282 Chancellor Avenue Newark, NJ $ 599,900
282 Chancellor Avenue
$ 599,900
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282 Chancellor Avenue

Newark, NJ, 07112
$ 599,900
Baths0.0

Monthly Estimate*

$ 4,190

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282 Chancellor Avenue, Newark, NJ 07112 - Image 2
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282 Chancellor Avenue, Newark, NJ 07112 - Image 8
Studio

Commercial Property for sale in Newark, NJ

for $599,900. The lot size is 0.09.

Outstanding investment opportunity in the heart of Newark, NJ. This multi-functional 2,381 square-foot property, located at 282 Chancellor Ave, is for sale and it's an asset you don't want to miss. Featuring a unique blend of two commercial units and one residential rental unit, this property is ideal for both seasoned investors and new entrants looking to make a mark in the commercial real estate market. The commercial spaces are versatile, catering to an array of business needs - from retail outlets to professional offices or service businesses. In addition, the property includes residential rental unit, with potential to split into 2 units. Perfect for attracting long-term tenants or offering a unique live-work arrangement.

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Commercial Active

Price

$ 599,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,146

Style

Lot Size

0.09

Town/City

Newark

County/Region

Essex

MLS | Web ID

22319710

Features
General
Sewer Public Sewer
Garage Spaces 0.0
Stories 2
Property SubType Mixed Use
Tax Year 2022
County Essex
New Construction N
Property Type Commercial Sale
Subdivision Name None
Garage Y/N N
Status Active
Directions Chancelor Rd
City Newark
View Y/N N
MLS Area Newark
Lot Size Square Feet 3920.4
Carport Y/N N
Street Name Chancellor
Tax Annual Amount 6146.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Newark (NEW)
Additional Parcels Y/N N
Leasable Area 2381.0
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 281
Standard Status Active
Tax Assessed Value 164500
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Exterior
Parking Features On Street
Water Source Public
Lot Size Area 0.09
Spa N
Lot Dimensions 37.9 x 106.1
Lot Size Acres 0.09
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Fireplaces 0
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 282
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* Excluded Features
List By
Danielle Arena

Listing Agent

C21/ Action Plus Realty

Broker

daniellearenarealtor@gmail.com

Email

Affordability Calculator

$4,703
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,190
Monthly Property Taxes
$512
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
742343 Elementary School
742618 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/19/2023$599,900 Listed Price

Map


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282 Chancellor Avenue, Newark, NJ, 07112 is a Commercial Property for sale at $599,900 with a lot size of 0.09. 282 Chancellor Avenue is a studio with 0.0 baths. The property's zip code is 07112 which is in Newark, NJ