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$ 549,000
Est. payment | /mo
2,613 Sqft Lot
$ 549,000
Est. payment | /mo
2,613 Sqft Lot
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4052304
Year Built 1900
Annual Tax Amount $12,996
Tax Year 2025
Lot Size 2,613 Sqft
Property Sub-Type Mixed Use
Property Description
Excellent mixed-use investment opportunity on busy South Orange Avenue! This income-producing property features a commercial space on the first floor with an established tenant and lease in place. The second floor offers a renovated two-bedroom apartment, providing an additional source of rental income. A full unfinished basement provides additional storage. Renovated in 2021 and situated in Newark's C-2 Community Commercial and Residential Zone, the property offers strong visibility and convenient access to major highways, public transportation, shopping and neighborhood amenities. A great opportunity to add a versatile mixed-use property to your investment portfolio. Buyer responsible for verifying permitted uses and property information with the City of Newark.
Location
State NJ
County Essex
Zoning c-2
Rooms
Basement Full, Unfinished
Interior
Heating Electric, Gas-Natural
Cooling Central Air
Equipment Smoke Detector
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Brick/Block
Utilities Available Gas In Street
Roof Type Flat
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple

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Listed by EPIQUE REALTY
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