$1,489,000

415 Central Ave Newark City, NJ 07018

$10,000
Closing credit¹
8 beds
4 full, 2 partial
0.07 acres
Multi-Family

Property details

About 415 Central Ave

MIXED USED WITH MASSIVE COMMERCIAL SPACE - This mixed used previous lounge property offers unparalleled convenience, situated just minutes from the University District, Rutgers University, NJIT, and a renowned hospital. Meticulously maintained by the owner, the building features two beautifully renovated apartments, each offering 4 bedrooms, 2 full bathrooms, central air conditioning, and hot forced air for modern comfort. The former lounge boasts approximately 3,000 sqft!!!! of versatile commercial space, complete with two bar areas. It's a blank canvas ready to be customized for the next lucky entrepreneur or transformed into a thriving new business venture. Don't miss out on this incredible opportunity in a highly sought-after location!

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
BasementYes
Lot size0.07 Acres
Year built
MLS #3938068

Summary

  • MLS Number: 3938068
  • Office Name: LIFESTYLE INTERNATIONAL REALTY
  • Office Phone: (201) 519-4739

Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: 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 an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein 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.

The information on this web site is provided exclusively 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 2:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of property

$1,489,000

415 Central Ave

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

2

Ecole Toussaint Louverture

Public District PK-5

0.2 mi

330 Central Ave

6

Langston Hughes Elementary School

Public District PK-5

0.3 mi

160 Rhode Island Ave

2

Cicely L. Tyson Community Elementary School

Public District PK-5

0.6 mi

45 N Arlington Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,895. Residents of Newark City, NJ typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

45%
<35k
52%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

50%
Single, No Kids
30%
Single, with Kids
11%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
42%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 415 Central Ave in Newark City, NJ and zip code 07018. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 15, 2024 and is currently priced at $1,489,000.

Over 6 listings were sold over their listed price in February 2025 in Newark City, NJ. In the same period over 5 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in Newark City, NJ between January and February 2025 increased by 14.2%.

From Rocket Homes Real Estate and based on county public records data.

More resources