250 Berkeley Ave, Newark City, NJ 07107

• 4 beds |
• 3 baths

Property Description

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, shopping, schools, and residential neighborhoods, this offering provides strong upside potential in an area experiencing continued growth and redevelopment activity.Buyer responsible for independently verify

Listing Status:

Pending

Data Last Updated:

June 25, 2026 at 3:42PM

Listing Office:

REALTY ONE GROUP SUNRISE : 201-265-7000

MLS ID:

4029437

Interior

• Basement: Finished
• A/C: None
• Heating: Baseboard - HotwaterGas-Natural

Exterior

• General: Aluminum Siding
• Parking: Parking spaces: 0

Construction

• Roofing: Asphalt Shingle

Location

• County: Essex

Lot

• Driveway: Blacktop
• Zoning: 1614-00643-0000-00003-0000-

Utilities

• Utilities: ElectricGas In Street
• Water: Public Water
• Sewer: Public Available

Financial

• Exclusions: None