- For Sale $499,000.00
- Property Type Mixed Use
- Property Size 1,800 SF
- Units 0
- Lot Size 0.02 Acre
- Cap Rate % 8
- Rental Income / YR $54,000.00
- NOI / YR $45,791.00
- Taxes / YR $8,209.00
- Zoning A-4 commercial
- Additional Rent $4,500
- # of Floors 2
- Average Floor Size 900 SF
- Property Tenancy Multi-Tenant
- Year Renovated 2025
- Date Updated Apr 30, 2026
Description
Well situated Commercial 4A 2 storey building consisting of 1,800 total s.f suitable for laundromat (plumbed for current use) or hair salon, with updated office (2025), full bathroom and kitchenette above. In the heart of the thriving Upper Roseville section with lots of high visibility and foot traffic. Second floor currently used as a trendy architect's office. Laundromat has 10 year lease at $2,000 per month with 6% annual increases on remainder of lease currently. Office rent $2,500.
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Contacts
Sandra Bolcar
Compass
Broker Associate
Location
Located at 377 Bloomfield Ave, Newark, NJ 07107, this property is part of the Upper Roseville neighborhood and New Jersey market.
Contact Listing Broker
Sandra Bolcar
Compass
Broker Associate
