358-360 S Orange Ave , Newark City, Essex 07103-2118
- $1,300,000
- $1,300,000
Overview
- 8000 Sqft
Description
Income-producing mixed-use asset featuring 6 residential units and 2 street-level retail spaces on a high-traffic corridor. Strong in-place cash flow with additional upside through lease-up and rent optimization. Value-add opportunity with select units offering below-market rents and vacancy allowing for strategic repositioning.Efficient layout with separate utilities supports streamlined operations and expense control. Retail frontage provides visibility and diversified income stream.Located near major transportation, public transit, and neighborhood amenities, supporting consistent rental demand. Ideal for investors seeking a stabilized asset with near-term upside potential in a growing urban market.
Address
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Address: 358-360 S Orange Ave
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City: Newark City
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State/county: Essex
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Zip/Postal Code: 07103-2118
Details
Updated on April 13, 2026 at 11:33 am-
Property ID HZ4020133
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Price $1,300,000
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Property Size 8000 Sqft
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Land Area 0.06 Acres
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Garage Size x x
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Property Status Active
Additional details
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Roof Flat
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Utilities Electric, Gas-Natural
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Sewer Public Available
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Cooling Window A/C(s)
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Heating 4+ Units, Forced Hot Air
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County Essex
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Property Type MixedUse
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