524 Central Ave | Newark City

$350,000 | 5,050 Sq. Ft.

Rare redevelopment opportunity in Newark's Fairmount neighborhood. This 3-story, 5,500 SF mixed-use corner building features 6 residential units (five 1-bedrooms and one 3-bedroom) and a 1,200 SF ground-floor retail space. Zoned C-2, it supports a mix of residential and commercial uses. The property sits on a 2,367 SF lot with strong street exposure at Central Ave and South 9th Street. Currently vacant and ready for repositioning. Convenient access to transit and major Newark corridors. A compelling opportunity for investors or developers. GSMLS 3964526

Directions to property: From GSP Exit 145, take Central Ave toward Newark. Located between S 11th St & S 10th St, near publi

MLS Listing ID: 
GSMLS 3964526
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1979
Living Area: 
5,050
Construction
Construction Materials: 
Brick/Block, Wood
Roof: 
Built-Up
Exterior: 
Brick/Block, Wood
Energy Information: 
Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Radiators - Hot Water, See Remarks
Heating System Fuel: 
Gas-Natural
Cooling System: 
Window A/C(s)
Water Source: 
Public Water
Sewer: 
See Remarks
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.05
Lot Size (Dimensions): 
28.3X95
Waterfront: 
0
Lot Features
Driveway: 
None
Parking Type: 
None
Total Parking Spaces: 
0
Public Record
Parcel Number: 
1614-01828-0000-00001-0000-
Lot Number: 
1
Annual Tax: 
$6,084.00
Property Zoning: 
C-2
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
5/21/2025
Contract Details
Details about the listing contract.
Inclusions: 
Building Only
Possession: 
At Closing
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
KELLER WILLIAMS - NJ METRO GROUP