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About This Home

This 0-bedroom, 0-bathroom commercial at 505 Central Ave in Newark City, NJ is listed for $1,200,000 ($75 per sqft). Built in 1900, the home offers 16,000 sqft of living space on a 0.06 acres lot.

Agent Description

Welcome to oversized commercial building or nonprofit for developers. It's currently used as a house of worship, , currently tax exempt, can be developed into mixed use C 4-5 up. Approximately 16,000 sq ft of open space so you can develop to fit your desire. Survey available upon request. Great for another Non profit or residential building. AS IS SALE! NEEDS A NEW ROOF AND CLEAN OUT. ONE CAR WIDTH PARKING around BACK OF BUILDING, MUST HAVE HOLD HARMLESS FORM SIGNED BY EVERYONE ENTERING PREMISES.

Key Features

  • Built in 1900
  • 0.06 acre lot

Property Details

1 story
1900

Amenities

Basement

Monthly Cost Estimate

$6,418/mo

20% down · 6.5% · 30 years

Principal$868
Interest$5,200
Insurance$350

Estimates only. Actual payments may vary.

Location

505 Central Ave

Newark City, NJ 07107-1431

Property Details

Flooring

CarpetConcrete

Construction

BlockBrick

Parking

Driveway

Cooling

None (Cooling)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 505 Central Ave is listed at $1,200,000 ($75/sqft). The estimated monthly payment is $5,200 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.06 acre lot.

This property is listed by FERNANDA CABRAL and can be reached at 9732532800 or Fernandasellsnj@gmail.com.

FC

FERNANDA CABRAL

Agent at KELLER WILLIAMS TEAM REALTY

(973) 253-2800

Listed by KELLER WILLIAMS TEAM REALTY · View on Broker Site

MLS# 4009297· Source: listhub· Updated 110 days ago

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

505 Central Ave, Newark City, NJ 07107-1431

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