983-987 S Orange Ave Newark, NJ 07106
Unique investment opportunity near Seton Hall with high foot traffic.
Source: RE/MAX SELECT - Pine Brook
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Overview
Historic Theater in Newark's West Ward
This property, located in the heart of Newark's West Ward, presents an investment opportunity. Originally built in 1927, the Stanley Theater is a Spanish Atmospheric style theater designed by architect Frank Grad, with interior decoration by Landish Studios. The theater was named for the Warner Brothers-owned circuit that built it. By the early 1970s, the Stanley Theater was sold to an Italian-American cultural organization and transformed into a social hall called Casa Italiana. The Atmospheric style decor was retained, and the single-floor auditorium was cleared of seats for dining and dancing. Since 1980, it has been Newark Tabernacle. Situated a few blocks from Seton Hall, the location benefits from high foot traffic and is at the intersection of two major avenues. The property's location suggests potential for creative business ideas. The value is in the land and space.
Location Intelligence
Current Use by Public Records
Churches & religious facilities
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Essex
- State
- New Jersey
- Longitude
- -74.2289905
- Latitude
- 40.7466066
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FAQs
What type of property is this?
Church & religious facility - Unique investment opportunity near Seton Hall with high foot traffic.
Where is this church & religious facility located?
The property is located at 983-987 S Orange Ave Newark, NJ.
What is the asking price?
The asking price for this property is $930,000.
What are key features of this property?
This property features: - Prime location in Newark's West Ward at the intersection of 2 major avenues with high foot traffic.; - Significant land and space value.; - Close proximity to Seton Hall University.