment opportunity. Features 5-3 bedroom 1 bath apartments and 1-2-bedroom 1 bath apartment. All have eat-in-kitchens & living room. 2 coin-operated washer/dryers for added income. Roof is approx 10 years old. Landlord provides heat for 3 units, 3 units have separate heat/central ac. Each tenant pays own hot water, cooking gas & electric. 5 apts have leases expiring July 31, 2024. Rent amounts: 1R-$1,163 1L-$1,417 - 2R-$1,560 - 2L-$1,417 - 3R $1,184 (m/m)- 3L-$1,388. Gross Income: $97,588 yearly - Laundry Income: Between $1,200 - Expenses: $7,000 (heat and electricity) Water: $4,700 Insurance: $6,445 yearly Maintenance: $2,040 (garbage and snow removal). Exterminator: $1,200 yearly - Boiler Worry free program - $1440 Year. Total Expense $35K Approx Net $64K.
THIS 12000SQ-FT LIGHT INDUSTRIAL BUILDING IN NEED OF SOME TLC. THE PROPERTY NEEDS JUST ABOUT EVERYTHING! FROM ROOF TO FLOOR AND SO ON...
PRICE REDUCED !!! This industrial office building stands tall, its sleek exterior blending modernity with functionality, with 12 offices nestled within, each space is occupied by owner, but can be easily rented for $700 or more. On First floor you will find 10 offices along with a reception area, 2 oversize office on 2nd floor with private bathrooms ( one full bathroom with stall shower).10Ft high garage door and indoor parking for 4 cars or more, used as a merchandise storage for current owner.
Luxury 18 unit apartment building built in 2016. There are a total of 18 units/ 8 garages 4 first floor units with attached garages/3 2 bed/2bath, 1-1bed -sq ft varies. 7 second floor units all 2 bed/2 full bath - Rents $2200-$2500- 1100 sq ft. 7 second floor units each with a loft 2/bed/2 full baths- Rents are $2400 - $2850 1500 sq ft. Each unit has h/w floors, w/d in unit/ SS appliances including dishwasher/microwave, central air, balcony for each 2 and 3 floor unit. First floor units have private patio in rear. Conveniently to major highways, Downtown Montclair and train.
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
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.
