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Residential Income For Sale

250-252 Berkeley Avenue, Newark, NJ 07107

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Property Description

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

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
26018600
Price:
$550,000
Status:
Active
Office Name:
Realty One Group Sunrise
Agent Name:
Stanley
Features
Architectural Style:
2 Family
Laundry Features:
See Remarks
Utilities:
O/See Rmks
Address Map
Country:
US
State:
NJ
County:
ESSEX
City:
Newark
Zipcode:
07107
Street:
Berkeley
Street Number:
250-252
Street Suffix:
Avenue
Longitude:
W75° 49' 18.5''
Latitude:
N40° 46' 14.8''
Additional Information
On Market Date:
2026-05-22
Listing Information
Co List Agent Mls Id:
458603
Co List Office Name:
Realty One Group Sunrise
List Agent Mls Id:
1014727
List Office Mls Id:
3380
Mls Status:
Active
Modification Timestamp:
2026-05-22T16:36:20Z
Originating System Name:
njmls
Status Change Timestamp:
2026-05-22
Residential Income For Sale
Listing ID:
26018600
$550,000
Agent info
Contact Agent

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