9 Madison ave 9 Madison Ave Spécialité 372 m² À vendre Newark, NJ 07108 1 147 147 € (3 086,95 €/m²)

Nestled at the corner of Madison Avenue and Irvine Turner Boulevard, 9 Madison stands as a distinguished and historic landmark. This grand corner property, approved for a three-family dwelling, offers immense potential for the discerning investor. Currently operating as a "Class I shelter" with authorization for 27 occupants or more, the sale exclusively includes the building itself—ensuring a seamless transition for buyers interested in preserving its existing use.
With pre-approved zoning for shelter operations, no additional zoning approvals are required. This expansive structure boasts an impressive 15 bedrooms, three spacious living areas, four full bathrooms, and two half baths, providing ample space for various residential or institutional applications. Modernized heating systems ensure comfort throughout, while on-site parking accommodates up to four vehicles.
Additionally, ownership includes a comprehensive suite of covered expenses: all utilities, hot and cold water, insurance, electricity, maintenance, garbage removal, heating, and taxes—streamlining operational costs for the next owner. A rare blend of historic charm, versatility, and investment opportunity, 9 Madison is primed for its next chapter.