250 Berkeley Ave, Newark, NJ 07107

Newark
Local realty services provided by:Better Homes and Gardens Real Estate Green Team
250 Berkeley Ave,Newark City, NJ 07107
$550,000
  • 4 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: stanley francois
Office: realty one group sunrise201-265-7000
MLS#:4029437
Source:NJ_GSMLS

Price summary

  • Price:$550,000

About this home

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,...

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Home facts

  • Year built:1999
  • Listing ID #:4029437
  • Added:46 day(s) ago
  • Updated:July 08, 2026 at 08:57 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:12
  • Basement Description:Basement, Finished

Heating and cooling

  • Heating:Baseboard - Hotwater

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1999
  • Lot area:0.11 Acres
  • Architectural Style:2-Two Story
  • Construction Materials:Aluminum Siding

Utilities

  • Water:Public Water
  • Sewer:Public Available

Finances and disclosures

  • Price:$550,000
  • Tax amount:$5,878 (2025)

Features and amenities

  • Amenities:Gas In Street

Parking

  • Parking description:Blacktop Driveway
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated July 8, 2026

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