63 Pierce StNewark, NJ 07103

Property Details for 63 Pierce St

Property type

Other commercial real estate

Property subtype

Other land

Description

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.

Location Insight

City

Newark

County

Essex

State

New Jersey

Latitude

40.7293

Longitude

-74.2081

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