For Sale
$429,000

63 Pierce StNewark, NJ 07103

Prime Newark location, mixed-use potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Newark, NJ property at 63 Pierce Street presents a unique investment opportunity. Located in a vibrant commercial zone, this 1,500 square foot lot offers significant potential for both business and residential use. The property currently features a ground-floor commercial space ideal for a variety of businesses, whether a start-up or an expansion. Above the commercial space is a two-bedroom, one-bathroom apartment, providing additional income potential through rental or conversion into owner-occupied space. The property is being sold as-is, with no contingencies. While some renovations are needed, the strategic location and flexible zoning make this a compelling investment for those with a vision for revitalization. The asking price is $429,000. The property is situated in Essex County, New Jersey, with the zip code 07103. This is a two-story building on a commercial lot, built in an unspecified year. The property is listed as land with commercial subtype. This is a rare chance to acquire a property in a growing area of Newark, offering a blend of commercial and residential possibilities. Don't miss this chance to be part of Newark's exciting real estate market.

Highlights

  • 1,500 SF lot in Newark, NJ's vibrant commercial zone, ideal for mixed-use development.
  • Ground-floor commercial space plus a 2-bedroom, 1-bathroom apartment, offering dual income potential.
  • As-is sale, $429,000 asking price.
  • Located in Essex County, NJ, zip code 07103.
  • Two-story building on a commercial lot; requires renovations.

Property Details for 63 Pierce St

Property type
Land
Stories
2

Location Insight

City
Newark
County
Essex
State
New Jersey
Latitude
40.7293156
Longitude
-74.2080613
63 Pierce St, Newark, New Jersey

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63 Pierce St
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