Penny Lane Realtors
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Ideally located and close to a highly traveled mechanicalized intersection sits this two-story office building! Convenient private parking in the back with 5 tandem spots. The first floor features a reception area, desk, 5 examination rooms, office, private bathroom, lunch room/work station and another private bathroom. In addition, this unit has use of the full, unfinished, dry basement with storage shelves and bilco-door rear entrance. The upper-level office features a therapy room, along with an additional treatment room with kitchenette, storage room and shower. A waiting room with reception area, private office, private bathroom, and two additional bonus rooms completes this level. A great opportunity, come check it out today!
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
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.
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
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.
THIS 12000SQ-FT LIGHT INDUSTRIAL BUILDING IN NEED OF SOME TLC. THE PROPERTY NEEDS JUST ABOUT EVERYTHING! FROM ROOF TO FLOOR AND SO ON...
LOCATION LOCATION. Calling all business owners and investors! Mixed use property next to all major highways and 3 minutes from EWR. Brand new roof in 2020. Fully loaded with solar panels that are owned along with a battery wall system to run independently from grid during power outages. 1st floor is approx 1400 sq foot garage zoned commercial. 2nd fl is a huge open concept apartment that can be converted to office space should owner decide to do so.
Prime Location in North side of Newark with 3 store front and over 5500 sqft. One story building with parking with 3 active businesses. Businesses are 1 grocery store, 1 flowers/gift shop & Nutrition/ restaurant.
Free standing gated building on flat lot with one loading dock and one drive in gate. Totally renovated warehouse with high ceilings mostly 18 feet . Two bathrooms , 2000 ft. of office and about 1500 sf basement. Building is currently operating as a textile warehouse with active retail store. 10 gated private parking spaces. Owner is also open to lease the space for $13,000 per month. Owner has NJ RE LIC. A must see!!!
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.
Introducing an unparalleled investment opportunity: a fully operational restaurant bar that stands as the epitome of profitability and potential. This property isn't just another venue; it's a lucrative business venture waiting to be seized. Immerse yourself in a world of endless possibilities as this establishment comes fully equipped and in impeccable condition. From the moment you step through the doors, you'll realize the immense potential for success that awaits you. This property stands out because it includes a coveted liquor license, boosting revenue potential from day one. Beyond just a bar, it offers multiple revenue streams with two studio apartments and two full apartments providing rental income opportunities or accommodations for staff members. Additionally, a dedicated banquet area caters to large groups and special events, ensuring a steady stream of patrons year-round. Ample storage space in the walk-in basement and freezers allows efficient inventory management. Entertainment areas on both floors elevate the guest experience, with a DJ booth on each floor for live music events or private functions. This turnkey opportunity promises prosperity, eliminating the hassle of starting from scratch and positioning you for success in the bustling restaurant and bar industry. Seize the moment and transform your entrepreneurial dreams into reality.
1,700 SF warehouse with 18 foot high ceilings, front garage door entrance and rear roll up door plus private office and bathroom. Zoned C-2. Currently operating as an auto body repair shop. Tenant is on a M-M lease. Well located within close proximity to 78, NJ Turnpike, 1-9 and Newark Liberty International Airport. Also for sale MLS #3889502 - adjacent lot behind building - vacant land located at 261-263 Sherman Ave.
This 5-unit building combines residential and commercial space. The 4 residential units offer rental income, while the bar/restaurant offers the possibility of running your own business or rent it out for a significant increase on your rental income.
YOUR SEARCH ENDS HERE! Step into the rhythm of elegance and grace at our exquisite dance studio " Boasting two spacious studios adorned with mirrored walls and professional-grade dance floors, our studio provides the perfect canvas for dancers to unleash their creativity and finesse. The ambiance is enhanced by the front desk area. With the convenience of two half baths, 2 large storage rooms, central air and utility room. But that's not all " envision the potential for growth and expansion. The first level offers commercial versatility, providing a canvas for additional units that could be developed upstairs. Imagine the endless possibilities for creating a dynamic and thriving community
Restaurant + 1 Apartments with 2 Bedrooms. Central air/central heat. Restaurant in good condition. Sold as a package deal with 296-298 Park Ave Newark
Well established body shop for sale in prime location. 6300 sqft of incredible space including spray booth, 3 garage door entrances, office space, customer bathroom, and full upstairs office/apartment with washer/dryer and full kitchen with granite countertops and stainless steel appliances. 3 units total, one currently rented by long time tenant with well established mechanic business. Large parking lot with tons of space for cars, machinery etc. Take your auto business to the next level, or rent out the space for income potential.
Mixed use property, One 3 bedroom / 2 full bathroom apartment and big balcony on the 2nd floor and Well known deli and grocery business on the 1st floor. Located at the corner of 16th St and Kennedy Blvd. High visibility. Great location for any kind of business or office. Attached 1 car garage and one spot on the driveway. New aluminum fence and new hot water tank. Sale includes both, business and building. Listing broker is related to the seller.
OPPORTUNITY To purchase a 6 family with garage in the heart of Union City. Rent roll WAY BELOW MARKET VALUE generating 80k gross and around $63,000 net income yearly. Ton of back end potential to purchase in a growing area with values and rent rolls raising year over year. Located close to all major transportation and shopping and walking distance to anything needed. This is one you don't want to miss as a fantastic portfolio acquisition.
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
INVESTOR!! INVESTOR!! INVESTOR!! Amazing opportunity to own an 8 Unit Apartment Building right on Bergenline Avenue where you'll find most of the commercial activity full of stores, restaurants, schools and business buildings. Property contains 5 1 Bedroom apartments and 3 2 Bedroom Apartments with ample space in the basement for storage. Property being sold strictly AS IS. Union City is full of several community parks like Jose Marti Field, Ellsworth Park, and Union City Reservoir Park. Just outside of Union City lies Hamilton Park, a famous green space with scenic gardens, summer concerts, and beautiful views of New York City's skyline across the Hudson River.
Mechanic shop for sale in R3 zone, fits multiple cars on lot plenty of space for parking. Zoned for mechanic shop or multi-family. Located in a great area! You don't want to want miss this! Property is being sold AS IS! 24-hr notice.
A cornerstone in the tech repair industry, strategically located in the bustling downtown of Belleville with high foot traffic. For over a decade, RPM Wireless has been a trusted name, providing top-notch repair services for cell phones, computers, tablets, and video game consoles.Nestled in the heart of the downtown district, RPM Wireless benefits from a prime location in close proximity to various amenities. Its modern storefront, adorned with captivating signage, attracts a constant flow of passersby. Moreover, being situated near grocery stores, restaurants, fast-food joints, a barber shop right next door, and more, the store becomes an integral part of the local community hub.RPM Wireless has cultivated a loyal base of long-term customers. Their commitment to reliability, professionalism, and customer satisfaction has earned them a stellar reputation within the community. Repeat clients trust the consistent quality of service, contributing to a steady stream of business.RPM Wireless maintains a consistent cash flow throughout the year. While repairs form a substantial portion of their revenue, accessory sales complement this income stream. RPM Wireless stands tall as a beacon of reliability and excellence in the tech repair landscape. Its prime location, loyal customer base, diversified services, and consistent cash flow highlight its status as an established and thriving business, well-positioned for ongoing success in the ever-evolving tech industry.
