948 S Orange Ave, Newark City, NJ 07106-1802
  • $899,000

Overview

Property ID: HZ4056861
  • MixedUse, Commercial Sale
  • Property Type
  • 4700 Sqft
  • Area Size

Description

An outstanding investment opportunity awaits with this prime five-unit mixed-use property, offering strong, diversified revenue streams and high cash-flow potential. The building features three prominent ground-floor retail spaces alongside two spacious upper-level residential apartments, each offering a desirable two-bedroom, one-bathroom layout that easily attracts reliable, long-term tenants. With the commercial tenants responsible for paying all of their own utilities, operating overhead remains exceptionally low, allowing investors to maximize net operating income from day one. Whether you are expanding an established commercial portfolio or looking for a high-performing multi-family asset, this income producer delivers the ideal blend of tenant stability, utility-split efficiency, and long-term financial growth.

  • Address: 948 S Orange Ave, Newark City, NJ 07106-1802
  • City: Newark City
  • State/county: NJ
  • Zip/Postal Code: 07106-1802

Details

Updated on October 5, 2026 at 12:28 pm
  • Property ID HZ4056861
  • Price $899,000
  • Property Size 4700 Sqft
  • Land Area 0.03 Acres
  • Year Built 1930
  • Property Type MixedUse, Commercial Sale
  • Property Status Active

Additional details

  • Roof Flat
  • Utilities Electric
  • Sewer Public Sewer
  • Cooling Window A/C(s)
  • Heating Baseboard - Electric
  • County Essex
  • Property Type Commercial Sale

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