Investment Properties

Check out the Commercial properties we have available in the Essex County area.

Buildings/Business

  In the house with Stephen Ross, owner and Developer of Hudson Yards in New York City, a 25 Billion Dollar Development.

1453 Springfield Ave., Maplewood, NJ- $450,000-UNDER CONTRACT

1100 Square-Foot office space over high-dry 1100 Square-Foot basement. Additional 500 sq.ft rental in the back of building. 177X50 Lot Size with Ample Parking. On major transportation routes.

18 Green St., Newark, NJ- $1.2M-OFFER

Location, location, location! This 4-story property lays in the heart of downtown Newark (across from City Hall.) Ground level was used as a restaurant/cafe/bar, and could be again. Possibilities of restaurant equipment can be a part of this deal. Second, as well as third floors highlight old world charm, with stainless steel windows, crown molding and ample space. Fouth floor is currently being used as a residential unit. Property will lbe delivered vacant, and awaits your offer!

377 South Orange Ave., Newark, NJ- $259,900-UNDER CONTRACT

Great Mixed use property in sprawling redevelopment area of Newark. Residential and Commercial Redevelopment surrounds this property. It features an occupied Pizza parlor (of 30 years) on the ground level, and two vacant 2-Bedroom/1 Bathroom Apartments that await your finishing touches! Newer HVAC units are in the 2 residential apartments. All units are separate utitilies. Owner was successful in acquiring a tax appeal of $4,500 annually. Property is a "cash cow" or a great flip.

63 19th Ave., Newark, NJ - $409,900 - SOLD

Newer 2 Family-Home with all Brick front & on one side of house located in hot redevelopment area. 3 bedroom/2 baths on each floor and renovated Basement w/ Bath & Shower for growing family. 1-car Garage parking. Tenants on month to month leasing, and family of the owner. Current Rent roll exceeds $3,100 with Room for improvement!

358-362 15th Ave., Newark, NJ, 07103 - $420,000- SOLD

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Marlin Bay - $100 Million- (UNDER CONTRACT)

  Project is located in the Bahamas, and consist of 1,463 Acres and approvals for a Hotel, Casino, Marina, Golf course as well as Strip Mall.

632-634 Martin Luther King Blvd., Newark, NJ, 07102 - $1.9M-(UNDER CONTRACT)

 

Newly Renovated 18-Unit Building For Sale!

Recently renovated 18-unit building for sale at 632-634 Martin Luther King Blvd, Newark, NJ down the street from St. Benedict's High School. 14 Residential tenants predominately on Sec. 8. Also 4 Commercial tenants.

 

Rent Roll per year: $250,000 plus!

Blog filled with Articles & all the tips you Need to Know!

Real Estate Investing: What You Need to Know

Dec 27, 2016
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Questions?

Powerhouse Realty

1549 Springfield Ave.,

Maplewood, NJ 07040

 

Phone: 908 391-1136

Fax: 973 763-5099

E-mail: Rspears10@aol.com

 

Or use our contact form.

Tip of the Week

Show Off Your Home!

Quick fixes before selling always pay off, but don’t over improve. Instead, do repairs that will pay off and get you what the home is truly worth. Best advice is to paint all the walls a neutral color, lighter colors open up the space. De- Clutter prior to listing your home… fix leaky faucets and keep the home clean at all times. For higher end homes consider staging (with a professional) to show the houses best light. Finally, depersonalize the home as much as possible. Although it’s emotionally difficult, eliminate family pics and certain art pieces that reflect you. A buyer wants to imagine themselves in the property so a blank canvas is best.

 

Learn more about how to sell your property.

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