5,558 sqft

$1,500,000

415 Central Ave, Newark City NJ, 07107

Price per sqft$269.88

Built in1935

Property size5,558 sqft

Property typeCommercial

Overview

Active

Listed Dec 14, 2025

Updated 7h ago

Fully leased, great multi-family building with two 4BR/2BA apartments and approximately 3,000 SF of prime ground-floor commercial space in the heart of Newark's University Heights District. The ground floor is a Kitchen/Restaurant with a three year lease. Positioned just minutes from Rutgers University, NJIT, Essex County College, major hospitals, and premier attractions like NJPAC and Prudential Center, this location enjoys strong foot traffic and excellent visibility. The surrounding area is dense with students, professionals, and daily commuters, offering a built-in audience. Prominent frontage along Central Avenue, steps from public transportation and major highways. Surrounded by colleges, hospitals, and downtown amenities in one of Newark's most dynamic and fast-growing corridors.

Other Property Details

Taxes: $12,784
Tax Frequency: Annually

Courtesy of COLDWELL BANKER REALTY with DONN MCDONALD, AJA ANN MAUCERI
Listing Contact: 9732332300

The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service , L.L.C . Real estate listings held by other brokerage firms are marked as IDX Listing. All information deemed reliable but not guaranteed and should be independently verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.