250-252 Berkeley Avenue, Newark, NJ 07107
Local realty services provided by:CENTURY 21 The Crossing
250-252 Berkeley Avenue,Newark, NJ 07107
$550,000
- - Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: stanley francois, jassiel martinez
Office: realty one group sunrise201-265-7000
MLS#:26018600
Source:NJ_MLS
Price summary
- Price:$550,000
About this home
Rare investment and development opportunity in the heart of Newark's thriving Roseville section. 250-252 Berkeley Avenue, a legal two-family property, is being offered together with the neighboring institutional/commercial property as a package deal, creating an approximate combined lot size of 100 x 100.This unique assemblage presents exceptional potential for developers, investors, builders, or end-users seeking redevelopment opportunities in a rapidly growing area. Preliminary development concepts may support multiple new construction residential units, subject to buyer due diligence, zoning requirements, subdivision approvals, and municipal approvals.The existing two-family property provides immediate rental income potential and may remain tenant-occupied while developers pursue approvals, plans, and redevelopment opportunities, creating the possibility for cash flow during the planning and entitlement process.Conveniently located near major highways, public transportation, shopping, schools, and residential neighborhoods, this offering provides strong upside potential in an area experiencing continued growth and redevelopment activity.Buyer responsible for independently verify...
Contact an agent
Home facts
- Listing ID #:26018600
- Added:1 day(s) ago
- Updated:May 24, 2026 at 03:07 PM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:12
Finances and disclosures
- Price:$550,000
New listings near 250-252 Berkeley Avenue
- New
$450,000Active4 beds 2 baths39 Jacob St, Newark City, NJ 07103
MLS# 4029648Listed by: STEWART REALTY GROUP - New
$1,099,000Active-- beds 4 baths103 Houston Street, Newark, NJ 07105
MLS# 26018886Listed by: SIGNATURE REALTY NJ LLC - New
$490,000Active4 beds 2 baths741 Highland Ave, Newark City, NJ 07104
MLS# 4029581Listed by: COOPER MCKELVEY REAL ESTATE CO. - New
$550,000Active4 beds 3 baths250 Berkeley Ave, Newark City, NJ 07107
MLS# 4029437Listed by: REALTY ONE GROUP SUNRISE - New
$875,000Active6 beds 4 baths3,913 sq. ft.144 Fabyan Pl, Newark City, NJ 07112
MLS# 4029312Listed by: HI-LEVEL REAL ESTATE - New
$875,000Active4 beds 4 baths203 Oliver St, Newark City, NJ 07105
MLS# 4029193Listed by: SKY REALTY ASSOCIATES - New
$620,000Active-- beds 3 baths134 Dewey Street, Newark, NJ 07112
MLS# 26018441Listed by: REALTY ONE GROUP LEGEND, CLIFTON - New
$549,000Active5 beds 4 baths45 Bayview Ave, Newark City, NJ 07112
MLS# 4029142Listed by: BHHS FOX & ROACH - Open Sun, 2 to 4pmNew
$699,000Active7 beds 2 baths28 Underwood St, Newark City, NJ 07106
MLS# 4029044Listed by: KELLER WILLIAMS MID-TOWN DIRECT