304 S Orange Ave, Newark City, NJ 07103
- $990,000
Overview
- Store With Apartment, Commercial Sale
- 3484 Sqft
Description
Rare mixed-use investment opportunity on high-traffic S Orange Avenue in Newark’s established West Side corridor.This well-maintained brick building offers two street-level commercial spaces plus four residential units ideal for anowner-user or pure income investor. Kitchens and baths updated within the last 10 years. Additional storage inbasement and private paved backyard. Separate utilities. Gross monthly income of $10, 700. Priced at a compelling8.0% cap rate one of the strongest going-in yields available in Essex County today. Minutes to downtown Newark, NJ Transit, and major highways. REO (bank-owned) property. Seller is in the process of securing access to all units. All offers accepted subject tofull physical inspection contingency, to be scheduled once interior access is obtained. Buyer’s due diligenceperiod commences upon written confirmation of unit access. Property sold strictly AS-IS. Seller will make norepairs. All income figures must be independently verified by Buyer. Proof of funds or pre-qualification requiredprior to showing. Do not disturb tenants.
Address
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Address: 304 S Orange Ave, Newark City, NJ 07103
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City: Newark City
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State/county: NJ
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Zip/Postal Code: 07103
Details
Updated on July 30, 2026 at 12:38 pm-
Property ID HZ4043437
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Price $990,000
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Property Size 3484 Sqft
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Land Area 0.08 Acres
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Year Built 1920
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Property Type Store With Apartment, Commercial Sale
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Property Status Active
Additional details
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Roof See Remarks
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Utilities Electric, Gas-Natural
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Sewer Public Sewer
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Cooling Window A/C(s)
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Heating Radiators - Hot Water, Radiators - Steam
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County Essex
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Property Type Commercial Sale
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