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976 Bergen Street,
Newark, NJ 07112

Closed
$1,350,000

Overview

Auction Sale

976 Bergen Street,
Newark, NJ 07112

0 SF

Description

Corner retail building with parking spaces, potential redevelopment opportunity

Property Snapshot

• Block-through, corner retail property with 18 parking spaces
• 10,105 SF building, located on a 18,099 SF lot
• 380’ combined frontage, featuring 200 ft of frontage along Bergen Street, 90 ft of frontage on Scheerer Avenue and 90 ft of frontage on Shepard Avenue
• Potential redevelopment opportunity; the City of Newark has rezoned the corridor to allow mixed-use developments with high-density residential components.
• Prime location on the Bergen Street retail corridor with 8,500 vehicles per day along Bergen Street
• Located across the street from the bus stop at Bergen Street and Scheerer Avenue
• Short walk from the Weequahic Park and the Newark Beth Israel Medical Center

Auction Details

Bidding Opens: February 10th, 2025 12:00 PM

Bidding Ends: February 12th, 2025 12:00 PM

Opening Bid: $650,000

Access Auction: Family Dollar (Dark) | Potential Redevelopment Opportunity | NJ-NY MSA – Marketplace

Documents

  • Tax Map

  • Zoning Map

Description

Corner retail building with parking spaces, potential redevelopment opportunity

Property Id : 48196

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