25 Jacob St , Newark City, Essex 07103-2028
- $265,000
- $265,000
Overview
- 4000 Sqft
Description
Unlock the potential of this mixed-use building located in the West Ward of Newark. The property features approximately 2,000 sq ft of commercial space on the first floor with two restrooms, plus a second-floor residential unit offering 3 bedrooms, kitchen, living room, and one full bathroom. The building has previously operated as both a childcare center and a House of Worship, demonstrating its flexibility for a variety of commercial, community, or institutional uses.For investors and developers, the property offers significant value-add potential. Buyers may choose to maintain the mixed-use configuration or explore the possibility of converting the building into two residential units (buyer to verify with the City of Newark). The open commercial layout provides a blank canvas for redevelopment.Conveniently located near West Side Park, University Hospital, Rutgers New Jersey Medical School, and the South Orange Avenue commercial corridor, with nearby schools receiving A and B ratings on Niche.com. Close to transportation, parks, shopping, and major neighborhood institutions.Property is being sold strictly as-is and requires renovation, offering an excellent opportunity to reposition a well-located building in one of Newark’s active investment areas.
Address
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Address: 25 Jacob St
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City: Newark City
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State/county: Essex
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Zip/Postal Code: 07103-2028
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Area: West Ward
Details
Updated on April 15, 2026 at 6:31 pm-
Property ID HZ4016006
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Price $265,000
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Property Size 4000 Sqft
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Land Area 0.06 Acres
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Garage Size x x
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Year Built 9999
Additional details
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Roof Flat
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Utilities Electric, Gas-Natural
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Sewer Public Sewer, See Remarks
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Cooling No Cool
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Heating 2 Units, Radiators - Steam
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Flooring See Remarks
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County Essex
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Property Type MixedUse
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