25 Jacob St, Newark City, NJ 07103
25 Jacob St, Newark City, NJ 07103
25 Jacob St, Newark City, NJ 07103
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$265,000
Est. payment /mo
4,000 SqFt
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Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Under Contract

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $66

Subdivision West Ward

MLS Listing ID 4016006

Annual Tax Amount $13,976

Tax Year 2025

Lot Size 2,613 Sqft

Property Sub-Type Mixed Use

Property 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.

Location

State NJ

County Essex

Zoning 4A

Rooms

Basement Full, Unfinished

Interior

Heating Gas-Natural

Cooling No Cool

Flooring See Remarks

Equipment See Remarks

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block, See Remarks, Vinyl Siding

Utilities Available Electric, Gas-Natural

Roof Type Flat

Building

Story 2

Sewer Public Sewer, See Remarks

Water Public Water, See Remarks

Others

Ownership Fee Simple


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Garden State MLS(GSMLS)
Listed by IDENTITY PROPERTIES

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Name

Name

Phone*

Phone

Message

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Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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25 Jacob St