Exceptional commercial redevelopment opportunity at 50 Duryea St., Newark, NJ! This three-story commercial building, located in a C-1 Commercial Zone, offers outstanding potential for developers, investors, owner-users, and business owners looking to capitalize on Newark's continued growth. The first floor is currently utilized for storage, while the second and third floors are configured as office space, providing flexibility for immediate use, renovation, or redevelopment. Strategically positioned with convenient access to major highways, public transportation, and Newark's thriving business district, this property presents endless possibilities for commercial, mixed-use, or adaptive reuse opportunities, subject to municipal approvals. Whether you're expanding your portfolio or seeking your next value-add project, this is a rare opportunity to invest in one of Newark's rapidly developing commercial corridors.
| MLS # | 4042474 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 9999 |
| Days On Site | 57 |
| Listing Provided By | RE/MAX PROFESSIONALS I | JORGE VELASQUEZ |
| Story(s) | 3 |
|---|---|
| Zoning | . |
| Property | 2103 |
|---|
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07103 |
| Area | Essex |
| Listing VS Median (in 07103) | |
Price: $499,000 low | high Med: $2,450 On site: 57 low | high Med: 6016 | |
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07103 |
| Area | Essex |
| Listing VS Median (in 07103) | |
Price: $499,000 low | high Med: $2,450 On site: 57 low | high Med: 6016 | |
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