For Sale
$2,100,000

374-376 Chestnut St Newark, NJ 07105

Exceptional Investment Opportunity in Newark, NJ

Overview

Added:
Feb 3
Days on market:
73
This exceptional commercial property, located at 374-376 Chestnut Street in Newark, New Jersey, presents a significant investment opportunity. The property is listed at $2,100,000 and offers substantial potential for a variety of commercial uses. While the exact square footage is not currently specified, the property's prime location in Newark makes it an attractive prospect for businesses seeking a strong foothold in a vibrant urban market. The property sits on a lot with zero acres, suggesting a compact and potentially highly efficient layout. The "Other" property type designation indicates a versatile space adaptable to a range of commercial ventures, from retail to office space, or potentially even a mixed-use development, subject to local zoning regulations. Further due diligence is recommended to ascertain the precise zoning and permitted uses. Given the price point and location, this property is likely to attract considerable interest from investors and developers seeking a strong return on investment in a rapidly developing area of Newark. Interested parties are encouraged to conduct thorough inspections and research to fully assess the property's potential and suitability for their specific needs. The absence of square footage information underscores the need for a comprehensive site visit and review of available documentation. This property represents a unique chance to acquire a strategically located commercial asset in a dynamic urban setting.

Property Details for 374-376 Chestnut St

Property type
Commercial real estate

Location Insight

City
Newark
County
Essex
State
New Jersey
Latitude
40.72152
Longitude
-74.15969
374-376 Chestnut St, Newark, New Jersey

FAQs

What type of property is this?
Commercial real estate - Exceptional Investment Opportunity in Newark, NJ
Where is the commercial real estate located?
The property is located at 374-376 Chestnut St Newark, NJ.
What is the asking price?
The asking price for this property is $2,100,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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374-376 Chestnut St
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