NEWARK, NJ — A Newark commercial property has been sold for $750,000, in a deal brokered by Sheldon Gross Realty vice president Eric Weston.
Located along Verona Avenue, on the block between Mt. Prospect Avenue and Summer Avenue, the location will continue to be used as an auto body shop. The property features various equipment required for conformation with environmental safety protocols, including a spray paint booth, a vehicle frame rack, and a lift.
“Newark’s a busy, thriving community, with a lot of motorists,” Weston observes. “There’s opportunity for all types of businesses focused on maintaining cars, including body repairs. This transaction is one of those that’s a win not only for the buyer and seller, but for the local community as well.”
Only a short drive from Rte. 21, Rte. 280, and several bridges across the Passaic River, the property is ideally positioned to address area residents’ automotive service needs.