Chancellor Avenue
Chancellor Avenue
$599,900
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Description
Outstanding investment opportunity in the heart of Newark, NJ. This multi-functional 2,381 square-foot property, located at 282 Chancellor Ave, is for sale and it's an asset you don't want to miss. Featuring a unique blend of two commercial units and one residential rental unit, this property is ideal for both seasoned investors and new entrants looking to make a mark in the commercial real estate market. The commercial spaces are versatile, catering to an array of business needs - from retail outlets...Outstanding investment opportunity in the heart of Newark, NJ. This multi-functional 2,381 square-foot property, located at 282 Chancellor Ave, is for sale and it's an asset you don't want to miss. Featuring a unique blend of two commercial units and one residential rental unit, this property is ideal for both seasoned investors and new entrants looking to make a mark in the commercial real estate market. The commercial spaces are versatile, catering to an array of business needs - from retail outlets to professional offices or service businesses. In addition, the property includes residential rental unit, with potential to split into 2 units. Perfect for attracting long-term tenants or offering a unique live-work arrangement.
- Listed by Danielle Arena • C21/ Action Plus Realty
- Listed by Renata Zelvys • C21/ Action Plus Realty
Property Details for Chancellor Avenue
Complex/Subdivision
None
DirectionsChancelor Rd
Location
LISTING UPDATED: 07/27/2023 08:49 AM
Property Details for Chancellor Avenue
Status | Active |
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MLS # | 22319710 |
Days on Market | 282 |
Taxes | $6,146 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial / Mixed Use |
Year Built | - |
Lot Size | 0.09 AC / 3,920 SF |
County | Essex County |
Location
Building Information for Chancellor Avenue
Stories2Residences-Year Built-Lot Size0.09 AC / 3,920 SF
Payment Calculator
$3,786 per month
The Payment Calculator is for illustrative purposes only.
Property Information for Chancellor Avenue
Property History for Chancellor Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near Chancellor Avenue
This home is within The Newark Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 6 to 12 | |||
Public - | PK to 8 | |||
Public - | PK to 8 |
Rating | School | Distance |
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Chancellor Avenue Elementary School PublicK to 8 | ||
Eagle Academy for Young Men of Newark Public6 to 12 | ||
George Washington Carver Elementary School PublicPK to 8 | ||
Hawthorne Avenue 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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