$399,000

72 Irvine Turner Blvd Newark City, NJ 07103

$4,738
Closing credit¹
0 beds
0.04 acres
Multi-Family

Property details

About 72 Irvine Turner Blvd

This one-story property, located in the vibrant Springfield/Belmont neighborhood, offers an outstanding investment opportunity. The building features two units: Unit 1 is currently operating as a restaurant, providing a turnkey solution for food service businesses or a flexible space for other ventures, while Unit 2 is vacant and ready to accommodate a variety of business types, such as retail, office, or service-based operations.Strategically positioned at a high-traffic intersection, this property has excellent visibility and significant foot traffic. The surrounding area is home to numerous thriving businesses, including shops, restaurants, fitness centers, and corporate offices, creating a dynamic commercial environment. Additionally, the property is located near key local landmarks such as Newark Vocational High School, University Hospital, and Nat Turner Park, which draw consistent activity to the area.Convenient transportation options make this location even more attractive. The property is close to several NJ Transit bus stops, providing easy access to downtown Newark and surrounding neighborhoods. The Newark Light Rail and Broad Street Station are also a short distance away, offering seamless connectivity to major transit hubs, including Newark Penn Station. For travelers and commuters, Newark Airport is approximately 7.5 miles away, making it a strategic location for businesses serving a regional or global clientele.

Highlights

Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
BasementYes
Lot size0.04 Acres
Year built9999
ParkingOn-Street Parking
MLS #3940487

Summary

  • MLS Number: 3940487
  • Office Name: KELLER WILLIAMS REALTY
  • Office Phone: (908) 233-8502

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Last updated on: 2/22/2025, 12:55:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior

$399,000

72 Irvine Turner Blvd

$4,738

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

5

Sir Isaac Newton Elementary School

Public District PK-1

0.4 mi

150 Newton St

4

Newark Educators Community Charter School

Public Charter PK-4

0.5 mi

9-11 Hill St

2

Harriet Tubman Elementary School

Public District PK-6

0.7 mi

504 S 10th St

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 $41,580. Residents of Newark City, NJ typically earn between $35k-100k each year. Typical family type is single, with kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

43%
<35k
45%
35k-100k
8%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

36%
Single, No Kids
43%
Single, with Kids
7%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
15%
12-17 yrs old
25%
18-34 yrs old
33%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • HondaHonda

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 72 Irvine Turner Blvd in Newark City, NJ and zip code 07103 in the Central Ward neighborhood. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since January 9, 2025 and is currently priced at $399,000.

Between December and January 2025, Newark City, NJ real estate market has seen increase in the number of listings by 14.9%. The median list price of listings available in January 2025 was $498,990, while the average time on the real estate market was 104 days.

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

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