587 S Orange Ave, Newark City, NJ 07106
587 S Orange Ave, Newark City, NJ 07106
587 S Orange Ave, Newark City, NJ 07106
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Naveen Sharma

Naveen Sharma

+1(732) 429-0939
$549,000
Est. payment /mo
2,613 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4052304

Year Built 1900

Annual Tax Amount $12,996

Tax Year 2025

Lot Size 2,613 Sqft

Property Sub-Type Mixed Use

Property Description

Excellent mixed-use investment opportunity on busy South Orange Avenue! This income-producing property features a commercial space on the first floor with an established tenant and lease in place. The second floor offers a renovated two-bedroom apartment, providing an additional source of rental income. A full unfinished basement provides additional storage. Renovated in 2021 and situated in Newark's C-2 Community Commercial and Residential Zone, the property offers strong visibility and convenient access to major highways, public transportation, shopping and neighborhood amenities. A great opportunity to add a versatile mixed-use property to your investment portfolio. Buyer responsible for verifying permitted uses and property information with the City of Newark.

Location

State NJ

County Essex

Zoning c-2

Rooms

Basement Full, Unfinished

Interior

Heating Electric, Gas-Natural

Cooling Central Air

Equipment Smoke Detector

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Gas In Street

Roof Type Flat

Garage No

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

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Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by EPIQUE REALTY

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Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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587 S Orange Ave