250-252 Berkeley Ave

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per Sq. Ft.

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...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
  1. Listed by Stanley E. Francois • Realty One Group Sunrise
    P: (201)-467-9294 stanley@thefrancoisgroup.info
  2. Listed by Jassiel Martinez • Realty One Group Sunrise
    P: (973)-619-3041 jassiel@thefrancoisgroup.info

Property Details for 250-252 Berkeley Avenue

Style
2 Family
LISTING UPDATED: 05/29/2026 12:00 AM

Property Details for 250-252 Berkeley Avenue

StatusUnder Contract - Under Contract
MLS #26018600
Days on Market8
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS Type2-4 Family
Year Built-
Lot Size-
CountyEssex County

Location

Listing Courtesy of Realty One Group Sunrise, Stanley E. Francois; Realty One Group Sunrise, Jassiel Martinez
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Payment Calculator

$3,199 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,741

Property Taxes

$458

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 250-252 Berkeley Avenue

Summary
Location and General Information
  • Area name: Newark
  • Flood plain: None
  • Street Name: Berkeley
  • County Name: ESSEX
  • Status: Pending
  • Zip Code: 07107
Taxes and HOA Information
  • Other Charges: True
  • Tax: $0
Property
Lot Information
  • Year Built: 1900-1939
Property and Assessments
  • Photo Number: 5
Interior and Exterior Features
Interior Features
  • Bedrooms: 4
  • Baths full: 3
  • Baths partial: 0
  • Number of rooms: 12
  • Full Baths Total: 3
  • Num of Baths: 3.0
Agent
Sale and Listing Information
  • Management Phone: 201-467-9294
  • Search Class: 2to4, 2-4 Family
  • List Price: $550,000.00
  • Listing Date: 05-19-2026
  • Pending Date: 05-28-2026
  • Status Date: 05-27-2026
Showing Information
  • Internet Remarks: 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

Property History for 250-252 Berkeley Avenue

DateEvent & SourcePriceAppreciation
May 27, 2026

Under Contract

NJMLS #26018600

May 18, 2026

Listed (Active)

NJMLS #26018600

$550,000
DateEvent & SourcePrice
05/27/2026

Under Contract

NJMLS #26018600

05/18/2026

Listed (Active)

NJMLS #26018600

$550,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 250-252 Berkeley Avenue

Taxable ValueLand$53,800Additions$93,200Total$147,000
Tax Record2022$5,492 ($458 / month)
Home Facts
Beds0Total Finished SqFt1,606 SqFtAbove Grade Finished SqFt1,606 SqFtStories2Lot Size5,001 SqFtStyleSingle Family ResidenceYear Built1919CountyESSEXAPN14 00643-0000-00003

Schools near 250-252 Berkeley Avenue

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 8
Rating
School
Distance
First Avenue Elementary School
PublicPK to 8

Dr. William H. Horton Elementary School
PublicPK to 8

Ridge Street Elementary School
PublicPK to 8

Salome Urena Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty One Group Sunrise, Stanley E. Francois; Realty One Group Sunrise, Jassiel Martinez

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 07/12/2026 01:12 PM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 07/12/2026 01:12 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.